IBA sells part of dosimetry unit

AuntMinnie.com staff writers
Dec 16, 2019
2019 09 21 00 44 1021 Iba Astro 2019

Proton therapy developer Ion Beam Applications (IBA) has sold its RadioMed unit to IZI Medical Products for an estimated price of $14 million to $16 million.

RadioMed, which IBA acquired in 2003, makes Visicoil, an implantable fiducial marker for soft-tissue tumor localization designed to enhance the accuracy of radiation therapy planning and delivery. IZI develops, manufactures, and provides medical consumable devices for interventional radiology and oncology, radiation therapy, neuro-spine, and image-guided surgery procedures.

IBA will retain ownership of the rest of its dosimetry products and business.

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