Biotech Values

[ilpapa]

And what is the likelihood of this ever being approved in the U.S. and being commercially viable, especially in light of all of the recent advances in prostate cancer drugs?

Beats me.
I know of one urologist who had an apparently thriving business taking patients to the Bahamas at exorbitant cost to carry out the procedure there. He was successful enough that he moved his practice from South Carolina to NYC.
He once threw me out of his office when I told him after a 3/4 hour wait that my time was as valuable as his - I thought he was going to call the cops, he was so furious. That's how I know that he is a famous and successful surgeon.
If the procedure is as successful as claimed and can be done on an outpatient basis, it seems to me it could be commercially viable. Not many current procedures promise cures on an outpatient basis - but I have no personal experience of HIFU. I decided against it mainly because of the cost, but also the faint smell of a cult.