Welcome to our dedicated page for EDAP TMS SA news (Ticker: EDAP), a resource for investors and traders seeking the latest updates and insights on EDAP TMS SA stock.
EDAP TMS SA (NASDAQ: EDAP) is a global leader in therapeutic ultrasound with over 30 years of experience. The company develops, manufactures, promotes, and distributes minimally-invasive medical devices for urology using advanced ultrasound technology. With a robust presence worldwide through a network of corporate offices, subsidiaries, and distribution partners, EDAP TMS is committed to innovation and excellence.
EDAP TMS operates through three main divisions:
- HIFU (High-Intensity Focused Ultrasound): This division focuses on the development and marketing of devices for the non-invasive destruction of tumors. Key products include Ablatherm, Ablatherm Fusion, and the Focal One, which is the latest addition designed for ideal focal therapy of localized prostate cancer.
- ESWL (Extracorporeal ShockWave Lithotripsy): This division manufactures and services the Sonolith range of lithotripters, which are used for the treatment of kidney stones.
- Distribution: This division markets complementary products such as lasers, micro-ultrasound systems, and other medical devices from third-party suppliers.
EDAP TMS is known for its strong patent portfolio thanks to continuous investment in research and development. The company collaborates with globally acclaimed medical research institutions to push the boundaries of medical technology. Financially, EDAP TMS reported a gross profit of EUR 24.4 million (USD 26.4 million) for the year ending December 31, 2023, reflecting a slight increase from the previous year. However, the gross profit margin declined due to inflationary pressures and investments in U.S. operations to support long-term revenue growth.
Recent achievements include the launch of the Focal One and strategic partnerships to expand its product reach. The company’s commitment to innovation and patient care makes it a significant player in the medical device industry.
FAQ
What is the current stock price of EDAP TMS SA (EDAP)?
What is the market cap of EDAP TMS SA (EDAP)?
What does EDAP TMS SA specialize in?
What are the main divisions of EDAP TMS SA?
What products are included in the HIFU division?
What is the function of the ESWL division?
What type of products does the Distribution division market?
What recent achievements has EDAP TMS SA accomplished?
How does EDAP TMS SA support its innovation?
What were the financial results for EDAP TMS SA in 2023?
How does EDAP TMS SA maintain its market position?
Who can be contacted for investor relations at EDAP TMS SA?
