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Profound to Showcase TULSA-PRO®, the TULSA Procedure™ and the Future of iMRI at AUA2026

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Profound Medical (NASDAQ:PROF) will showcase TULSA-PRO, the TULSA Procedure and iMRI prostate ablation at AUA2026 in Washington, DC. Four oral presentations will cover MRI-guided transurethral ultrasound ablation outcomes, safety and real‑world data in localized prostate cancer.

The company will demonstrate TULSA-PRO and a Siemens MAGNETOM Free.Max MR at Booth #413 and is launching an initiative to explore integrating PSMA PET molecular imaging into TULSA-PRO treatment planning to support intent-to-treat decisions and patient monitoring.

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News Market Reaction – PROF

+1.41%
1 alert
+1.41% News Effect

On the day this news was published, PROF gained 1.41%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Multifocal prostate cancer: 85% AUA2026 TULSA talks: 4 oral presentations 12‑month outcomes: 12 months +5 more
8 metrics
Multifocal prostate cancer 85% Proportion of prostate cancer cases that are multifocal
AUA2026 TULSA talks 4 oral presentations Session 'Prostate Cancer: Localized: Ablative Therapy II' at AUA2026
12‑month outcomes 12 months Safety, efficacy and functional outcomes from a phase 2 TULSA trial
AUA2026 booth Booth #413 Location for TULSA-PRO and iMRI demonstrations at AUA2026
AUA2026 session time May 16, 1:00–3:00 p.m. ET Session featuring four TULSA Procedure oral presentations
MRI field strength 0.55T Siemens MAGNETOM Free.Max MRI compatibility note
Registered shares 921,428 shares Shares registered for resale under S-3 shelf dated May 12, 2026
Private placement proceeds $6.45 million Gross proceeds from Dec 30, 2025 private placement at $7.00 per share

Market Reality Check

Price: $6.81 Vol: Volume 55,424 is below 20...
low vol
$6.81 Last Close
Volume Volume 55,424 is below 20-day average 92,193 (relative 0.6x). low
Technical Shares at $7.10 are trading above the 200-day MA of $6.25, and about 20.67% below the 52-week high of $8.95.

Peers on Argus

Ahead of this AUA2026 technology update, PROF was down 0.56%. Several medical-de...
1 Up

Ahead of this AUA2026 technology update, PROF was down 0.56%. Several medical-device peers like OWLT (-5.07%), RPID (-4.25%) and SERA (-3.64%) also traded lower, but momentum data flags only one peer (LUCD, up 4.24%) and does not confirm a coordinated sector move.

Historical Context

5 past events · Latest: May 07 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
May 07 Q1 2026 earnings Positive -4.3% Strong revenue growth, higher margins, narrowed loss and raised 2026 guidance.
Apr 29 Sector AI feature Positive -2.2% Profound mentioned among medtech names in AI diagnostics investment overview.
Apr 16 Earnings date notice Neutral +3.1% Announced timing of Q1 2026 results release and post-call webcast details.
Apr 14 Investor conference Neutral -0.2% Planned business update presentation at Bloom Burton healthcare investor conference.
Apr 01 Clinical data showcase Positive +0.8% Multiple SIR 2026 talks highlighting TULSA-PRO trial data and automation advances.
Pattern Detected

Most recent news items, including product showcases and conferences, have seen price moves that generally align mildly with the news tone, but the strong Q1 earnings update drew a negative next-day reaction.

Recent Company History

Over the last few months, Profound has mixed operational milestones with investor outreach. On Apr 1, TULSA-PRO clinical and automation data at SIR 2026 coincided with a small gain. Conference and earnings-date announcements in mid-April had limited impact. The May 7 Q1 2026 results showed revenue doubling to about $5.3M, but shares fell 4.33% the next day. Today’s AUA2026 presentations and PSMA PET integration plans extend the theme of building clinical evidence and visibility for TULSA.

Regulatory & Risk Context

Active S-3 Shelf · $6.45 million
Shelf Active
Active S-3 Shelf Registration 2026-05-12
$6.45 million registered capacity

An effective S-3 shelf dated May 12, 2026 registers up to 921,428 common shares for resale, representing stock previously issued at $7.00 per share for gross proceeds of $6.45 million. The company will not receive proceeds from these resales.

Market Pulse Summary

This announcement highlights further clinical exposure for Profound’s TULSA-PRO platform, with four ...
Analysis

This announcement highlights further clinical exposure for Profound’s TULSA-PRO platform, with four oral presentations at AUA2026 and an initiative to integrate PSMA PET into iMRI-guided ablation planning. It builds on recent SIR and CAPTAIN-trial visibility and follows strong Q1 2026 growth to about $5.3M in revenue. Investors may watch adoption metrics, additional trial readouts, and how the PSMA PET integration evolves alongside the registered resale of 921,428 existing shares.

Key Terms

imri, androgen deprivation therapy, phase 2 trial, psma pet, +1 more
5 terms
imri medical
"a commercial-stage medical device company that develops and markets innovative interventional MRI (“iMRI”) procedures"
iMRI (intraoperative magnetic resonance imaging) is the use of MRI scanners during a surgical procedure to provide real‑time images of a patient’s anatomy, helping surgeons see exactly where tissues, tumors, or instruments are while they operate. Investors care because iMRI can improve surgical accuracy, lower the need for follow‑up operations, and drive demand for specialized scanners, instruments and software—similar to giving surgeons a live GPS—which influences hospital purchasing, device sales and regulatory pathways.
androgen deprivation therapy medical
"short-term neoadjuvant and androgen deprivation therapy before MRI-guided transurethral ultrasound ablation for localized prostate cancer"
Androgen deprivation therapy is a medical treatment that lowers or blocks male hormones (androgens) to slow the growth of hormone-sensitive cancers, most commonly prostate cancer. Think of it as cutting off the fuel a fire needs so the blaze slows; for investors, changes in ADT use, new ADT drugs, or clinical trial results can affect demand for medications, device procedures, safety profiles and long-term revenue for healthcare companies.
phase 2 trial medical
"12-month safety, efficacy, and functional outcomes from a phase 2 trial"
A phase 2 trial is an intermediate-stage clinical study that tests whether a new treatment works and is reasonably safe in a group of patients who have the condition it targets. Think of it as a field test of a prototype product: it checks real-world effectiveness and side effects on a modest number of users to decide whether the treatment should move to larger, definitive testing. Investors watch phase 2 results because positive outcomes can sharply increase the likelihood of regulatory approval and future sales, while failures often halt development.
psma pet medical
"integrating TULSA-PRO with PSMA PET molecular imaging technologies to enhance ablation planning"
A PSMA PET is a medical imaging test that uses a tiny radioactive tracer which sticks to a protein commonly found on prostate cancer cells so a scanner can light them up. For investors, it matters because broader use, regulatory approval, or reimbursement of PSMA PET can change demand for the scans, boost companies that make the tracers or scanners, and affect the market for related drugs and diagnostics — like turning on a more precise flashlight for finding disease.
molecular imaging medical
"integrating PSMA PET molecular imaging technologies with the TULSA Procedure to support intention-to-treat decisions"
Molecular imaging is a medical technique that uses specialized scans and tracers to see biological processes at the cellular or molecular level inside the body, like using a GPS to track where activity is happening rather than just taking a photo. For investors, it matters because these tools can speed diagnosis, guide drug development, and help companies demonstrate a therapy’s effect earlier and more precisely, potentially reducing time and cost to market.

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Company to explore the potential of integrating TULSA-PRO with PSMA PET molecular imaging technologies to enhance ablation planning and monitoring

TORONTO, May 14, 2026 (GLOBE NEWSWIRE) --  Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets innovative interventional MRI (“iMRI”) procedures, is pleased to announce that the TULSA Procedure™ will be highlighted in four oral presentations at the upcoming American Urological Association’s (“AUA”) Annual Meeting in Washington, DC, in the session titled “Prostate Cancer: Localized: Ablative Therapy II” on May 16th from 1:00-3:00 p.m. ET.

TULSA Procedure Talks at AUA2026

  • Ram A. Pathak, M.D., Associate Professor in the Department of Urology at Mayo Clinic in Florida, will give a presentation titled "Multicenter registry of MRI-guided transurethral ultrasound ablation (TULSA): MRI characteristics associated with treatment outcome";
  • Mikael Anttinen, M.D., Ph.D., a Urologist at Turku University Hospital in Finland, will give a presentation titled "Morphologic and perfusion changes induced by short-term neoadjuvant and androgen deprivation therapy before MRI-guided transurethral ultrasound ablation for localized prostate cancer";
  • Dr. Anttinen will also give a presentation titled: “Lesion-targeted MRI-guided transurethral ultrasound ablation for localized prostate cancer: 12-month safety, efficacy, and functional outcomes from a phase 2 trial”; and
  • Masayoshi Miura, M.D., Ph.D., the Director of the Department of Urology and Renal Transplantation Surgery at Sapporo Hokuyu Hospital in Japan, will give a presentation titled “Transurethral ultrasound ablation of the prostate is effective for localized prostate cancer and functional preservation: Single-center real world data”.

A Complete Interventional MRI (“iMRI”) Solution for Prostate Ablation

To see the future of iMRI prostate ablation first-hand, Profound is pleased to invite AUA2026 attendees to visit Booth #413, where it will host demonstrations of TULSA-PRO® and display an actual Siemens MAGNETOM Free.Max MR.1

The Potential Role of PSMA Pet Imaging in iMRI Prostate Ablation

Profound also announced that it is launching an initiative to explore the potential of integrating PSMA PET molecular imaging technologies with the TULSA Procedure to support intention-to-treat decisions and patient monitoring.

“Approximately 85% of prostate cancer is multifocal, meaning that there are two or more distinct index lesions and/or satellite lesions present in different areas of the organ2,” said Preston C. Sprenkle, M.D., an Associate Professor of Urology at Yale University School of Medicine, and Chair of the NCCN Early Detection of Prostate Cancer Guidelines Committee. “As diagnostic imaging like MRI and PSMA PET have advanced, enabling urologists to ‘see it before they plan how to treat it’, so too have treatment options expanded. The TULSA Procedure, in particular, allows urologists to take advantage of its unique coverage and precision to deliver precise, anatomy-driven, and patient-tailored ablation that is really ‘pan-prostate’- ranging from whole-gland, to focal, to everything in between. At the same time, TULSA answers the call of patients who are increasingly demanding more targeted approaches that have the potential to minimize side effects, such as erectile disfunction and/or urinary incontinence, while providing similar cancer control as standard mainstream therapies. I am excited to see Profound explore the potential of combining the flexible and customizable ablation advantages of MRI-guided TULSA-PRO with the treatment planning and monitoring power of molecular imaging to further advance targeted therapy.”

“From a product development perspective, we are exploring the integration of PSMA PET imaging into the TULSA-PRO treatment planning software,” said Mathieu Burtnyk, Ph.D., Profound’s President. “We are already seeing urologists use PSMA to complement MRI to better define treatment extent, with appropriate margins extending to the prostate capsule.3 For TULSA, this isn’t about patient selection for focal therapy. It’s about empowering physicians to plan and deliver the best possible intent-to-treat — focal, subtotal or whole-gland — with confidence and precision tailored to every patient.”

Note and Sources

1 TULSA-PRO compatibility with 0.55T MRI's such as the Siemens Free.Max is not commercially available in all markets, including in the United States. Its future availability cannot be ensured.

2 Mazzucchelli R, Scarpelli M, Cheng L, Lopez-Beltran A, Galosi AB, Kirkali Z, Montironi R: Pathology of prostate cancer and focal therapy (‘male lumpectomy’). Anticancer Res 29: 5155-5161, 2009.

3 Anttinen M, Mäkelä P, Nurminen P, Pärssinen H, Malaspina S, Sainio T, Högerman M, Taimen P, Blanco Sequeiros R, Boström P: Salvage Magnetic Resonance Imaging–guided Transurethral Ultrasound Ablation for Localized Radiorecurrent Prostate Cancer. European Urology Open Science 71: 69-77, 2025.

About Profound Medical Corp.

Profound is a commercial-stage medical device company and an innovator in interventional MRI (iMRI) procedures. The company’s flagship platform, TULSA-PRO®, enables MRI-guided, incision-free prostate ablation. Physicians use the TULSA Procedure™ to see, ablate, and confirm therapy in real time, supporting personalized treatment strategies across the continuum of prostate care—from whole-gland to subtotal, hemi, multifocal, and focal treatment. This approach enables individualized care using prostate tissue ablation, while minimizing the potential of the side effects that are typically associated with surgery or radiation, such as urinary incontinence and/or erectile dysfunction.

Profound also commercializes Sonalleve®, an MRI-guided therapy that provides a non-surgical treatment option for pain palliation of bone metastases, desmoid tumors, and osteoid osteoma, as well as for common gynecologic conditions including uterine fibroids and adenomyosis. Sonalleve delivers targeted therapy with no incisions, no blood loss during the procedure, no overnight hospital stay, and faster recovery — and, in gynecologic applications, enables uterine-sparing treatment that may help preserve fertility. Profound is also exploring additional clinical applications for Sonalleve, including non-invasive ablation of abdominal cancers and hyperthermia-based cancer therapies.

Profound Medical’s technologies are approved across major global markets. TULSA-PRO is cleared by the FDA in the United States for transurethral ultrasound ablation (TULSA) of prostate tissue. In addition, TULSA-PRO is cleared for use in various jurisdictions including Europe, Canada, Saudi Arabia, India, Australia/New Zealand, and the UAE. Sonalleve is approved by the FDA as HDE in the United States for the treatment of osteoid osteomas in the extremities. Sonalleve is also cleared or approved in the Europe, Canada, China, and Saudi Arabia.

Through real-time MRI guidance and data-driven innovation, Profound is advancing the future of MRI-guided therapy — expanding access to precise, personalized, and incision-free treatment options worldwide.

Forward-Looking Statements

This release includes forward-looking statements regarding Profound and its business which may include, but is not limited to, the expectations regarding the efficacy of Profound’s technologies for disease conditions requiring MR-Guided ablation procedures for prostate, uterine fibroids, adenomyosis, palliative pain treatment, desmoid tumors, and osteoid osteoma; Profound’s expectations for future revenues/financial results; and the success of Profound’s commercialization strategy and activities for TULSA-PRO® and Sonalleve®. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "contemplates", "anticipates", "believes", "proposes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements are based on the current expectations of the management of Profound. The forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including risks regarding the medical device industry, regulatory approvals, reimbursement, economic factors, the equity markets generally and risks associated with growth and competition. Although Profound has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Other factors and risks that may cause actual results to differ materially from those set out in the forward-looking statements are described in Profound's Annual Report on Form 10-K and other filings made with U.S. and Canadian securities regulators, available at www.sedarplus.com and www.sec.gov. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Profound undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, other than as required by law.

For further information, please contact:

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

Susan Thomas
Public Relations
sthomas@profoundmedical.com
T: 619.540.9195


FAQ

What will Profound Medical (NASDAQ:PROF) present about the TULSA Procedure at AUA2026?

Profound Medical will highlight the TULSA Procedure in four oral presentations at AUA2026. According to Profound, talks will address MRI characteristics, neoadjuvant therapy effects, 12‑month safety and efficacy from a phase 2 trial, and single-center real‑world outcomes in localized prostate cancer.

How is Profound Medical exploring PSMA PET imaging integration with TULSA-PRO (PROF)?

Profound Medical is launching an initiative to explore integrating PSMA PET molecular imaging with the TULSA Procedure. According to Profound, development efforts focus on incorporating PSMA PET into TULSA-PRO treatment planning software to support intent‑to‑treat decisions and ongoing patient monitoring in prostate cancer care.

What is being demonstrated at Profound Medical’s AUA2026 Booth #413 for PROF investors?

Profound Medical will host live demonstrations of TULSA-PRO and display a Siemens MAGNETOM Free.Max MR at AUA2026 Booth #413. According to Profound, this aims to showcase a complete interventional MRI solution for prostate ablation and the potential future of iMRI‑guided prostate cancer treatment.

How could PSMA PET and MRI-guided TULSA-PRO benefit prostate cancer treatment planning for PROF?

Combining PSMA PET with MRI-guided TULSA-PRO is intended to refine ablation planning and monitoring. According to Profound, this approach aims to support focal, subtotal or whole‑gland intent‑to‑treat strategies, potentially enabling more anatomy‑driven, patient‑tailored prostate cancer therapy with precision.