EDAP TMS announces first patient treated in phase I/II PULS Trial for pancreatic tumors using HIFU technology.
Quiver AI Summary
EDAP TMS SA announced the successful treatment of the first patient in its phase I/II PULS Trial, which is investigating the use of High Intensity Focused Ultrasound (HIFU) technology for pancreatic tumors. Sponsored by the Centre Léon Bérard in Lyon, France, the trial aims to evaluate the safety and preliminary efficacy of HIFU in patients with locally advanced pancreatic cancer, a condition known for its low survival rates and treatment challenges. The procedure was completed without complications, marking a significant step in the development of alternative therapies for pancreatic cancer, where conventional treatments are limited. EDAP's CEO expressed pride in this achievement, highlighting the collaboration between their teams that underscores their commitment to innovative cancer therapies.
Potential Positives
- The initiation of the PULS Trial represents a significant milestone in the development of new treatments for pancreatic cancer, addressing a critical area of unmet medical need.
- This achievement demonstrates EDAP's ongoing technical and clinical leadership in focused ultrasound therapy, enhancing its reputation in the medical field.
- The successful treatment of the first patient without complications reinforces the safety and feasibility of the proprietary HIFU technology being evaluated.
- The collaboration with the Centre Léon Bérard and other strategic partners emphasizes EDAP's strong partnerships in advancing innovative cancer therapies.
Potential Negatives
- The press release highlights a significant and ongoing need for new treatments for pancreatic cancer, indicating that existing options are severely limited and suggesting potential challenges in market acceptance for the company's HIFU technology.
- The context provided in the press release emphasizes the low survival rate of pancreatic cancer, which could reflect negatively on the urgency and effectiveness of EDAP's current offerings and the overall outlook of the clinical trial.
- Forward-looking statements indicate uncertainty regarding the clinical status and market acceptance of the HIFU devices, suggesting potential risks in realizing the expected outcomes from the trial.
FAQ
What is the PULS Trial about?
The PULS Trial is a phase I/II study evaluating HIFU technology for treating locally advanced pancreatic tumors.
Who sponsors the PULS Trial?
The PULS Trial is sponsored by the Centre Léon Bérard in Lyon, France.
What technology is being tested in the PULS Trial?
The trial evaluates High Intensity Focused Ultrasound (HIFU) technology for pancreatic cancer treatment.
What are the survival rates for pancreatic cancer?
The five-year survival rate for pancreatic cancer is 11.5%, making it one of the deadliest cancers.
Who is the Principal Investigator of the PULS Trial?
Professor Aurélien Dupré, MD, PhD, is the Principal Investigator at the Centre Léon Bérard.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EDAP Hedge Fund Activity
We have seen 13 institutional investors add shares of $EDAP stock to their portfolio, and 14 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FEDERATED HERMES, INC. removed 520,689 shares (-64.4%) from their portfolio in Q3 2024
- PARKMAN HEALTHCARE PARTNERS LLC added 154,832 shares (+inf%) to their portfolio in Q3 2024
- ROCK SPRINGS CAPITAL MANAGEMENT LP added 93,000 shares (+6.3%) to their portfolio in Q3 2024
- SCHONFELD STRATEGIC ADVISORS LLC added 90,000 shares (+491.8%) to their portfolio in Q3 2024
- MANATUCK HILL PARTNERS, LLC removed 87,729 shares (-100.0%) from their portfolio in Q3 2024
- ARCHON CAPITAL MANAGEMENT LLC removed 74,283 shares (-6.5%) from their portfolio in Q3 2024
- SUMMIT TRAIL ADVISORS, LLC added 60,000 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
AUSTIN, Texas, January 8, 2025 - EDAP TMS SA (Nasdaq: EDAP), the global leader in robotic energy-based therapies, today announced that the first patient has been treated in a phase I/II PULS Trial sponsored by the Centre Léon Bérard, Lyon, France, evaluating proprietary High Intensity Focused Ultrasound (HIFU) technology for the treatment of pancreatic tumors.
“The initiation of the PULS Trial represents a major milestone in efforts to develop a new and innovative approach for treating this devastating disease with such poor prognosis,” said Professor Aurélien Dupré, MD, PhD, Surgical Oncologist, Centre Léon Bérard, and Principal Investigator of the PULS Trial. “For patients diagnosed with locally advanced pancreatic cancer, the standard treatment is chemotherapy with or without radiotherapy. The low proportion of patients who can benefit from surgery and the scarcity of alternative therapies make the development of new treatments vital and urgent. HIFU has the potential to provide a solution for these patients. This first procedure was performed and completed as planned and the patient was discharged and sent home without complications.”
“We are proud to share this noteworthy achievement as part of our on-going commitment to innovation and improving the lives of patients across a diverse spectrum of disease states,” said Ryan Rhodes, Chief Executive Officer of EDAP. “This first treatment milestone is the result of a strong collaboration between our product and clinical development teams as well as our strategic research and clinical partnerships. This demonstrates our on-going technical and clinical leadership in applying focused ultrasound therapy in areas of significant unmet need.”
The PULS Trial is a phase I/II, multicenter study for patients with locally advanced and unresectable pancreatic tumors. The Phase I aims at evaluating the tolerance of intraoperative High Intensity Focused Ultrasound (HIFU) intervention on the pancreatic lesion. The phase II aims at evaluating the preliminary efficacy of the HIFU intervention.
The five-year survival rate across all stages of pancreatic cancer is 11.5% based on data from 2012-2018. The National Cancer Institute’s projected new cases in the U.S. for 2022 is 62,210 and its projected number of annual deaths is 49,830. Pancreatic cancer still has the lowest rate of early detection and remains the most difficult cancer to treat versus all other major types of cancer. Despite the 5.5% improvement of relative 5-year survival rate compared to a decade ago, pancreatic cancer has become the third leading cause of cancer deaths trailing only lung and colorectal cancers. 1
1 Source: https://seenamagowitzfoundation.org/pancreatic-cancer-statistics/
About EDAP TMS SA
A recognized leader in the robotic energy-based therapies, EDAP TMS develops, manufactures, promotes and distributes worldwide minimally invasive medical devices for various conditions using ultrasound technology. By combining the latest technologies in imaging, robotics and precise non-invasive energy delivery, EDAP TMS introduced the Focal One
®
in Europe and in the U.S. as the leading prostate focal therapy controlled by urologists with the potential to expand to multiple indications beyond prostate cancer. For more information on the Company, please visit
www.focalone.com
.
HIFU technology addressing pancreatic tumors has been developed in cooperation with LabTAU ( Laboratory of Therapeutic Applications of Ultrasound ) a joint research unit under the academic authorities of Claude Bernard University Lyon 1, INSERM and Centre Léon Bérard.
About the Centre Léon Bérard
The Centre Léon Bérard is a member of the Unicancer network, which brings together 18 French cancer centers and one affiliated facility. It is recognized as a regional, national and international reference center for oncology. Based in Lyon, France's 2nd largest city, the CLB's mission is threefold: care, research and teaching, with the constant aim of improving the quality and accessibility of care for cancer patients. This care comprises patient diagnosis, treatment, care, rehabilitation, screening and prevention, as well as innovation (with teams dedicated to basic, translational and clinical research) and education. The DRCI (Clinical Research and Innovation Department) manages over 200 active clinical trials per year including ~25 trials sponsored by CLB. Actually, the CLB is the 3rd French Cancer Centre in terms of patient recruitment into clinical trials, and 2nd in terms of percentage of active patients included in clinical trials (20%). More than 2 000 patients are enrolled each year in clinical trials. It offers a single site for all diagnostic examinations, treatments and follow-up care during and after the disease. It welcomes over 42,000 patients each year for hospitalization, consultation or examination, and 6,000 new tumors are diagnosed. The Center employs over 2,200 people, including 280 doctors, 600 researchers and 800 caregivers. For more information on the Centre Léon Bérard, please visit:
https://www.centreleonberard.fr/en
.
Forward-Looking Statements
In addition to historical information, this press release contains forward-looking statements within the meaning of applicable federal securities laws, including Section 27A of the U.S. Securities Act of 1933 (the “Securities Act”) or Section 21E of the U.S. Securities Exchange Act of 1934, which may be identified by words such as “believe,” “can,” “contemplate,” “could,” “plan,” “intend,” “is designed to,” “may,” “might,” “potential,” “objective,” “target,” “project,” “predict,” “forecast,” “ambition,” “guideline,” “should,” “will,” “estimate,” “expect” and “anticipate,” or the negative of these and similar expressions, which reflect our views about future events and financial performance. 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 and distribution divisions, as well as risks associated with the current worldwide inflationary environment, the uncertain worldwide economic, political and financial environment, geopolitical instability, climate change and pandemics like the COVID 19 pandemic, or other public health crises, and their related impact on our business operations, including their impacts across our businesses or demand for our devices and services.
Other factors that may cause such a difference may also 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.
Forward-looking statements speak only as of the date they are made. Other than required by law, we do not undertake any obligation to update them in light of new information or future developments. These forward-looking statements are based upon information, assumptions and estimates available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete.
Company Contact
Blandine Confort
Investor Relations / Legal Affairs
EDAP TMS SA
+33 4 72 15 31 50
[email protected]
Investor Contact
John Fraunces
LifeSci Advisors, LLC
(917) 355-2395
[email protected]