RaySearch Laboratories: Distribution agreement and First RayStation® order in Thailand

Regulatory News:

RaySearch Laboratories AB (publ.) has entered into a long-term distribution agreement with Kamol Sukosol Electric Co. (KEC), in Bangkok, Thailand. The agreement means that KEC resumes full responsibility for marketing, sales and service of RaySearch’s proprietary treatment planning system RayStation® on the Thai market.

KEC is a leading distributor of a radiation therapy equipment in Thailand, and represents a wide range of international radiation therapy equipment suppliers since more than 30 years.

The agreement has already resulted in the first RayStation® order in Thailand from Lopburi Cancer Hospital in the Mueang District.

"We are very excited about representing RaySearch in Thailand. Our partnership with Raysearch Laboratories aligns with our commitment to providing cutting edge radiation therapy solutions to the Thai market. We look forward to a successful long term partnership with RaySearch”, says Daranee Sukosol Clapp, Executive Vice President, Kamol Sukosol Electric Co.

"Kamol Sukosol Electric Co. is a leading distributor of radiation therapy equipment on the Thai market so we are delighted that we have formed this partnership and we will now work together to serve Lopburi Cancer Hospital and hopefully many more Thai clinics. We have now received RayStation® orders from 19 different countries around so we have become firmly established as a global supplier of radiation therapy software”, says Johan Löf, CEO of RaySearch.

About RayStation®

RayStation® integrates all RaySearch’s advanced treatment planning solutions into a flexible treatment planning system. It combines unique features such as multi-criteria optimization tools with full support for 4D adaptive radiation therapy. It also includes functionality such as RaySearch’s market-leading algorithms for IMRT and VMAT optimization and highly accurate dose engines for photon, electron and proton therapy. The system is built on the latest software architecture and has a graphical user interface offering state-of-the-art usability.

About RaySearch

RaySearch Laboratories is a medical technology company that develops advanced software solutions for improved radiation therapy of cancer. RaySearch markets the RayStation® treatment planning system to clinics all over the world. In addition, RaySearch’s products are distributed through licensing agreements with leading medical technology companies such as Philips, Nucletron, IBA, Varian and Brainlab. To date, 15 products have been launched via partners and RaySearch’s software is used by over 2,500 clinics in more than 65 countries. RaySearch was founded in 2000 as a spin-off from Karolinska Institute in Stockholm and the company is listed in the Small Cap segment on Nasdaq Stockholm.

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