Northwire Canada EditionSunday, October 18, 2026
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M&A / Property

Profound Medical Inks Exclusive Distribution Agreement for TULSA-PRO(TM) and Sonalleve(TM) with Al Faisaliah Medical Systems in Saudi Arabia

PRN · Price

Executive Summary

  • Profound Medical entered an exclusive distribution and supply agreement with Al Faisaliah Medical Systems (FMS) to sell its TULSA‑PRO® and Sonalleve® technologies in Saudi Arabia.
  • The partnership gives Profound access to the largest healthcare market in the Middle East, aligning with Vision 2030 economic diversification goals.
  • Both technologies are already approved for import/sale in Saudi Arabia; Profound’s installed base includes 67 TULSA‑PRO systems (4,000+ procedures) and ten Sonalleve devices operating globally.

Key Details

  • Agreement Scope: Exclusive rights for FMS to distribute and supply Profound’s MRI‑guided, AI‑powered, incision‑free ablation platforms (TULSA‑PRO® for prostate disease; Sonalleve® for uterine fibroids, adenomyosis, pain palliation, etc.) throughout Saudi Arabia.
  • Regulatory Status: All required Saudi regulatory approvals are already in place for both technologies.
  • Commercial Footprint:
  • TULSA‑PRO: >4,000 men treated; 67 systems installed worldwide as of Oct 2025.
  • Sonalleve: 10 devices operating in Europe, China, Southeast Asia; >4,000 women treated for uterine conditions; ongoing research trials for pancreatic and other cancers.
  • Reimbursement Milestone: U.S. CMS final rule effective Jan 1 2025 established outpatient CPT codes and Level 7 APC reimbursement for TULSA procedures.
  • Strategic Rationale (CEO Quote): “We’re honored to partner with FMS… their deep understanding of regional market dynamics makes them the ideal partner.” – Arun Menawat, CEO & Chairman, Profound Medical.
  • Partner Statement: FMS GM Abdullah Al Melik highlighted alignment with Saudi Vision 2030 and commitment to delivering advanced oncological and medical technologies.
  • Market Opportunity: Saudi Arabia represents a high‑growth healthcare market; the agreement positions Profound to capture demand for non‑invasive, radiation‑free ablation therapies.

Notable Quotes

  • “Successfully marketing and distributing our incision‑free therapies requires a deep understanding of regional market dynamics… we’re confident that FMS is the ideal partner for us.” – Arun Menawat, CEO & Chairman, Profound Medical Corp.
  • “We look forward to bringing its unique, incision- and radiation-free ablative technologies to Saudi hospitals and treatment centers…” – Abdullah Al Melik, GM, Al Faisaliah Medical Systems Co.
Read the original news release →

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