IBA scores financing

AuntMinnie.com staff writers

Dec 17, 2009

Radiopharmaceutical firm Ion Beam Applications (IBA) of Louvain-la-Neuve, Belgium, has received financing from the European Investment Bank for 50 million euros ($72.5 million U.S.).

IBA plans to use the funding for its current research and development projects in the fields of cancer diagnosis and therapy between 2010 and 2013.

Most of the activities financed by the loan will be carried out in the IBA R&D centers in Louvain-la-Neuve and Fleurus, Belgium; Schwarzenbruck, Germany; Saclay, France; and Dulles, VA.

Related Reading

IBA wins court order to reapply for contract, December 4, 2009

IBA lands Italian install, December 3, 2009

IBA launches Proteus Nano, November 3, 2009

IBA launches proton rental program, October 30, 2009

IBA to take stake in Malaysian firm, October 28, 2009

Copyright © 2009 AuntMinnie.com

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