Story excerpt provided by Crain’s Cleveland Business.
Written by Chuck Soder.
The Henry Ford Health System in Detroit will acquire a new radiation delivery system developed by ViewRay Inc. (Nasdaq: VRAY).
The health system will test and help develop the new version of the Oakwood Village company’s MRIdian system— a product that’s expected to be important to ViewRay’s future.
The company already sells an MRI-guided radiation therapy system that uses cobalt to deliver radiation to cancer patients. However, some customers have been reluctant to install that version of the system. Thus, ViewRay developed a new version that uses a linear particle accelerator to deliver the radiation.
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Originally published September 2, 2016.