IBA Selected to Install New Proton Therapy Center in Charleroi, Belgium
New Proteus ® One installation to be dedicated to research and development in collaboration with the Wallonia Region government and four leading Belgian universities
Louvain-la-Neuve, Belgium, February 20, 2017 - IBA ( Ion Beam Applications SA ), the world's leading provider of proton therapy solutions for the treatment of cancer, announces today that it has been selected as the preferred vendor by four leading universities of Brussels (ULB), Liège (Ulg), Mons (UMons) and Namur (UNamur), alongside the Wallonia Region government, to install a Proteus ® ONE* solution, IBA's single-room compact proton therapy system, in Charleroi, Belgium. IBA was selected following a comprehensive European public tender process and expects to sign a final contract in the coming weeks, after expiration of the applicable waiting period.
The new center will be dedicated primarily to the research and development of new proton therapy applications and techniques in order to extend the range of proton therapy used in the treatment of cancer. The center, which will also treat patients, will be located in Charleroi and is expected to be operational in 2020. The Wallonia Region will invest a total of EUR 47 million in this research project, which will include the IBA technology, research program, maintenance contract as well as related equipment.
Olivier Legrain, Chief Executive Officer of IBA commented: "We are delighted to have been selected to build a proton therapy center dedicated to R&D, demonstrating that Belgium has all the scientific, clinical and technological expertise required to advance this significant technology in the fight against cancer. Not only will this research and development center enable IBA and the Belgian universities to test and develop new generation technologies to fight cancer, it will also develop and anchor industrial expertise shared by a network of local companies. We are committed to supporting these universities in providing high-quality cancer treatment to more patients in Belgium."
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About IBA IBA (Ion Beam Applications S.A.) is a global medical technology company focused on bringing integrated and innovative solutions for the diagnosis and treatment of cancer. The company is the worldwide technology leader in the field of proton therapy, considered to be the most advanced form of radiation therapy available today. IBA's proton therapy solutions are flexible and adaptable, allowing customers to choose from universal full-scale proton therapy centers as well as compact, single room solutions. In addition, IBA also has a radiation dosimetry business and develops particle accelerators for the medical world and industry. Headquartered in Belgium and employing about 1,500 people worldwide, IBA has installed systems across the world.
IBA is listed on the pan-European stock exchange NYSE EURONEXT (IBA: Reuters IBAB.BR and Bloomberg IBAB.BB). More information can be found at: www.iba-worldwide.com
*Proteus ® ONE is a brand name of Proteus 235
For further information, please contact:
IBA Jean-Marc Bothy Chief Strategy Officer
Soumya Chandramouli Chief Financial Officer +32 10 475 890 Investorrelations@iba-group.com
Thomas Ralet Vice-President Corporate Communication +32 10 475 890 communication@iba-group.com
For media and investor enquiries:
Consilium Strategic Communications Amber Fennell, Matthew Neal, Ivar Milligan +44 (0) 20 3709 5700 IBA@consilium-comms.com
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