Stockholm, Sweden, July 11, 2013 — Swedish algorithm specialist RaySearch Laboratories AB and German based radiosurgery experts Brainlab AG today announced collaboration efforts focused on specific software enhancements to extend the capabilities of available technologies and increase the choices available in the treatment of cancers outside the brain.
“Working with Raysearch will allow us to focus even more energy on our core strengths, says Stefan Vilsmeier, President and CEO of Brainlab. We plan to continue full speed on our path towards improving the consistency and quality of treatments by optimizing clinical workflows and innovations. We see a good fit between our two companies and are pleased to work together with an unconventional player in radiation therapy software. RaySearch has an approach to software development that reminds me of Brainlab from ten years ago.”
Johan Löf, President and CEO of RaySearch Laboratories AB adds: “Brainlab is a world-leading supplier of equipment for Neurosurgery and Stereotactic Body Radiation Therapy and I believe that there are many synergies between our two companies. This is a great foundation for a long-standing partnership and we look forward to collaborating with Brainlab regarding these and potentially other projects.”
Development will begin immediately and integrated products will be launched at the end of 2013.
Brainlab develops, manufactures and markets software-driven medical technology, enabling access to improved, more efficient, less-invasive patient treatments.
Core products revolve around less-invasive image guided surgery technology, more accurate and effective radiation therapy, and integration through planning and collaboration systems that bring patient data and physicians together.
Brainlab technology currently powers treatments in the fields of neurosurgery, radiation oncology, orthopedics, ENT, CMF, spine, and trauma.
Privately held since its formation in Munich, Germany in 1989, Brainlab has more than 5,000 systems installed in about 80 countries. Brainlab employs 1,120 people in 17 offices worldwide, including 290 Research & Development engineers, who form a crucial part of the product development team.
To learn more, visit www.brainlab.com.
RaySearch Laboratories is a medical technology company that develops advanced software solutions for improved radiation therapy of cancer. RaySearch’s products are mainly sold through license agreements with leading partners such as Philips, Nucletron, IBA Dosimetry, Varian and Accuray. To date, 15 products have been launched through partners and RaySearch’s software is used at over 2,000 clinics in more than 30 countries. In addition, RaySearch offers the proprietary treatment planning system RayStation® directly to clinics. RaySearch was founded in 2000 as a spin-off from Karolinska Institutet in Stockholm and the company is listed in the Small Cap segment on NASDAQ OMX Stockholm.
For more information about RaySearch, visit www.raysearchlabs.com
For further information, please contact:
Johan Löf, President and CEO, RaySearch Laboratories AB
Telephone: +46 (0)8-545 061 30