Kurs
+1,56%
Likviditet
3,98 MSEK
Prenumeration
Kalender
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Beskrivning
Land | Sverige |
---|---|
Lista | Small Cap Stockholm |
Sektor | Hälsovård |
Industri | Medicinteknik |
C-RAD announces today a partnership agreement with the Renova Oncology Group based in Hyderabad, India. The agreement includes an order for multiple Catalyst+ HD and Sentinel 4DCT systems and a multiyear service agreement.
The Renova Oncology Group is a private healthcare provider that was founded in Hyderabad and is establishing oncology centers across the country. The first installation will take place in Renova’s main center in Hyderabad. The site will become a Center of Excellence, with the ambition to establish a reference site and a training facility. The agreement opens for joint research projects.
Dr Janardhan Nandigam, Chief Technology Officer at Renova comments: “We at Renova Oncology always believe that safety and Precision are the mainstays of Radiation Oncology and SGRT is way ahead in achieving the goal. Our association with C-RAD will only take us in the right direction and we look forward to the partnership.”
The systems will be delivered with the complete software suite including modules for Respiratory Gating, Patient Setup & Positioning and Motion Monitoring as well as a dedicated software that supports stereotactic treatments. The C-RAD SGRT system (Surface Guided Radiation Therapy) provides the customer with a tool for accurate patient setup prior to the treatment and continuous monitoring of the patient during a treatment fraction. The technology provides accuracy and safety for the patient to support high precision treatment techniques as well as efficiency in a complex treatment workflow.
“We are excited to cooperate with the progressive team of the Renova group.” says Tim Thurn, CEO and President of C-RAD AB, “There is a huge unmet demand for cancer care in India. The rapidly growing private healthcare sector gives an opportunity for advanced cancer care in the country. With our technology we contribute to a save and efficient workflow.”
The agreement has an order value of approx. 12 MSEK, whereas approx. 9 MSEK are booked as order intake in the fourth quarter. Implementation of the systems is expected to be done over the next 36 months whereas the first system is being delivered before the end of the year.
About Renova Hospitals
Renova Hospitals are an Advanced Multi specialty and Oncology group with a major focus on precision Technology and compassionate care with a Patient centric approach. They are currently operating in 5 locations across Hyderabad and one in Jaipur. The future plan in next 2 years is to expand to more locations so that they are always reachable, no matter where you may be!
About C-RAD
C-RAD develops surface-guided imaging solutions for radiation therapy to allow highly accurate dose delivery to the tumor, and at the same time, to protect healthy tissue from unwanted exposure. Using high-speed 3D cameras combined with augmented reality, C-RAD supports the initial patient setup process and monitors the patient's motion during treatment to ensure high confidence, an efficient workflow, and improved accuracy. C-RAD monitors the patient's motion without the use of tattoos or additional imaging dose, to deliver the highest level of patient safety and comfort.
C-RAD. Inspiring excellence in cancer treatment.
C-RAD AB is listed on NASDAQ Stockholm.
For more information on C-RAD, please visit http://www.c-rad.com
This information is information that C-Rad is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-11-16 11:15 CET.