Proton firm Mevion gets $45M investment

Proton therapy developer Mevion Medical Systems has closed a $45 million investment from venture capital firms.

Mevion received the money from healthcare venture capital firm ProQuest Investments and a group of its existing investors. Mevion makes the Mevion S250 proton therapy system, and proceeds from the investment will be used to accelerate the manufacture and worldwide deployment of the system, the company said.

Mevion S250 has not yet received clearance from the U.S. Food and Drug Administration (FDA) for clinical use.

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