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Profound Medical (PROF) Adds AI to Prostate Cancer Treatment
ProfoundProfound(US:PROF) zacks.comยท2024-05-16 14:21

Core Insights - Profound Medical has received FDA clearance for its Contouring Assistant AI module, which enhances automated treatment planning for prostate cancer using the TULSA-PRO system, indicating significant advancements in prostate cancer treatment through AI integration [1][6] - The TULSA procedure offers a minimally invasive treatment option for prostate cancer, utilizing real-time MR guidance and precise sound absorption technology to target diseased tissue while preserving urinary continence and sexual function [2][6] - The Contouring Assistant employs a deep learning convolutional neural network for precise prostate segmentation, improving treatment plan accuracy and efficiency, as demonstrated in clinical studies [4][5] Price Performance - Profound Medical's shares have increased by 0.6% year to date, contrasting with a 7% decline in the industry and a 10.3% rise in the S&P 500 Index [3] AI Technology for Prostate Segmentation - The Contouring Assistant has shown non-inferiority in segmentation accuracy compared to expert radiologists, with urologists reporting a 32% improvement in contouring speed, suggesting significant time savings in clinical practice [5][6] Future Developments - Profound Medical is expanding its AI portfolio beyond the Contouring Assistant, with plans for additional modules under the TULSA-AI brand, including a forthcoming TULSA BPH module aimed at benign prostatic hyperplasia [8] - A non-exclusive collaboration with Siemens Healthineers was announced to integrate the TULSA-PRO system with the Siemens Magnetom Free.Max scanner, providing a comprehensive therapeutic solution for prostate cancer [9]