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ProUroCare Medical Inc. (PUMD) news stock charts

ProUroCare Medical Inc. (PUMD/PUMD.OB) Investment Summary:

ProUroCare Medical, Inc. is developing diagnostic equipment and treatments for enlarged prostates and other male urological conditions. It develops ProUroScan system, a mechanical imaging system that enables physicians to identify and characterize the existence of abnormal prostate tissue, and monitor changes in prostate tissue over time. This system produces a digital image of the prostate showing the size and symmetry of the prostate, as well as the location of soft-tissue abnormalities within the prostate. ProUroCare Medical has an agreement with Urologix, Inc. to co-develop products utilizing its electrical impedance tomography technology. The company was founded in 1999 and is based in ...
www.prourocare.com
2 Employees
Founded in 1999

PROUROCARE MEDICAL INC (PUMD:OTC Bulletin Board Market)

LAST $2.59 USD
CHANGE TODAY -0.01 -0.38%
VOLUME 1.2K
As of 8:10 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of PROUROCARE MEDICAL INC (PUMD)

OPEN
$2.59
PREVIOUS CLOSE
$2.60
DAY HIGH
$2.59
DAY LOW
$2.59
52 WEEK HIGH
11/23/09 - $4.00
52 WEEK LOW
05/1/09 - $0.50
MARKET CAP
29.0M
AVERAGE VOLUME 10 D
2.9K
EPS TTM
$-1.52
SHARES OUTSTANDING
11.2M
PUMD Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for PROUROCARE MEDICAL INC (PUMD)

ProUroCare Medical Inc. Announces Board Changes

ProUroCare Medical Inc. announced the election of Michael Chambers, JD, Ph.D. and James L. Davis to its Board of Directors effective immediately. Michael Chambers is an experienced attorney, angel investor and entrepreneur. Dr. Chambers currently serves as President and CEO of Swift Biotechnology, a company he recently co-founded. Prior to Swift, he helped found InnoRx Pharmaceuticals in 1999, a privately held company that specialized in the development of drugs and drug delivery systems for ocular disease. Mr. Davis is an active investor in ProUroCare and other entrepreneurial companies throughout the U.S. He has considerable experience developing and implementing business and financing strategies for early stage growth companies. He also has previous board experience and has participated in compensation reviews and policy development. Mr. Davis is President of Davis & Associates Inc., a company he founded more than 30 years ago that represents the leading edge lighting and controls manufacturers throughout the upper Midwest.

ProUroCare Medical Inc. Enters Settlement Agreement with RPI Concerning Litigation

On December 7, 2009 ProUroCare Medical Inc. entered into a settlement agreement with RPI concerning litigation originally filed by RPI against the company on July 15, 2009. In the complaint, RPI alleged that the company has breached obligations to pay RPI an aggregate of $202,716 under the terms of a license agreement dated July 13, 2001 between RPI and the company and a sponsored research agreement dated as of December 9, 2005 between RPI and the company. In the settlement agreement, the company agreed to pay to RPI a total of $117,000 in installments as follows: $10,000 upon signing, $6,000 per month from December 2009 through October 2010, and $41,000 in November 2010. The company executed an affidavit for judgment by confession to secure the payments. The company has 20 days to cure any failure to make the required payments.

ProUrocare Medical Inc. Files Application for Food & Drug Administration Clearance

ProUroCare Medical Inc. announced that a 510(k) application for U.S. market clearance of a prostate mechanical imaging system has been filed with the Food & Drug Administration (FDA). The labeling claim for the device is that it can be used as an aid to visualize and document abnormalities of the prostate detected and/or monitored by digital rectal examination (DRE). Under the 510(k) review process, the FDA has 90 days to review the application, although final approval may take longer. The system incorporates the companys unique and patented tactile elasticity imaging technology that creates a map of the prostate and an electronic record that can be stored for future analysis. The prostate imaging systems 510(k) was supported by the results of a recently completed clinical study of 56 patients evaluated at five U.S.

ProUroCare Medical Inc. financial resources

otc, otcbb, pinksheet, PUMD, ob ProUroCare Medical Inc.

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More Recent Financial News About ProUroCare Medical Inc.

ProUroCare Medical Elects Two New Directors

Quote: MINNEAPOLIS, March 5 /PRNewswire-FirstCall/ -- ProUroCare Medical Inc. (OTC Bulletin Board: PUMD, PUMDU and PUMDW), a provider of proprietary medical imaging products announced today the election of Michael Chambers, JD, Ph.D. and James L. Davis to its Board of Directors effective immediately.  Michael Chambers is an experienced attorney, angel investor and entrepreneur.  Dr. Chambers currently serves as President and CEO of Swift Biotechnology, a company he recently co-founded.  Swift ...
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PROUROCARE MEDICAL INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhib

Quote: Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) Appointment of New Officers; Election of New Directors On March 1, 2010, the board of directors of ProUroCare Medical Inc. (the "Company"), elected Dr. K.W. Michael Chambers and Mr. James L. Davis to the board of directors, effective immediately. Dr. Chambers currently serves as President and CEO of Swift Biotechnology, a comp...
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Inclement East Coast Weather Delays ProUroScan(TM) FDA Review

Quote: 26 /PRNewswire-FirstCall/ -- ProUroCare Medical, Inc. (OCT Bulletin Board: PUMD, PUMDU, PUMDW), a provider of proprietary medical imaging products, indicates that the Food and Drug Administration has informed the industry that the processing of 510(k) applications, which includes the ProUroScan™ prostate imaging system, has been delayed because of the inclement weather in February that impacted the Washington, D.C. area.  It is anticipated that the delay will not be significant.About Pr...
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PROUROCARE MEDICAL INC. Files SEC form 10-Q, Quarterly Report

Quote: We caution that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Overview; Product Offerings ProUroCare Medical Inc. ("ProUroCare," the "Company," "we," "us" or "our," which terms include reference to our wholly owned subsidiary, ProUroCare Inc. ("PUC")) has developed and intends to market an innovative pros...
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PROUROCARE MEDICAL INC. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statem

Quote: Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) At the 2009 Annual Meeting of Shareholders of ProUroCare Medical Inc. (the "Company") held on August 11, 2009, the shareholders approved the adoption of the Company's 2009 Stock Plan (the "Plan").The purpose of the Plan is to increase shareholder value and to advance the interests of the Company by furnishing a var...
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ProUroCare Medical Inc. Announces Closing on $1.6 Million Warrant Replacement Offering

Quote: EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--ProUroCare Medical Inc. PUMDNewsPUMDUNewsPUMDWNews) todayannounced the successful completion of its tender offer to holders ofcertain outstanding warrants, resulting in gross proceeds to the Companyof $1.6 million. Under the offer, the terms of the warrants weretemporarily modified so that holders who exercised their warrants byNovember 6, 2009 would receive, in addition to the shares of commonstock purchased upon exercise, an equal number of three-year repl...
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ProUroCare Medical Announces Filing of 510(k) For Prostate Imaging System

Quote: The responseof physicians who participated in these clinical studies has beenextremely positive; several have expressed interest in pursuingfollow-on studies to validate the use of our innovative and proprietarytechnology for additional clinical indications.”About ProUroCare Medical, Inc.ProUroCare Medical, Inc. is a publicly traded company engaged in thebusiness of creating innovative medical imaging products. Based inMinneapolis, Minn., ProUroCare is traded on the OTCBB market.Safe Harbo...
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PROUROCARE MEDICAL INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financia

Quote: Item 1.01Entry into Material Definitive Agreements Davis Promissory Note Between May 1, 2009 and September 16, 2009, James Davis, a principal shareholder of ProUroCare Medical Inc. (the "Company"), made various payments for the benefit of the Company and provided the Company with certain cash advances totaling approximately $243,000, including $100,000 loaned to the Company on July 29, 2009 (and previously reported on a Form 8-K filed on August 5, 2009) and $40,000 loaned to the Com...
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PROUROCARE MEDICAL INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financia

Quote: Item 1.01Entry into Material Definitive Agreements On September 23, 2009, ProUroCare Medical Inc. (the "Company") borrowed $300,000 from Jack Petersen pursuant to a secured promissory note.The promissory note matures on March 28, 2011. Under the terms of the promissory note, the Company will accrue for issuance to Mr. Petersen 1,998 shares of its common stock for each month or portion thereof that the principal amount of the loan remains outstanding, in lieu of cash interest.As consid...
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ProUroCare Medical Announces Extension of Offering of Replacement Warrants in Exchange for Early Exercise of Outstanding Warrants

Quote: MINNEAPOLIS--(BUSINESS WIRE)--ProUroCare Medical Inc. PUMDNews) PUMDUNewsPUMDWNews) today announced that it is extending the offering period ofits current tender offer to holders of certain outstanding warrants, toprovide additional time to review amended offering materials. The offer,which commenced on Sept 25, 2009, was originally scheduled to expire onOct 30, 2009 and is now scheduled to expire at 1:00 P.M. Central Time onNov 6, 2009.The offer extension was made as a result of the Companyâ...
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PROUROCARE MEDICAL INC. Files SEC form 8-K, Other Events

Quote: Item 8.01Other Events On November 18, 2009, ProUroCare Medical Inc.'s (the "Company") development partner Artann Laboratories Inc. ("Artann") filed a 510(k) application for U.S. market clearance of a prostate mechanical imaging system with the Food & Drug Administration (FDA).Once cleared and upon ProUroCare's first commercial sale of a prostate imaging system, Artann will transfer the 510(k) to ProUroCare. Under the terms of the Company's development agreement with Arta...
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PROUROCARE MEDICAL INC. Files SEC form 10-Q, Quarterly Report

Quote: We caution that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Overview; Product Offerings ProUroCare Medical Inc. ("ProUroCare," the "Company," "we," "us" or "our," which terms include reference to our wholly owned subsidiary, ProUroCare Inc. ("PUC")) has developed and intends to market an innovative pros...
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