STOCKHOLM, Sweden--(BUSINESS WIRE)-- RaySearch Laboratories AB (publ.) has entered into a long-term development and licensing agreement with Siemens Healthcare. This new collaboration means that RaySearch will provide a number of treatment planning modules aimed at improving radiation therapy. The software modules will be integrated in Siemens’ syngo® Suite for Oncology, which is Siemens’ integrated workflow solution for radiation therapy.
“We are very proud to form this partnership with Siemens as they are one of the leading global suppliers of equipment for radiation therapy”, says Johan Löf, CEO of RaySearch. “Our advanced radiation treatment components together with Siemens’ comprehensive syngo® platform will become a highly competitive package. We are looking forward to joining our forces and bringing these state of the art solutions to Siemens’ customers all over the world”, concludes Johan Löf.
“With its experience in the field of software components for radiation oncology, RaySearch is an excellent partner for the joint development of special software solutions. The cooperation with RaySearch will complement our software offerings, and give our customers access to a variety of new technologies for the clinical routine.” says Holger Schmidt, CEO of Siemens Healthcare Oncology Care Systems.
The collaboration is expected to start generating revenues for RaySearch during 2011.
ABOUT SIEMENS
The Siemens Healthcare Sector is one of the world’s largest suppliers to the healthcare industry. The company is a renowned medical solutions provider with core competence and innovative strength in diagnostic and therapeutic technologies as well as in knowledge engineering, including information technology and system integration. With its laboratory diagnostics acquisitions, Siemens Healthcare is the first integrated healthcare company, bringing together imaging and lab diagnostics, therapy, and healthcare information technology solutions, supplemented by consulting and support services. Siemens Healthcare delivers solutions across the entire continuum of care – from prevention and early detection, to diagnosis, therapy and care. Additionally, Siemens Healthcare is the global market leader in innovative hearing instruments. The company employs more than 49,000 people worldwide and operates in 130 countries. In the fiscal year 2008 (Sept. 30), Siemens Healthcare reported sales of 11.17 billion, orders of €11.78 billion, and group profit of €1.23 billion.
Further information can be found by visiting www.siemens.com/healthcare
ABOUT RAYSEARCH
RaySearch Laboratories is a medical technology company that develops advanced software solutions for improved radiation therapy of cancer. RaySearch’s products are sold through license agreements with leading partners such as Philips, Varian, Siemens, Nucletron, IBA Dosimetry and TomoTherapy. Ten products have been launched to date and RaySearch’s software is used at over 1,300 clinics in more than 30 countries. In addition, existing license agreements cover more than 15 other products that are scheduled to be launched in the coming years. RaySearch was founded in 2000 as a spin-off from Karolinska Institutet in Stockholm and the company is listed in the SmallCap segment on the OMX Nordic Exchange Stockholm.
For more information about RaySearch, please visit www.raysearchlabs.com.
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Contact:
SIEMENS Marion Bludszuweit, Press Officer, Siemens Healthcare Telephone: +49 9131 843 292 marion.bludszuweit@siemens.com or RAYSEARCH Johan Löf, President and CEO, RaySearch Laboratories AB Telephone: +46 (0)8-545 061 30 johan.lof@raysearchlabs.com
