Profound Medical Corp T.PRN

Alternate Symbol(s): PROF

Healthcare Medical Devices

Profound Medical Corp. is a Canada-based commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue. It is commercializing TULSA-PRO, a technology that combines real-time magnetic resonance imaging (MRI), robotically driven transurethral ultrasound and closed-loop temperature feedback control. The TULSA procedure, performed using the TULSA-PRO system, has the potential of becoming a mainstream treatment modality across the entire prostate disease spectrum; ranging from low -, intermediate-, or high-risk prostate cancer; to hybrid patients suffering from both prostate cancer and benign prostatic hyperplasia (BPH); to men with BPH only; and also, to patients requiring salvage therapy for radio-recurrent localized prostate cancer. It is also commercializing Sonalleve, a therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases.

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Profound Medical Corp > insider buys

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Comment by rocko65on Dec 24, 2023 1:11pm

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Post# 35799769

RE:insider buys

Nice to see Arun increase his holdings. for many of us that have been here a while and believe in this story lets see how adoption and utilization rates play out in 2024. Hard to believe this stock is where it was at 3 years ago with many accomplishments and progression made. I have been patient and have been adding to my shares. My thought is that we should start seeing an increase in the utilization and marketing of this procedure and an increase in earnings going forward. Time will tell and i believe we are on the cusp of some growth. fingers crossed and a merry christmas to everyone!!

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