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Penn Medicine and IBA Launch Proton Therapy Joint Venture

Original: Penn Medicine, IBA Form Joint Venture to Advance Proton Therapy, Radiation Oncology

Penn Medicine and Belgian proton therapy company IBA have formed a joint venture aimed at advancing proton therapy and radiation oncology. The partnership will focus on developing and expanding access to advanced cancer radiation treatments. Details on investment size, timeline and specific projects have not been announced, and the companies have not yet outlined how the venture will operate alongside existing clinical programs.

Why now: The announcement of a major partnership between a leading academic medical center and a proton therapy manufacturer is newsworthy for cancer treatment.

Penn MedicineIBAproton therapyradiation oncology

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