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EDAP TMS S.A. Secures?36M Funding from European Investment Bank
ByAinvest
Tuesday, Aug 26, 2025 11:03 am ET1min read
EDAP TMS S.A. has entered into a letter of intent with the European Investment Bank to receive €36 million in funding. The company expects to close the deal by the end of 2025. The transaction will involve a credit facility, but further details were not disclosed.
EDAP TMS S.A., a leading provider of robotic energy-based therapies, has entered into a letter of intent with the European Investment Bank (EIB) to secure €36 million in funding. The company expects to close the deal by the end of 2025, with the transaction involving a credit facility. The funds will support the continued expansion of Focal One® Robotic HIFU in focal therapy, a rapidly growing treatment category for early-stage prostate cancer, and accelerate the development of new clinical indications [1].The letter of intent was announced on August 26, 2025, by EDAP's Chief Executive Officer, Ryan Rhodes. Rhodes expressed pleasure with the agreement, highlighting that the capital will enhance the company's balance sheet and provide substantial low-interest funding accessible in tranches as needed. The EIB has been a longstanding partner in supporting innovative technologies that benefit millions of patients globally [1].
EDAP TMS S.A. develops, manufactures, promotes, and distributes minimally invasive medical devices worldwide using ultrasound technology. The company introduced the Focal One® in Europe and the U.S. as the leading prostate focal therapy controlled by urologists, with potential to expand to multiple indications beyond prostate cancer [1].
The credit facility is expected to close by the end of 2025, pending the signature of final legal documents. EDAP TMS S.A. has a history of delivering innovative technologies, and this latest funding will further bolster its position in the market [2].
References:
[1] https://finance.yahoo.com/news/edap-announces-letter-intent-36-110000348.html
[2] https://www.marketscreener.com/news/edap-tms-s-a-announced-that-it-expects-to-receive-36-million-in-funding-from-european-investment-b-ce7c50d9da81f620
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