Posts tagged revenue levels
Profound Medical to expand collaboration with Royal Philips’, acquire Sonalleve unit

Profound Medical (OTCQX:PRFMF; TSXV:PRN) has agreed to expand an existing collaboration with Royal Philips (NYSE:PHG; AEX:PHIA) and acquire Philips’ Sonalleve MR-HIFU business, establishing Profound as a market leader in magnetic resonance (MR) ultrasound ablation therapy.

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BTIG starts Fulgent Genetics at buy

BTIG initiated coverage of Fulgent Genetics (NASDAQ:FLGT) with a ‘buy” rating and $15 price target. The stock closed at $8.86 on Friday.

“While the genetic testing market is not without challenges and competition is formidable, we believe Fulgent’s proprietary technology platform drives multiple sustainable competitive advantages, including a broad and flexible test menu and an attractive cost structure,” writes analyst Karen Koski.

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