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PLSE Shares Rise on First-in-Human Data for Thyroid Nodule Treatment

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Key Takeaways

  • Pulse Biosciences published the first-in-human study on nsPFA for benign thyroid nodules.
  • The study showed up to 93% reduction in nodule size with early symptom relief.
  • Shares rose 2.6% after results highlighted the safety and efficacy of nsPFA treatment.

Pulse Biosciences (PLSE - Free Report) has announced the publication of its first-in-human clinical feasibility study in the Journal Thyroid, highlighting the effectiveness of its proprietary Nanosecond Pulsed Field Ablation (nsPFA) technology for treating benign thyroid nodules. The study, conducted in Naples, Italy, showed strong outcomes in both safety and efficacy, with meaningful reductions in nodule size and symptom relief.

The publication underscores nsPFA’s potential to emerge as a differentiated treatment option for patients with benign thyroid nodules. With its nonthermal mechanism and favorable safety profile, the technology positions Pulse Biosciences to advance a promising alternative to current standard-of-care approaches.

Likely Trend of PLSE Stock Following the News

Following the announcement, the company's shares gained 2.6% at yesterday’s market closing. Shares of the company have lost 2.9% in the year-to-date period compared with the industry’s 8.6% decline. The S&P 500 has gained 9.4% in the same time frame.

This publication strengthens Pulse Biosciences’ long-term business prospects by positioning nsPFA as a disruptive alternative in the large benign thyroid nodule market, where current treatments are either invasive or less effective. Demonstrating strong safety and efficacy not only supports potential adoption by clinicians but also broadens the platform’s applicability across therapeutic areas, creating opportunities for regulatory expansion, partnerships, and recurring revenue growth.

PLSE currently has a market capitalization of $1.11 billion.

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More on PLSE’s Study Data

The first-in-human feasibility study, conducted at Ospedale del Mare in Naples, Italy, evaluated Pulse Biosciences’ nsPFA technology using the CellFX Percutaneous Electrode System under ultrasound guidance. The study was structured across three cohorts, with initial groups assessing tissue response through isolated ablations and the final group receiving full therapeutic treatment of benign thyroid nodules. The design allowed researchers to measure both the safety and effectiveness of nsPFA energy in a clinical setting.

Results demonstrated strong efficacy, with fully treated nodules showing an average 86% reduction in size at one year and reductions as high as 93%. Symptom improvement was observed early, with greater than 48% reduction noted within two weeks. Importantly, follow-up ultrasounds indicated no intranodular fibrosis or scarring, underscoring the favorable safety profile of nsPFA. These outcomes highlight the potential of the technology to deliver rapid, durable, and minimally invasive results compared to traditional approaches.

Favorable Industry Prospects for PLSE

Per a report by Grand View Research, the global thyroid ablation devices market size was valued at USD 168.4 million in 2023 and is expected to expand at a compound annual growth rate of 9.58% from 2024 to 2030. 

There is an increasing demand for thyroid ablation procedures as well as devices owing to the rising prevalence of thyroid cancer and thyroid nodules.

PLSE’s Zacks Rank & Key Picks

Currently, PLSE carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader medical space that have announced quarterly results are Medpace Holdings, Inc. (MEDP - Free Report) , West Pharmaceutical Services, Inc. (WST - Free Report) and Boston Scientific Corporation (BSX - Free Report) .

Medpace Holdings, sporting a Zacks Rank of 1 (Strong Buy), reported second-quarter 2025 EPS of $3.10, beating the Zacks Consensus Estimate by 3.3%. Revenues of $603.3 million outpaced the consensus mark by 11.5%. You can see the complete list of today’s Zacks #1 Rank stocks here.

Medpace Holdings has a long-term estimated growth rate of 11.4%. MEDP’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 13.9%.

West Pharmaceutical reported second-quarter 2025 adjusted EPS of $1.84, beating the Zacks Consensus Estimate by 21.9%. Revenues of $766.5 million surpassed the Zacks Consensus Estimate by 5.4%. It currently flaunts a Zacks Rank #1.

West Pharmaceutical has a long-term estimated growth rate of 8.5%. WST’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 16.8%.

Boston Scientific reported second-quarter 2025 adjusted EPS of 75 cents, beating the Zacks Consensus Estimate by 4.2%. Revenues of $5.06 billion surpassed the Zacks Consensus Estimate by 3.5%. It currently carries a Zacks Rank #2 (Buy).

Boston Scientific has a long-term estimated growth rate of 14%. BSX’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 8.1%.

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