- Leading Hospital will be the First in the Middle Eastto Offer Patients Precise Treatments with theLatest Generations of Both Systems
Accuray Incorporated (NASDAQ: ARAY) announced today that the company is expanding access to its products in the Middle East with the signing of an agreement with the Neuro Spinal Hospital (NSH) in Dubai, United Arab Emirates, for the acquisition of one CyberKnife® M6™ System and one Radixact™ System. The deal was entered into backlog during Accuray's fourth fiscal quarter which ended on June 30, 2017.
(Logo: http://photos.prnewswire.com/prnh/20151126/291246LOGO )
(Photo: http://mma.prnewswire.com/media/534403/Accuray_CyberKnife_System.jpg )
(Photo: http://mma.prnewswire.com/media/534404/Accuray_Radixact_System.jpg )
"We are very proud to be the first hospital in the Middle East to acquire the latest generation CyberKnife and Radixact Systems. We are building on our reputation as a leader in bringing the most advanced medical treatments to the community," said Prof. Abdul Karim Msaddi, Head of the Neurosurgery and Spine Department, Founder of Neuro Spinal Hospital, which will be named for the new hospital as the Neuro Spinal hospital and CyberKnife Center. "With these two leading-edge technologies in one location, we can expand our practice to offer personalized treatments to almost any patient who may benefit from radiation therapy."
CyberKnife M6 System Benefits
The CyberKnife M6 System will be primarily used by the hospital to treat neurological indications such as arteriovenous malformations and trigeminal neuralgia, and secondarily for extracranial cases such as prostate, lung and spine.
Radixact System Benefits
The Radixact System will be used to treat breast, head and neck, spine, as well as total marrow irradiation.
"We are pleased to work with Prof. Abdul Karim Msaddi and his team to bring our latest radiation therapy platforms to patients in Dubai and we are committed to supporting them in their goal to expand access to advanced radiotherapy," said Lionel Hadjadjeba, Senior Vice President, and Chief Commercial Officer at Accuray. "This new agreement with Neuro Spinal Hospital, a renowned neuroscience center of excellence, further demonstrates clinicians' confidence in the value of our Systems around the world."
Important Safety Information
For Important Safety Information please refer to http://www.accuray.com/safety-statement.
About Neuro Spinal Hospital
Dedicated to making quality healthcare available to patients in the region, Neuro Spinal Hospital was established in 2002 as the first specialized neuroscience hospital. For more than a decade, it has been internationally recognized as a center of excellence and referral for neurosurgical, spinal and neurological treatments. It will now also provide advanced radiotherapy and radiosurgery treatments.
Accuray Incorporated (NASDAQ : ARAY) is a radiation oncology company that develops, manufactures, and sells precise, innovative tumor treatment solutions that set the standard of care with the aim of helping patients live longer, better lives. The company's leading-edge technologies deliver the full range of radiation therapy and radiosurgery treatments. For more information, please visit http://www.accuray.com.
Safe Harbor Statement
Statements made in this press release that are not statements of historical fact are forward-looking statements and are subject to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release relate, but are not limited, to clinical applications, clinical results, patient outcomes, and Accuray's leadership position in radiation oncology innovation and technologies. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from expectations, including but not limited to the risks detailed from time to time under the heading "Risk Factors" in the company's report on Form 10-K, filed on August 24, 2016, the company's reports on Form 10-Q, filed on November 1, 2016, February 3, 2017, and May 5, 2017, and as updated periodically with the company's other filings with the SEC.
Forward-looking statements speak only as of the date the statements are made and are based on information available to the company at the time those statements are made and/or management's good faith belief as of that time with respect to future events. The company assumes no obligation to update forward-looking statements to reflect actual performance or results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. Accordingly, investors should not put undue reliance on any forward-looking statements.
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