Press Releases September 3, 2026 08:15 AM

Profound Medical to Participate in Lake Street’s 10th Annual Best Ideas Growth Conference

Profound Medical to present at Lake Street Capital Markets' BIG10 Conference highlighting innovative MRI-guided therapies

By Marcus Reed
Share
Twitter Reddit Facebook LinkedIn
PROF

Profound Medical Corp., a commercial-stage medical device company specializing in interventional MRI procedures, announced its participation in the Lake Street Capital Markets BIG10 Conference. They focus on innovative therapies such as the TULSA-PRO system for prostate ablation and the Sonalleve system for non-surgical treatments of various conditions, with FDA approvals and international clearances supporting global market presence.

Profound Medical to Participate in Lake Street’s 10th Annual Best Ideas Growth Conference
PROF
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Profound Medical will engage in one-on-one investor meetings at the upcoming BIG10 Growth Conference.
  • Their flagship product, TULSA-PRO, offers MRI-guided, incision-free prostate ablation with minimized side effects.
  • Sonalleve provides non-surgical, MRI-guided treatment options for bone metastases and gynecologic conditions, expanding indications and markets globally.

TORONTO, Sept. 03, 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, announced today that management will participate in the Lake Street Capital Markets “BIG10” Conference on September 10, 2026 in New York City.

The event will consist of one-on-one investor meetings. Due to the format of the event, no webcast will be available.

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.

For further information, please contact:

Stephen Kilmer
Investor Relations
[email protected]  
T: 647.872.4849


Risks

  • Dependence on continued regulatory approvals and clearances across multiple jurisdictions affects market access and growth potential.
  • Potential competitive pressures in the medical device sector focusing on MRI-guided therapies might impact market share.
  • The company’s commercial success depends on adoption by physicians and healthcare providers, which may be affected by reimbursement policies and clinical acceptance.

More from Press Releases

Longeveron to Present at the H.C. Wainwright 28th Annual Global Investment Conference Sep 3, 2026 Tyson Foods Updated Fiscal 2026 Outlook on Company’s Investor Relations Website Sep 3, 2026 Philips advances women’s health ultrasound with new single-transducer solution Sep 3, 2026 Cyabra Stockholders Approve Conversion and Exchange of All Outstanding Preferred Stock Sep 3, 2026 Volaris Reports August 2026 Traffic Results: Load Factor of 84% Sep 3, 2026