Analyst Research Report Snapshot

Title:

ION BEAM APPLICATIONS - ONE ON ITS WAY

Price:

$10.00

Provider:

Edison Investment Research

Date:

23 Oct 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

IBAB.BR

Available for Immediate Download
Summary:

The new Proteus One superconducting proton beam source with accurate pencil beam scanning has attracted considerable interest. Ion Beam (IBA) has just shipped its first Proteus One treatment room to the US and the first accelerator has been shipped to France. The $40m needed per facility can be afforded by hospitals using standard finance. The Netherlands has decided to build four small centres after a detailed 2009 assessment of proton beam therapy. This evaluation indicates that the potential market, currently 0.6% of radiotherapy cases, could be 17.7% of patients. Guidance is for a c 5% 2013 revenue fall but then 5-10% annual growth to 2016.

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