Northwire Canada EditionTuesday, July 21, 2026
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ELD 38.99 −0.4% WRN 3.01 +1.4% ELBM 0.720 +1.4% GAMA 0.080 +0.0% GRDM 0.095 +5.6% URC 3.89 −1.0% HMMC 5.62 +0.0% KNOX 0.270 +0.0% TRO 0.135 −3.6% PX 0.115 −8.0% SDR 0.145 +45.0% SWA 0.035 +0.0% FNV 281.28 −0.0% GGA 4.42 −25.7% NICU 2.23 +0.5% KAPA 0.155 +3.3% ELD 38.99 −0.4% WRN 3.01 +1.4% ELBM 0.720 +1.4% GAMA 0.080 +0.0% GRDM 0.095 +5.6% URC 3.89 −1.0% HMMC 5.62 +0.0% KNOX 0.270 +0.0% TRO 0.135 −3.6% PX 0.115 −8.0% SDR 0.145 +45.0% SWA 0.035 +0.0% FNV 281.28 −0.0% GGA 4.42 −25.7% NICU 2.23 +0.5% KAPA 0.155 +3.3%
M&A / Property

Profound Medical talks Tulsa use by Texas Prostate

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Executive Summary

  • Texas Prostate and Dallas Medical Center have launched a new program to perform Profound Medical Corp.'s Tulsa procedures for prostate cancer and benign prostatic hyperplasia (BPH) without surgery.
  • The collaboration expands access to the Tulsa procedure, which recently received Medicare coverage in January 2025, allowing treatment in hospital outpatient, ambulatory surgical center, and private office settings.
  • The Tulsa-Pro system is an AI-powered, MRI-guided robotic system that ablates targeted prostate tissue with precision, offering a non-invasive alternative to traditional surgery with no procedural blood loss and same-day discharge.

Key Details

  • Partnership Structure: Texas Prostate will perform Tulsa procedures exclusively at Dallas Medical Center's state-of-the-art MRI suite.
  • Target Conditions: The program treats men with prostate cancer and benign prostatic hyperplasia (BPH).
  • Regulatory Context: Medicare coverage for the Tulsa procedure was granted in January 2025, broadening access to hospital outpatient, ambulatory surgical center, and private office/non-facility settings.
  • Technology Specifications:
    • The Tulsa-Pro system is the only artificial-intelligence-powered, MRI-guided robotic system for prostate treatment.
    • It uses robotically guided, directional ultrasound to precisely ablate targeted prostate tissue without harming surrounding structures.
    • The procedure involves real-time MR guidance, AI-enhanced planning, and closed-loop temperature feedback control.
    • Tissue is heated to 55 to 57 C to kill targeted prostate tissue.
  • Clinical Benefits:
    • Incision-free and radiation-free.
    • No procedural blood loss.
    • Significantly lower risk of complications compared to surgery.
    • No hospital stay required; patients return home the same day.
    • Preserves urinary continence and sexual function.
    • Quick recovery to normal routines.
  • Regulatory Approvals: Tulsa-Pro is CE marked, Health Canada approved, and 510(k) cleared by the U.S. FDA.
  • Additional Product Info: Profound Medical is also commercializing Sonalleve, a platform for uterine fibroids and bone metastases pain treatment, with approvals in China and FDA humanitarian device exemption for osteoid osteoma.

Notable Quotes

  • Dr. James Cochran, Founder, Texas Prostate: "The Tulsa procedure is integral to our practice because it offers many men effective prostate treatment without the life-altering side effects of surgery -- such as incontinence or erectile dysfunction... Working with Dallas Medical Center allows us to do just that."
  • Ruben Garza, CEO, Dallas Medical Center: "At Dallas Medical Center, we're committed to bringing advanced, compassionate care to our patients... patients can be treated with the Tulsa-Pro system in our state-of-the-art MRI suite and then return home the same day, with no procedural blood loss and a significantly lower risk of complications."
  • Arun Menawat, CEO, Profound Medical Corp.: "The versatility of Tulsa enables the treatment of a wide variety of prostate disease... we are thrilled to see that this new program will provide access to a wider population of patients. Importantly, it also provides a model for private-pay urology practices and Medicare accepting hospitals nationwide seeking to expand access to the Tulsa procedure."
Read the original news release →

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