Welcome to our dedicated page for Pulse Biosciences news (Ticker: PLSE), a resource for investors and traders seeking the latest updates and insights on Pulse Biosciences stock.
Pulse Biosciences develops bioelectric medicine technology based on its proprietary nPulse platform, which uses nanosecond pulsed field ablation energy to deliver nanosecond electrical pulses for non-thermal cell clearing. Company news commonly centers on the nPulse Cardiac Catheter System for atrial fibrillation, clinical study disclosures, feasibility data, and presentations at electrophysiology and healthcare conferences.
Recurring updates also cover the company's work in selected applications such as surgical soft tissue ablation, investor presentations and analyst events, executive leadership changes, operating and financial results, governance matters, and capital-structure disclosures related to its common stock and financing programs.
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Pulse Biosciences, Inc. (Nasdaq: PLSE) reported no revenue in Q4 2022 due to the discontinuation of commercial dermatology activities. For the full year, revenue reached $700,000, primarily from earlier in the year. Q4 GAAP expenses decreased to $8.7 million from $16.3 million YoY, while the net loss shrank to $9.2 million from $15.4 million. Total cash reserves increased to $61.1 million as of December 31, 2022, up from $28.6 million in 2021. The company is focused on developing NS PFA delivery devices for atrial fibrillation treatments, with a pre-submission meeting with the FDA planned for 2Q23.
Pulse Biosciences, Inc. (PLSE) announced it will release its financial results for Q4 and the full year of 2022 on March 30, 2023, after market close. A conference call will follow at 1:30 PM PT / 4:30 PM ET. The company is focused on its proprietary Nanosecond Pulsed Field Ablation (nsPFA) technology for treating atrial fibrillation, aiming to enhance patient outcomes. Investors can join the call by dialing 1-877-704-4453 domestically or 1-201-389-0920 internationally. More details are available on their website.
Pulse Biosciences (NASDAQ: PLSE) announced its nsPFA™ System showcased in a poster presentation at the 28th Annual International AF Symposium in Boston from February 2-4. The technology integrates with CardioNXT’s iMap system, demonstrating effective cardiac ablation and mapping capabilities. The preclinical studies suggest that the nsPFA System may improve patient outcomes by combining advanced technologies for treating atrial fibrillation. CEO Kevin Danahy indicated optimism about early results, emphasizing the potential of the new catheter system.
Pulse Biosciences (PLSE) released its third-quarter financial results for 2022, reporting no revenue and a GAAP net loss of $18.0 million, up from a loss of $14.3 million in Q3 2021. Total expenses rose to $18.0 million, including a $7.2 million inventory reserve for dermatology. Cash reserves improved to $69.2 million, compared to $14.8 million in Q2 2022. The company is focusing on cardiac ablation for atrial fibrillation and anticipates a quarterly cash burn of approximately $8 million starting Q1 2023. A $65 million term loan was secured from the Executive Chairman to support product development.
Pulse Biosciences (Nasdaq: PLSE) will report its third quarter 2022 financial results on November 10, 2022, after market close. A conference call will follow at 1:30pm PT / 4:30pm ET, where management will discuss the results. Investors can join the call by dialing 1-877-704-4453 (domestic) or 1-201-389-0920 (international), and a webcast will be available at investors.pulsebiosciences.com.
Pulse Biosciences (PLSE) has announced positive clinical results for its CellFX® System using Nano-Pulse Stimulation™ (NPS™) technology to treat low-risk basal cell carcinoma (BCC) lesions. An oral presentation at the 2022 American Society for Dermatologic Surgery Annual Meeting in Denver, from October 6-10, highlighted the technology's efficacy and favorable cosmetic outcomes. The study suggests NPS may provide a non-surgical and less scarring alternative to current treatment methods, potentially revolutionizing care for the 3.6 million U.S. patients affected by BCC annually.
Pulse Biosciences (Nasdaq: PLSE) announced that it has received FDA 510(k) clearance for its CellFX System, expanding treatment indications to include sebaceous hyperplasia for Fitzpatrick skin types I-III. This clearance is backed by clinical data from an IDE approved study. Additionally, the company introduced larger treatment tips (7.5mm and 10mm), enhancing the device's application for larger benign lesions. CEO Kevin Danahy expressed confidence in the system's effectiveness and potential market adoption.