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Bullboard - Stock Discussion Forum
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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TSX:PRN - Post Discussion
Profound Medical Corp
> Up around 10% today - any idea why?
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homer111
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Post by
homer111
on Jul 16, 2024 1:19pm
Up around 10% today - any idea why?
anyone know why we're up 10% today? not complaing, just curious...
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HomerAndCompany
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Comment by
HomerAndCompany
on Oct 16, 2024 5:35am
With the benefit of hindsight it seems likely that the 10% rise in share price of which you speak, and further spike over the following month and a half might be related to the announcement that came 3 business days earlier: "Profound Medical Announces Category 1 CPT Codes Proposed CY2025 Rule for TULSA to Treat Prostate Diseases" Current Procedural Terminology (CPT®) codes are
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