By AuntMinnie.com staff writers

April 14, 2017 -- Image-guided radiation therapy developer ViewRay has increased the borrowing capacity on its loan with healthcare investment firm CRG.

ViewRay's loan agreement with CRG has been amended to increase its total borrowing capacity by $15 million to $65 million total. The loan option is available through September 30, 2017, along with an additional option for $5 million available through June 30, according to the company.

ViewRay also said it received two new orders for MRIdian linac systems in the first quarter of 2017, totaling $12.3 million, a slight increase from last year, when it completed two orders totaling $11.2 million in the first quarter of 2016. The company also received three orders in the first quarter of 2017 totaling $5.8 million to upgrade three installed cobalt systems to linac systems.

If you like this content, please share it with a colleague!
Copyright © 2017 AuntMinnie.com
 

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

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