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Advanced Oncotherapy PLC agrees £37.4mln fundraise as first proton beam therapy nears completion

"This proposed equity fundraise is the largest in the company s history and it will significantly bolster the company s balance sheet as we remain on. ....

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Advanced Oncotherapy PLC signs initial agreement with Swiss investor to provide LIGHT system treatment rooms for £75.5mln

The pair are also planning to enter into an exclusivity agreement to provide proton therapy services in the Gulf Cooperation Council ....

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Advanced Oncotherapy PLC uses proton beam therapy to target resistant cancers

About the company
Advanced Oncotherapy is a specialist developer and provider of a breakthrough proton therapy system, the LIGHT system, which is the result of 25 years of work at CERN and ADAM.
The company s focus is on developing and supplying technologies to maximise the destructive effect of radiation on tumours whilst minimising damage to the patient s healthy tissues.
How it is doing
03 Jun 2021
Advanced Oncotherapy PLC (LON:AVO) said it signed a letter of intent with Saba Partners for the proposed purchase of a three-treatment room LIGHT system for a total contract value of up to US$107mln (£75.5mln).
The AIM-listed firm is a developer of next-generation proton therapy systems for cancer treatment, called LIGHT systems, while Saba is an investment advisory and asset management firm based in Geneva with decades of experience in healthcare services and healthcare real estate. ....

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Advanced Oncotherapy signs letter of intent to supply Saba Partners with proton therapy systems | 3 June 2021

Advanced Oncotherapy signs letter of intent to supply Saba Partners with proton therapy systems ....

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Advanced Oncotherapy PLC builds commercial traction with Saba deal, says research house

Saba Partners is currently looking to build a network of healthcare centres in the Gulf region ....

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