Pulse Biosciences

Pulse Biosciences

PLSE
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PLSE · Stock Price

USD 19.59+2.52 (+14.76%)
Market Cap: $1.3B

Historical price data

Market Cap: $1.3BFounded: 2014HQ: Hayward, United States

Overview

Pulse Biosciences' mission is to revolutionize tissue ablation through its proprietary Nanosecond Pulsed Field Ablation (nsPFA™) technology, which uses ultra-short electrical pulses to induce cell death while preserving non-cellular tissue architecture. The company has achieved significant milestones, including promising first-in-human feasibility data for its cardiac catheter in atrial fibrillation, live case demonstrations at major cardiology conferences, and 510(k) submissions for its cardiac clamp and percutaneous electrode. Its strategy is to first secure regulatory clearances in high-impact cardiac and thyroid applications, leveraging the unique safety and speed profile of nsPFA to capture share in multi-billion-dollar ablation markets.

CardiologyEndocrinologyDermatologyOncology

Technology Platform

Patented nPulse™ platform delivering Nanosecond Pulsed Field Ablation (nsPFA™) energy, which uses ultra-short electrical pulses to selectively ablate cells via intracellular targeting while sparing the extracellular matrix for non-thermal tissue ablation.

Funding History

2
Total raised:$65M
PIPE$25M
IPO$40M

Opportunities

Pulse addresses multi-billion dollar markets in cardiac ablation and thyroid nodule treatment with a platform technology that offers a non-thermal, matrix-sparing alternative to current standards.
Successful demonstration of clinical superiority in speed, safety, or efficacy could drive rapid adoption and significant market share capture.

Risk Factors

The company faces significant clinical and regulatory risks as its novel technology must prove itself in larger pivotal trials.
Commercialization against deeply entrenched, well-capitalized competitors in the cardiac space presents a major adoption challenge, and the pre-revenue company will require additional capital to reach the market.

Competitive Landscape

Pulse competes with giants in thermal ablation (J&J, Abbott, Medtronic) and newer microsecond PFA systems (Boston Scientific's Farapulse). Its key differentiator is the nanosecond pulse duration, which is unproven clinically but theorized to offer superior intracellular targeting and tissue preservation compared to existing technologies.

Company Timeline

2014Founded

Founded in Hayward, United States

2016IPO

IPO — $40.0M

2020PIPE

PIPE: $25.0M