TriSalus Life Sciences, Inc. is an oncology focused medical technology business providing drug delivery technology with the goal of improving therapeutics delivery to liver and pancreatic tumors. The Company’s platform includes devices that utilize a proprietary drug delivery technology and a clinical-stage investigational immunotherapy. Its two Food and Drug Administration (FDA) cleared devices use its proprietary Pressure-Enabled Drug Delivery (PEDD) approach to deliver a range of therapeutics: the TriNav Infusion System for hepatic arterial infusion of liver tumors and the Pancreatic Retrograde Venous Infusion System for pancreatic tumors. PEDD is a novel delivery approach designed to address the anatomic limitations of arterial infusion for the pancreas. Additionally, the Company is exploring the integration of its technology with its investigational immunotherapeutic, nelitolimod, a class C Toll-like receptor 9 agonist, for a range of liver and pancreatic indications.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 137.39% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 29.43M.
Fairly Valued
The company’s latest PE is -4.24, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 22.46M shares, increasing 10.38% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 814.39K shares of this stock.