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Profound completes $6M deal to buy Philips' Sonalleve MR-HIFU business

Profound Medical closed its purchase of Royal Philips' Sonalleve MR-HIFU business, valued at $6 million. Philips will maintain its distribution of Profound's prostate-tissue ablation platform, Tulsa-Pro, and will deliver manufacturing, installation and other services to Profound for a limited period under the companies' expanded non-exclusive strategic sales relationship.

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