Profound Medical to Present at the 43rd Annual Cowen Health Care Conference

Rhea-AI Summary

Profound Medical Corp. (NASDAQ: PROF; TSX: PRN) announced that CEO Arun Menawat will present a business update at the 43rd Annual Cowen Health Care Conference on March 8, 2023, at 9:10 a.m. ET. The presentation will be live-streamed and archived on the Company’s website under the Investors section.

Profound specializes in customizable, incision-free therapies for diseased tissue ablation. Its flagship products include TULSA-PRO®, designed for precise prostate ablation, and Sonalleve®, used for treating uterine fibroids and palliative pain. Both technologies have received multiple regulatory approvals.

TORONTO, March 01, 2023 (GLOBE NEWSWIRE) -- Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, today announced that its CEO and Chairman, Arun Menawat, will present an update on the Company’s business at the 43rd Annual Cowen Health Care Conference on Wednesday, March 8, 2023 at 9:10 a.m. Eastern Time.

The presentation will be broadcast live and archived on the Company's website at www.profoundmedical.com under "Webcasts" in the Investors section.

About Profound Medical Corp.

Profound is a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue.

Profound is commercializing TULSA-PRO^®, a technology that combines real-time MRI, robotically-driven transurethral ultrasound and closed-loop temperature feedback control. TULSA-PRO^® is designed to provide customizable and predictable radiation-free ablation of a surgeon-defined prostate volume while actively protecting the urethra and rectum to help preserve the patient’s natural functional abilities. TULSA-PRO^® has the potential to be a flexible technology in customizable prostate ablation, including intermediate stage cancer, localized radio-recurrent cancer, retention and hematuria palliation in locally advanced prostate cancer, and the transition zone in large volume benign prostatic hyperplasia (“BPH”). TULSA-PRO^® is CE marked, Health Canada approved, and 510(k) cleared by the U.S. Food and Drug Administration (“FDA”).

Profound is also commercializing Sonalleve^®, an innovative therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases. Sonalleve^® has also been approved by the China National Medical Products Administration for the non-invasive treatment of uterine fibroids and has FDA approval under a Humanitarian Device Exemption for the treatment of osteoid osteoma. The Company is in the early stages of exploring additional potential treatment markets for Sonalleve^® where the technology has been shown to have clinical application, such as non-invasive ablation of abdominal cancers and hyperthermia for cancer therapy.

For further information, please contact:

Stephen Kilmer
Investor Relations
skilmer@profoundmedical.com
T: 647.872.4849

FAQ

When is the Profound Medical Corp. presentation at the Cowen Health Care Conference?

The presentation will take place on March 8, 2023, at 9:10 a.m. ET.

Where can I watch the Profound Medical Corp. presentation?

The presentation will be broadcast live and archived on Profound Medical's website under the Investors section.

What are Profound Medical Corp.'s main products?

Profound Medical Corp.'s main products include TULSA-PRO® for prostate ablation and Sonalleve® for treating uterine fibroids.

What regulatory approvals has Profound Medical Corp. received for its products?

TULSA-PRO® is CE marked, Health Canada approved, and 510(k) cleared by the FDA. Sonalleve® has similar approvals for various applications.

What technology does TULSA-PRO® utilize?

TULSA-PRO® combines real-time MRI, robotically-driven transurethral ultrasound, and closed-loop temperature feedback control for prostate ablation.