RaySearch, Siemens end partnership

AuntMinnie.com staff writers
Jan 2, 2013

Radiation therapy firm RaySearch Laboratories and multimodality vendor Siemens Healthcare have agreed to terminate their partnership in radiation therapy treatment planning.

Under a deal implemented in 2009, RaySearch had been providing Siemens with treatment planning modules for integration with the OEM's syngo Suite for Oncology software.

Under a termination agreement announced this week, Siemens will pay RaySearch a one-time fee of 1 million euros ($1.3 million U.S.) and will provide intellectual property payments to RaySearch.

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