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EDAP EDAP TMS SA

5.099
0.114 (2.29%)
Last Updated: 15:17:48
Delayed by 15 minutes
Share Name Share Symbol Market Type
EDAP TMS SA NASDAQ:EDAP NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.114 2.29% 5.099 5.01 5.20 5.18 5.00 5.108 415 15:17:48

EDAP Installs Ablatherm Robotic® HIFU at Leading Academic Medical Center

12/09/2016 1:30pm

GlobeNewswire Inc.


EDAP TMS (NASDAQ:EDAP)
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EDAP TMS SA (Nasdaq:EDAP), the global leader in therapeutic ultrasound, today announced the signature of a contract for the installation of Ablatherm Robotic HIFU at the renowned Duke University Hospital located in Durham, North Carolina.

Marc Oczachowski, EDAP TMS Chief Executive Officer, said: “The signature of this contract with the prestigious Duke University Hospital is a big accomplishment and great news for EDAP. Dr Cary Robertson and Duke University Hospital were involved with EDAP as a primary investigator site for our PMA. We are extremely pleased and proud to count them among our Ablatherm Robotic HIFU users and use our state of the art HIFU technology on a routine basis. Also this is another milestone in the growing adoption of our HIFU device among leading physicians in the urology space.”

Duke University Hospital in Durham, North Carolina, is consistently recognized by leading publications such U.S. News & World Report and TIME as one of the world’s leading healthcare institutions.

About EDAP TMS SAEDAP TMS SA markets today Ablatherm® for high-intensity focused ultrasound (HIFU) for prostate tissue ablation in the U.S. and for treatment of localized prostate cancer in the rest of the world. HIFU treatment is shown to be a minimally invasive and effective option for prostatic tissue ablation with a low occurrence of side effects. Ablatherm-HIFU is generally recommended for patients with localized prostate cancer (stages T1-T2) who are not candidates for surgery or who prefer an alternative option, or for patients who failed radiotherapy treatment. Ablatherm-HIFU is approved for commercial distribution in Europe and some other countries including Mexico and Canada, and has received 510(k) clearance by the U.S. FDA. The Company also markets an innovative robot-assisted HIFU device, the Focal One®, dedicated to focal therapy of prostate cancer. Focal One® is CE marked but is not FDA approved. The Company also develops its HIFU technology for the potential treatment of certain other types of tumors. EDAP TMS SA also produces and distributes medical equipment (the Sonolith® lithotripters’ range) for the treatment of urinary tract stones using extra-corporeal shockwave lithotripsy (ESWL) in most countries including Canada and the U.S. For more information on the Company, please visit http://www.edap-tms.com, and http://www.hifu-planet.com.

Forward-Looking StatementsIn addition to historical information, this press release may contain forward-looking statements. Such statements are based on management’s current expectations and are subject to a number of risks and uncertainties, including matters not yet known to us or not currently considered material by us, and there can be no assurance that anticipated events will occur or that the objectives set out will actually be achieved. Important factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements include, among others, the clinical status and market acceptance of our HIFU devices and the continued market potential for our lithotripsy device. Factors that may cause such a difference also may include, but are not limited to, those described in the Company’s filings with the Securities and Exchange Commission and in particular, in the sections “Cautionary Statement on Forward-Looking Information” and “Risk Factors” in the Company’s Annual Report on Form 20-F.

Contact: 
Blandine Confort
Investor Relations / Legal Affairs
EDAP TMS SA
+33 4 72 15 31 72
bconfort@edap-tms.com

Investors:
Lee Roth 
The Ruth Group
646-536-7012
lroth@theruthgroup.com

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