Mevion Medical Systems joins $55M Spanish proton therapy program
Photo | Courtesy | Mevion Medical Systems
Mevion Medical System's S250i Proton Therapy System
Mevion Medical Systems of Littleton, which makes proton therapy systems for use in radiation therapy for cancer patients, has signed a deal to bring its technology to a new collaboration in Spain.
The initiative, announced Wednesday, joins Mevion with Cordoba, a Spanish city of about 325,000, as well as the the Ministry of Health and Families of Andalusia, the region where Cordoba sits, and the University of Cordoba. Those four will establish an alliance with the Andalusian Health Service and the University Institution.
In the initiative, Mevion will provide its proton therapy technology to Andalusian Health Service patients in a new proton therapy center costing 46 million euros ($55 million in U.S. dollars) to be built next to the University of Cordoba. Proton therapy is a more precise therapeutic radiation to tumors and less damaging to nearby organs, Mevion said.
Financial terms of the deal weren't disclosed. The company has signed similar deals in the Netherlands and Taiwan.
Mevion received U.S. Food and Drug Administration approval in 2018 for a system called the S250i delivering radiation therapy treatments to cancer patients using focused scanning technology. In February, Mevion appointed its first chief operating officer, Curt Kienast, a move it said became necessary with 22% growth last year.
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