RaySearch Laboratories AB (publ) announces that CGN Medical Technologies has in December 2002 placed an order for RayStation®*, which CGN has sold together with IBA’s proton therapy system to Yangzhou Hospital in China.
CGN Medical Technologies markets and sells IBA proton therapy systems in China. RayStation has been sold in combination with IBA’s proton therapy systems in China before, but the current order is the first one that RaySearch receives from CGN.
Particle treatment is a strongly growing market in China and treatment planning for particle treatments (protons/carbon ions/BNCT) is an important focus area for RaySearch. Today, RayStation is the market leader in this segment of cancer care, a position that is further strengthened by the new order.
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Johan Löf, founder and CEO, RaySearch, says: “I am happy to announce our first order from CGN in China and look forward to a fruitful cooperation. Further, it is gratifying that RaySearch continues the long and global collaboration we have with IBA, together delivering proton therapy systems to centers all over the world.”
The order value is EUR 2,4 million (corresponding to approximately SEK 27 million) including five-year support contract. Revenue from the order will not be recognized in 2022.
About Yangzhou Hospital
Yangzhou Proton Therapy Center is located in Xinji Town, Yizheng City, in the Jiangsu province. The construction of the center started in October 2020, and when it opens it will be the first proton treatment center in the Jiangsu province.
About CGN
CGN Nuclear Technology Development Company Limited has, among other areas, a business within proton therapy. The company has been granted a comprehensive technology license by IBA in Belgium as well as the right to exclusively develop, sell, install, operate, and maintain such technologies and products in China, aiming at improving the life of patients by utilizing nuclear technology.
About RaySearch
RaySearch Laboratories AB (publ) is a medical technology company that develops innovative software solutions for improved cancer treatment. RaySearch markets the RayStation®* treatment planning system (TPS) and the oncology information system (OIS) RayCare®*. The most recent additions to the RaySearch product line are RayIntelligence® and RayCommand®*. RayIntelligence is an oncology analytics system (OAS) which enables cancer clinics to collect, structure and analyze data. RayCommand, a treatment control system (TCS), is designed to link the treatment machine and the treatment planning and oncology information systems.
