Skip to main content

Market Overview

IBA, Toshiba Sign Strategic Partnership in Particle Therapy

Share:

IBA and Toshiba Corporation (OTC: TOSBF) today announce the signing of a global collaboration to expand access to advanced particle therapy worldwide. Toshiba Medical Systems Corporation will become the distributor in Japan for Proteus®ONE, IBA's compact single-room proton therapy solution, and IBA will become the agent for Toshiba's Carbon Therapy Solutions outside Japan.

IBA and Toshiba will collaborate on activities such as customer education for Proteus®ONE and Toshiba's carbon therapy solutions.
The collaboration will also enable both organizations to mutually leverage their Operation and Maintenance (O&M) services.

Olivier Legrain, Chief Executive Officer of IBA commented: "This is an important step for IBA. A closer collaboration with a company of Toshiba's caliber and leadership will accelerate the expansion of proton therapy in Japan and the introduction of Toshiba's carbon therapy across the world. Carbon ion therapy is particularly suitable for treating radio-resistant tumors and allows for dose escalation, which is recommended in a number of clinical applications. Through this new collaboration, IBA will further strengthen its world leading position in proton therapy and will reaffirm its leading position in the delivery of the latest innovative cancer therapies worldwide."

Satoshi Tsunakawa, Chief Executive Officer of Healthcare Company, Toshiba Corporation, said: "Proton and carbon therapies are among the most exciting technological advancements in the treatment of cancer. Toshiba looks forward to collaborating with IBA to enhance access to best-in-class technologies for both proton and carbon therapy centers. Guided by the principles of The Basic Commitment of the Toshiba Group, "Committed to People, Committed to the Future," this collaboration will give both our companies an enhanced set of tools to provide the best cancer treatment technologies."

 

Related Articles (TOSBF)

View Comments and Join the Discussion!

Posted-In: News Contracts

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com