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Profound Medical Corp
Profound Medical Corp
Exchange: NasdaqCM
IPO Date: 24/09/2014
CEO: Dr. Arun Swarup Menawat
Medical Devices Healthcare 🔗
  • PROF
  • 7.2459
  • 151199472
    market cap
  • -0.02409983
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Old Price $12 Current Price $12

Profound Medical Corp. develops, manufactures and markets therapeutic platforms that combine real-time magnetic resonance imaging with directional and focused ultrasound technology for incision-free ablation of diseased tissue. The company is headquartered in Mississauga, Ontario. The firm is a medical device company focused on prostate cancer care. Its product consists of common electronic components, capital equipment and disposables. The firm is developing and commercializing a minimally invasive procedure for patients with prostate cancer, the Transurethral Ultrasound Ablation-PRO (TULSA-PRO) system. Its technology combines magnetic resonance imaging (MRI) guidance and ultrasound energy to deliver thermal ablative therapy to the prostate gland delivered through the urethra. Its real-time, MRI guided ultrasound procedure (TULSA) ablates the whole prostate gland, from the inside out, in a single session. The company has completed a Phase l International Clinical Trial. The Phase I trial has demonstrated that magnetic resonance (MR)-guided TULSA provides treatment planning, real-time thermal dosimetry and control of prostate ablation to within approximately 1.3 millimeters.

Address: 2400 Skymark Ave Unit 6 Mississauga ONTARIO L4W 5K5

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