July 6, 2015 - IBA (Ion Beam Applications S.A.) has signed three separate binding term sheets with Proton Partners International (PPI) to install three of its Proteus One compact proton therapy solutions in private clinics in the United Kingdom. The agreements contain significant and immediate down-payments.
Each term sheet covers delivery of the Proteus One equipment, including next-generation pencil beam scanning (PBS) and cone beam computed tomography (CBCT) capabilities, and a ten-year maintenance agreement. The typical end-user price for a Proteus One system with such a maintenance contract is between EUR 35 and 40 million. These three centers will be the eighth, ninth and tenth installations of IBA's compact single-room proton therapy solution and are expected to treat the first patients in 2017.
The proton therapy center in Newport will treat patients from Wales, the south-west of England and the Midlands, and the center in Newcastle will treat patients from the North of England. The location of the third center will be announced at a later date.
These three projects follow the framework agreement that IBA and Philips signed in September 2014.
For more information: www.iba-worldwide.com