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About Profound Medical

Profound Medical (TSX:PRN), (NASDAQ:PROF) focuses on developing and commercializing medical technologies primarily for the treatment of diseases through minimally invasive procedures. The company's operations span across the design, research, and the deployment of devices aimed at the therapeutic treatment of serious medical conditions, enhancing patient outcomes with a focus on prostate diseases. The company's projects aim at pushing the frontier of medical treatments, ensuring safer, more effective procedures are available. Profound Medical's objectives center around improving patient care, expanding its technological footprint, and ensuring its innovations are accessible and adopted in healthcare systems worldwide, driving a profound impact on medical practices and patient lives.

What is PROF known for?

Snapshot

Public US
Ownership
2008
Year founded
148
Employees
Mississauga, Canada
Head office
1 of 2
US Rank
Unknown
Sector
N/A
Sector rank
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Operations

All Locations
Mississauga, CA

Products and/or services of Profound Medical

  • TULSA-PRO, a minimally invasive procedure for prostate tissue ablation combining real-time MRI, robotically-driven ultrasound, and closed-loop thermal feedback control.
  • SONALLEVE, an innovative therapeutic platform using MR-guided focused ultrasound (MRgFUS) for the treatment of uterine fibroids and palliation of pain associated with bone metastases.
  • A real-time MRI guidance and ultrasound ablation technology designed for precise, controlled treatments of conditions requiring tissue ablation.
  • Development and commercialization of customizable MR-guided therapeutic ultrasound applications for a wide range of diseases beyond prostate and uterine conditions.
  • Partnerships for advancing its MR-guided therapeutic ultrasound technology in clinical studies for new applications.
  • Continuous innovation in medical software for planning, guiding, and monitoring therapeutic interventions to enhance efficacy and safety of treatments.

Profound Medical executive team

  • Dr. Arun Swarup Menawat MBA, Ph.D.Chairman of the Board & CEO
  • Dr. Mathieu Burtnyk Ph.D.President
  • Mr. Rashed DewanChief Financial Officer
  • Mr. Thomas Tamberrino MBAChief Commercial Officer
  • Mr. Stephen KilmerInvestor Relations
  • Mr. Matthew Sobczyk C.A., CPAAssistant Corporate Controller
  • Mr. Levant TinazSoftware Developer

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