By staff writers

January 3, 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.

Copyright © 2013

To read this and get access to all of the exclusive content on create a free account or sign-in now.

Member Sign In:
MemberID or Email Address:  
Do you have a password?
No, I want a free membership.
Yes, I have a password:  
Forgot your password?
Sign in using your social networking account:
Sign in using your social networking