• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Advertise
  • Subscribe

MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

  • Latest News
  • Technologies
    • Artificial Intelligence (AI)
    • Cardiovascular
    • Orthopedics
    • Neurological
    • Diabetes
    • Surgical Robotics
  • Business & Finance
    • Wall Street Beat
    • Earnings Reports
    • Funding Roundup
    • Mergers & Acquisitions
    • Initial Public Offering (IPO)
    • Legal News
    • Personnel Moves
    • Medtech 100 Stock Index
  • Regulatory & Compliance
    • Food & Drug Administration (FDA)
    • Recalls
    • 510(k)
    • Pre-Market Approval (PMA)
    • MDSAP
    • Clinical Trials
  • Special Content
    • Special Reports
    • In-Depth Coverage
    • DeviceTalks
  • Podcasts
    • MassDevice Fast Five
    • DeviceTalks Weekly
    • OEM Talks
      • AbbottTalks
      • Boston ScientificTalks
      • DeviceTalks AI
      • IntuitiveTalks
      • MedtechWOMEN Talks
      • MedtronicTalks
      • Neuro Innovation Talks
      • Ortho Innovation Talks
      • Structural Heart Talks
      • StrykerTalks
  • Resources
    • About MassDevice
    • DeviceTalks
    • Newsletter Signup
    • Leadership in Medtech
    • Manufacturers & Suppliers Search
    • MedTech100 Index
    • Videos
    • Webinars
    • Whitepapers
    • Voices
Home » BSD Medical rebrands as Perseon, wins expanded FDA nod for MicroThermX

BSD Medical rebrands as Perseon, wins expanded FDA nod for MicroThermX

April 8, 2015 By Brad Perriello

BSD Medical rebrands as Perseon, wins expanded FDA nod for MicroThermX

BSD Medical, which earlier this year rebranded as Perseon Corp. (NSDQ:PRSN) in a bid to focus on its core microwave ablation business, said today that it won an expanded 510(k) clearance from the FDA for its MicroThermX device.

The new indication for the soft tissue ablation system covers laparoscopic ablation procedures using image guidance, Salt Lake City-based Perseon said. PRSN shares jumped 15.2% today to 38¢ apiece on the news.

"This new indication increases the type of cases that our technology will be used for and the opportunity to expand the use of MicroThermX in surgical oncology," said Clint Carnell, CEO of Perseon. "This moves us closer to achieving our clinical initiatives to benefit patients, physicians, and the healthcare system worldwide."

In January, BSD announced plans to shed its hyperthermia business this spring, to focus on MicroThermX. A month later the company unveiled its new corporate identity. The hyperthermia cancer treatment assets were sold April 1 to Pyrexar Medical for a 19.9% stake in that company and a royalty-sharing agreement, Perseon said.

The deal calls for Pyrexar to pay Perseon 15% of gross revenues on the 1st 9 hyperthermia units sold within 42 months in Taiwan and/or Korea, then 5% of any sales after that in those countries and 5% of any sales elsewhere, according to a regulatory filing.

Filed Under: News Well, Wall Street Beat Tagged With: Ablation, Perseon

More recent news

  • Breaking: Sequel to launch twiist automated insulin delivery system next month
  • Dexcom shares U.S. report on CGM benefits for type 2 diabetes
  • Data backs Medtronic MiniMed 780G for type 2, children as company seeks expanded indications
  • Endogenex data supports type 2 diabetes procedure
  • Ambu wins FDA clearance for first single-use cysto-nephroscope

Primary Sidebar

“md
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest med device regulatory, business and technology news.

DeviceTalks Weekly

See More >

MEDTECH 100 Stock INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
MDO ad

Footer

MASSDEVICE MEDICAL NETWORK

DeviceTalks
Drug Delivery Business News
Medical Design & Outsourcing
Medical Tubing + Extrusion
Drug Discovery & Development
Pharmaceutical Processing World
MedTech 100 Index
R&D World
Medical Design Sourcing

DeviceTalks Webinars, Podcasts, & Discussions

Attend our Monthly Webinars
Listen to our Weekly Podcasts
Join our DeviceTalks Tuesdays Discussion

MASSDEVICE

Subscribe to MassDevice E-Newsletter
Advertise with us
About
Contact us

Copyright © 2025 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Privacy Policy