Icecure Medical Ltd (OQ:ICCM)
Business Focus: Advanced Medical Equipment & Technology
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Company News
Apr 15, 2024 08:35 ET
IceCure Medical Reports Final ICE3 Breast Cancer Cryoablation Trial Results of 100% Patient and Physician Satisfaction and 96.3% Recurrence Free Rate: Data Submitted to FDA Requesting Marketing Author
Data presentation at highly influential American Society of Breast Surgeons ("ASBrS") Annual Meeting by Dr. Richard Fine wins Scientific Impact Award as voted by breast surgeons President-Elect of the ASBrS, Dr. Michael Berry, presents data and states "cryoablation is ready for prime time" Company seeks indication for treating women with early stage T1 invasive breast cancer with adjuvant hormone therapy Available reimbursement code for facility expense expected to enhance usage upon receiving marketing authorizationMinimally-invasive ProSense® cryoablation offers highly favorable healthcare
Apr 03, 2024 08:30 ET
IceCure Medical Reports Full Year 2023 Financial Results: Global ProSense® and Disposables Sales Increase 26% as Company Continues Transition to Commercial Phase and Expects to Submit ICE3 Breast Canc
Conference call to be held today at 10:00 am Eastern Time; Focus on U.S. market for ProSense® in breast cancer indication
Valuation Ratios
Industry
Sector
Beta
2.82
--
--
Price to Sales - TTM
18.27
2.66
2.99
Price to Book - most recent quarter
4.85
2.19
2.07
Price to Cash Flow per share - TTM
--
19.55
13.35
Price to Free Cash Flow per share - TTM
--
31.49
23.23
Business Summary
| Sector: Healthcare | Industry: Advanced Medical Equipment & Technology |
Icecure Medical Ltd is an Israel-based company that is engaged in the healthcare sector. The Company operates as commercial stage medical device company focusing on the research, development and marketing of cryoablation systems, disposables and technologies based on liquid nitrogen, or LN2, for treating tumors. Cryoablation technology is a minimally invasive alternative to surgical intervention, for tumors, including those found in breast, lungs, kidneys, bones and other indications. Company's lead product is ProSense system, a single probe system, but in addition the Company developed an additional multi probe system that is expected to have the ability to freeze several tumors simultaneously or larger tumors, named MultiSense system, which has not yet been commercialized.
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