ViewRay files for bankruptcy

[Tall_Allen]

I don't know what effect this will have. They manufacture the MRIdian linac. They intend to sell off assets, in whole or in part. That may mean a competitor like Varian, Accuray, Siemens, or GE may snap them up to get into the MRI-guided linac business. Or maybe Elekta will use it to merge with their Unity platform. It may have implications for parts, inventory, maintenance, support and training.

radiologybusiness.com/topic...

[mperloe]

The press release says that ViewRay will continue to support existing MRIdian and move forward with installs. Research funding and consultant support is on hold.

[Tall_Allen in reply to mperloe]

For now.

[Fash01]

I saw the stock price drop to basically nothing yesterday. Dr. Kishan at UCLA uses the Viewray. I’d hoped that a competitor or med device company would have made a bid for Viewray. Probably the remnants will be scooped up at rock bottom prices. I hope so as it seems the technology is very good.

[Tall_Allen in reply to Fash01]

Elekta Unity is potentially a better linac. It's MRI is more sensitive. The one drawback to the Elekta version, which they said they would fix in a future install, is manual gating vs automatic gating for MRIdian.

[cesces]

Dumb question

Can someone please give context to what and how the affected equipment relates to which specifics of which treatments or diagnostic procedures?

Thanks

[Tall_Allen]

They are owned by Siemens, which is the biggest company of the bunch.

[Benkaymel in reply to Tall_Allen]

I have a friend who works at Elekta. He said - our automatic gating solution is literally being released next month so that will give us another jump up. Siemens bought Varian not long ago but we have a lot of patents on MR linacs so will have a good control over developments and we have a partnership with Philips on the MR side so we have a lot of technological expertise so I think ultimately Philips may merge with Elekta.