EDAP Announces Appointment of David Horn to Board of Directors
MWN-AI** Summary
EDAP TMS S.A. (Nasdaq: EDAP), a prominent player in therapeutic ultrasound technology, announced the appointment of David Horn to its Board of Directors, effective February 11, 2026. His addition introduces extensive expertise in capital markets, operational leadership, and the medical device industry to the board. Horn will also participate on the Audit Committee and Nominations Committee.
Chairman Lance Willsey expressed enthusiasm about the appointment, highlighting Horn's deep understanding of strategic growth, especially beneficial as EDAP navigates its next phase of expansion. Currently, Horn serves as President and CFO at Seer, Inc., where he has been instrumental since joining in 2020. His previous experience includes over two decades at Morgan Stanley, where he was a Managing Director in Healthcare Investment Banking, leading initiatives within the Life Science Tools and Diagnostics sector.
Horn holds degrees from prestigious institutions—an A.B. from Princeton University and an M.B.A. from Stanford University. He expressed honor in joining the board, noting EDAP’s status as a leader in focal therapy technology and its commitment to innovation and expanding clinical indications. Additionally, EDAP announced the departure of Glen French from the board, effective February 10, 2026, with Willsey thanking him for his contributions during his tenure.
EDAP TMS specializes in developing and distributing minimally invasive medical devices leveraging ultrasound technology. Their flagship product, the Focal One®, exemplifies their innovation in prostate focal therapy, with potential applications extending beyond prostate cancer. With Mr. Horn's insights and expertise, EDAP aims to enhance its mission and deliver shareholder value amid the evolving medical landscape.
MWN-AI** Analysis
EDAP TMS S.A.’s recent announcement regarding the appointment of David Horn to its Board of Directors signals a strategic shift that should capture investor attention. Mr. Horn's extensive background in capital markets and healthcare investment banking positions him as an ideal candidate to navigate the complexities of the medical device industry. As EDAP continues to enhance its portfolio, particularly with its leading product, the Focal One®, this leadership change could catalyze further opportunities for growth.
Investors should consider Mr. Horn’s experience at Seer and Morgan Stanley, where he has been instrumental in steering companies through pivotal growth phases. His role on the Audit and Nominations Committees equips him with insight into financial stewardship and governance—crucial areas for fostering shareholder trust and enhancing corporate strategy. The addition of a seasoned executive with a proven track record could indicate that EDAP is gearing up for an aggressive expansion strategy, potentially leading to increased market competitiveness.
Moreover, the challenges faced by EDAP, including market acceptance of their high-intensity focused ultrasound (HIFU) devices amidst a global inflationary environment, emphasize the need for strong leadership. Mr. Horn's focus on strategic planning and execution could help mitigate risks associated with economic instability, while also leveraging his insight to enhance the company’s operational efficiencies.
While the departure of Glen French from the board marks a transitional moment, strategically, Mr. Horn's arrival may herald a new era for EDAP. Investors should monitor how effectively Mr. Horn integrates into the company and whether his contributions translate into robust financial performance. In a rapidly evolving medical technology landscape, EDAP’s commitment to innovation positions it favorably for growth, making it a stock worth watching in 2026 and beyond.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
EDAP Announces Appointment of David Horn to Board of Directors
AUSTIN, Texas, February 12, 2026 – EDAP TMS S.A. (Nasdaq: EDAP) (“the Company” or “EDAP”), a global leader in therapeutic ultrasound technology, today announced the appointment of David Horn to its Board of Directors, effective February 11, 2026.
The addition of Mr. Horn strengthens the Board with extensive experience both advising and leading companies through periods of strategic growth and transformation. Mr. Horn will serve as a member of the Company’s Audit Committee and Nominations Committee.
“We are pleased to welcome David to the EDAP Board,” said Lance Willsey, Chairman of the Board of EDAP. “David brings deep capital markets expertise, strong operating leadership, and extensive experience across the medical device industry. His perspective will be highly valuable as we continue to execute our strategy and support EDAP’s next phase of growth.”
Mr. Horn has served as President and Chief Financial Officer of Seer, Inc. since 2023 and originally joined the company as Chief Financial Officer in 2020. In his current role, he oversees Seer’s finance and certain commercial functions and works closely with management and the board on strategic planning and execution. Prior to joining Seer, Mr. Horn spent more than 20 years at Morgan Stanley, where he served as a Managing Director in the Healthcare Investment Banking Group. During his tenure, he led the firm’s global Life Science Tools and Diagnostics practice and oversaw the expansion of its Western Region Healthcare practice, advising public companies on capital markets transactions and strategic initiatives. Mr. Horn has also held leadership roles in the medical device and life sciences sectors, including positions at RITA Medical Systems and Chemdex Corporation. Mr. Horn holds an A.B. from Princeton University and an M.B.A. from the Stanford University Graduate School of Business.
“I am honored to join the Board at this important stage in the Company’s evolution,” said Mr. Horn. “EDAP is a market leader in focal therapy technology with a strong history of innovation and a continued focus on expanding clinical indications to reach a broader patient population. I look forward to working with the Board and management team to help further advance the Company’s mission and drive shareholder value.”
The Company also announced that Glen French stepped down from the Board of Directors, effective February 10, 2026.
“I would like to thank Glen for his service and contributions to EDAP,” added Mr. Willsey. “We are grateful for his leadership and guidance during his tenure.”
About EDAP TMS S.A.
A recognized leader in robotic energy-based therapies, EDAP TMS develops, manufactures, promotes, and distributes worldwide minimally invasive medical devices for various conditions using ultrasound technology. By combining the latest technologies in imaging, robotics, and precise non-invasive energy delivery, EDAP introduced the Focal One® in Europe and the United States as a leading prostate focal therapy controlled by urologists, with the potential to expand to multiple indications beyond prostate cancer. For more information on the Company, please visit https://focalone.com.
Forward-Looking Statements
In addition to historical information, this press release contains forward-looking statements within the meaning of applicable federal securities laws, including Section 27A of the U.S. Securities Act of 1933 (the “Securities Act”) or Section 21E of the U.S. Securities Exchange Act of 1934, which may be identified by words such as “believe,” “can,” “contemplate,” “could,” “plan,” “intend,” “is designed to,” “may,” “might,” “potential,” “objective,” “target,” “project,” “predict,” “forecast,” “ambition,” “guideline,” “should,” “will,” “estimate,” “expect” and “anticipate,” or the negative of these and similar expressions, which reflect our views about future events and financial performance. Such statements include those related to the value Mr. Horn will bring to the board of directors. Such statements are based on management's current expectations and are subject to a number of risks and uncertainties, including matters not yet known to us or not currently considered material by us, and there can be no assurance that anticipated events will occur or that the objectives set out will actually be achieved. Important factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements include, among others, the clinical status and market acceptance of our HIFU devices and the continued market potential for our lithotripsy and distribution divisions, as well as risks associated with the current worldwide inflationary environment, the uncertain worldwide economic, political and financial environment, geopolitical instability, climate change and pandemics like the COVID 19 pandemic, or other public health crises, and their related impact on our business operations, including their impacts across our businesses or demand for our devices and services. Other factors that may cause such a difference may also include, but are not limited to, those described in the Company's filings with the Securities and Exchange Commission and in particular, in the sections "Cautionary Statement on Forward-Looking Information" and "Risk Factors" in the Company's Annual Report on Form 20-F.
Forward-looking statements speak only as of the date they are made. Other than required by law, we do not undertake any obligation to update them in light of new information or future developments. These forward-looking statements are based upon information, assumptions and estimates available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete.
FAQ**
How does the appointment of David Horn to the Board of Directors enhance the strategic growth potential of EDAP TMS S.A. EDAP, particularly in the context of the current healthcare landscape?
What specific contributions does David Horn plan to make to EDAP TMS S.A. EDAP's Audit Committee and Nominations Committee that could shape the company’s future directions?
Given David Horn's extensive background in capital markets and medical devices, how might his expertise influence the financial strategies and execution at EDAP TMS S.A. EDAP?
With Glen French stepping down, what strategies will EDAP TMS S.A. EDAP implement to ensure continuity in leadership and maintain momentum in its growth initiatives?
**MWN-AI FAQ is based on asking OpenAI questions about EDAP TMS S.A. (NASDAQ: EDAP).
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