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.
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