financetom
Business
financetom
/
Business
/
Profound Medical Receives U.S. FDA Clearance for "Contouring Assistant" AI Module
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Profound Medical Receives U.S. FDA Clearance for "Contouring Assistant" AI Module
May 14, 2024 5:40 AM

08:18 AM EDT, 05/14/2024 (MT Newswires) -- Profound Medical ( PROF ) said on Tuesday that it received 510(k) clearance from the Food and Drug Administration for the company's second TULSA-AI module, Contouring Assistant, for use with its TULSA-PRO system.

Contouring Assistant is a machine learning-based prostate segmentation tool designed to assist in delineating the prostate and target ablation volume. This module uses a large database of successful physician-created TULSA treatment designs and recommends a treatment design. As the TULSA treatment and outcomes database continues to grow via real-world adoption, and as AI technology evolves, the proposed treatment designs are expected to continue to improve, the company said.

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Microsoft-Backed OpenAI Co-Founder Ilya Sutskever Steps Down, Jakub Pachocki Named Chief Scientist
Microsoft-Backed OpenAI Co-Founder Ilya Sutskever Steps Down, Jakub Pachocki Named Chief Scientist
May 15, 2024
07:55 AM EDT, 05/15/2024 (MT Newswires) -- Microsoft ( MSFT ) -backed startup OpenAI co-founder Ilya Sutskever said Wednesday he is leaving the company. I am excited for what comes next - a project that is very personally meaningful to me about which I will share details in due time, Sutskever said in an X post. OpenAI Chief Executive Sam...
Biohaven Insider Bought Shares Worth $512,877, According to a Recent SEC Filing
Biohaven Insider Bought Shares Worth $512,877, According to a Recent SEC Filing
May 15, 2024
07:52 AM EDT, 05/15/2024 (MT Newswires) -- Gregory Bailey, Director, on May 13, 2024, executed a purchase for 15,000 shares in Biohaven ( BHVN ) for $512,877. Following the Form 4 filing with the SEC, Bailey has control over a total of 1,615,071 shares of the company, with 1,615,071 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1935979/000156218024004045/xslF345X03/primarydocument.xml Price: 37.65, Change: +0.41, Percent...
Entrepreneur Frank McCourt to Put Together Investor Group to Buy TikTok
Entrepreneur Frank McCourt to Put Together Investor Group to Buy TikTok
May 15, 2024
07:52 AM EDT, 05/15/2024 (MT Newswires) -- Entrepreneur Frank McCourt said Wednesday that his nonprofit Project Liberty initiative is organizing an investor group to acquire social media platform TikTok in the United States. Project Liberty will work with investment bank Guggenheim Securities, law firm Kirkland & Ellis, as well as technologists, academics, community leaders, parents and engaged citizens, McCourt said....
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
May 15, 2024
May 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 11.45 GMT on Wednesday: ** A consortium led by Malaysia's sovereign wealth fund and pension fund provider announced a conditional offer to take Malaysia Airports Holdings Berhad (MAHB) private, in a deal worth about $3.9 billion. ** Entrepreneur and former Los Angeles Dodgers owner Frank McCourt...
Copyright 2023-2026 - www.financetom.com All Rights Reserved