| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
182 |
| Employees |
214 |
| Revenues (TTM) (Millions $) |
106 |
| Net Income (TTM) (Millions $) |
-110 |
| Cash Flow (TTM) (Millions $) |
-196 |
| Capital Exp. (TTM) (Millions $) |
4 |
Business Description
Viewray Inc is a publicly traded medical technology company headquartered in Cleveland, Ohio. The company designs and manufactures advanced radiation therapy systems for the treatment of cancer. Viewray's patented technology utilizes magnetic resonance imaging (MRI) to guide radiation therapy, resulting in more accurate and precise treatment.
Viewray's flagship product is the MRIdian system, which combines an MRI scanner with a linear accelerator (linac) to provide real-time imaging during radiation therapy delivery. This allows clinicians to monitor the tumor and surrounding tissues in real-time, and adapt the treatment plan as necessary to account for any changes in the patient's anatomy or tumor size.
The MRIdian system has several unique features that set it apart from traditional radiation therapy systems. One of these is the ability to deliver radiation dose while the patient is in motion, which is particularly important for treating tumors in organs such as the lungs or liver that move as the patient breathes. Another is the ability to adjust the radiation beam continuously during treatment, an approach known as adaptive radiation therapy.
Viewray's technology has numerous advantages over traditional radiation therapy systems. For one, it allows for higher doses of radiation to be delivered to the tumor while minimizing damage to healthy tissues. This can improve outcomes for patients with certain types of cancer, such as prostate cancer. Additionally, because the MRIdian system uses MRI for imaging, it does not expose patients to ionizing radiation, which is a concern with other imaging modalities such as CT.
Viewray has a large and growing customer base, with installations of the MRIdian system in cancer centers throughout the world. The company has partnerships with several leading cancer institutions, including MD Anderson Cancer Center and the Mayo Clinic. Viewray's revenue has been steadily increasing, and the company is poised for continued growth as it expands its offerings and enters new markets.
Company Address: 1099 18th Street Suite 3000 Denver 80202 CO
Company Phone Number: 703-3210 Stock Exchange / Ticker: NASDAQ VRAY
|
%
22% 