RefleXion secures more funding

AuntMinnie.com staff writers
Apr 13, 2016

Radiation therapy equipment developer RefleXion Medical has completed a $46 million round of funding.

The financing was led by new investor KCK Group, along with existing investors Pfizer Venture Investments, Venrock, and Sofinnova Partners, RefleXion's largest shareholder.

RefleXion is developing a PET/CT radiotherapy system designed for personalized radiotherapy. The company hopes the system may advance the use of novel PET tracers to adapt treatment based on biological tumor characteristics such as tumor hypoxia, cellular proliferation, DNA synthesis, and genetic markers.

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