financetom
Business
financetom
/
Business
/
Profound Medical Seals Deal With Saudi Company to Distribute Tulsa-Pro
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Profound Medical Seals Deal With Saudi Company to Distribute Tulsa-Pro
Nov 11, 2025 1:55 PM

04:41 PM EST, 11/11/2025 (MT Newswires) -- Profound Medical ( PROF ) was last seen up 2% in after-hours Nasdaq trade after the company on Tuesday said it sealed a deal with a Saudi Arabian company to distribute Tulsa-Pro and Sonnaleve.

Tulsa-Pro, which is designed specifically for the treatment of prostate disease, allows physicians to remove diseased tissue without any incisions and in out-patient settings.

Sonalleve, which is offered primarily as a one-time capital sale, is gaining increasing commercial interest, particularly outside of the U.S. Sonalleve uses the same imaging and technology as Tulsa-Pro, and combines that with targeted ultrasound to treat disease, a statement said. There are currently 10 Sonalleve devices operational in parts of Europe, China and Southeast Asia.

U.S. commercialization of Tulsa-Pro, remains the top priority for Profound's direct sales team. The company said Mondayit regained exclusive distribution rights for TulsaA-Proin Canada from Knight Therapeutics (GUD.TO).

Profound shares were last seen up US$0.13 to US$6.50 after hours. They closed up $0.68, or 8%, to $0.95 on the Toronto Stock Exchange.

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 >
Hilton Employees in Honolulu Reach Tentative Contract Agreement
Hilton Employees in Honolulu Reach Tentative Contract Agreement
Nov 4, 2024
03:31 PM EST, 11/04/2024 (MT Newswires) -- Hilton Worldwide Holdings ( HLT ) has reached a tentative contract agreement with nearly 2,000 unionized workers at the company's Hawaiian Village resort in Honolulu, who were slated to vote later Monday on the potential deal, according to the Unite Here union representing the striking employees. Details of the contract proposal announced late...
Market Chatter: Deutsche Bank-Led Group Shoulders Part of $875 Million Loan for FitCrunch Buyout
Market Chatter: Deutsche Bank-Led Group Shoulders Part of $875 Million Loan for FitCrunch Buyout
Nov 4, 2024
03:26 PM EST, 11/04/2024 (MT Newswires) -- A group of lenders led by Deutsche Bank ( DB ) funded a portion of a $875 million term loan they agreed to provide for the acquisition of protein bar brand FitCrunch by 1440 Foods, Bloomberg reported Monday. The lenders were forced to do so, having been unable to sell the debt to...
Sector Update: Consumer
Sector Update: Consumer
Nov 4, 2024
03:29 PM EST, 11/04/2024 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%. In corporate news, Air Transport Services Group ( ATSG ) shares surged 26% after the company agreed to be acquired and taken private by...
Update: Uber Seeks to Cut New York City Drivers' Base Pay Rate
Update: Uber Seeks to Cut New York City Drivers' Base Pay Rate
Nov 4, 2024
03:23 PM EST, 11/04/2024 (MT Newswires) -- (Updates with details throughout.) Uber Technologies ( UBER ) has proposed a 6.1% reduction in how much it pays drivers in New York City to make rides more affordable in light of falling gasoline prices, according to a petition shared with MT Newswires Monday. The ride-hailing company made the proposal in a letter...
Copyright 2023-2026 - www.financetom.com All Rights Reserved