Accuray

Last updated

Accuray
Company typePublic company
Nasdaq:  ARAY
Founded1992
Founder John R. Adler
Headquarters
Madison, Wisconsin
,
United States
Products CyberKnife, tomotherapy

Accuray is a radiation therapy company that develops, manufactures, and sells radiation therapy systems to deliver treatments including stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT). [1] It is the developer of innovative technologies, the CyberKnife and TomoTherapy platforms, including the Radixact System, the latest generation TomoTherapy platform. [2] The company is headquartered in Sunnyvale, CA, the United States. [3] The platforms are installed in leading healthcare centres in approximately 50 countries globally.

Contents

History

Accuray was founded in 1990 by John R. Adler, a Stanford neurosurgeon, and commenced commercial operations in 1992. [4] [5]

In February 2007, Accuray was registered under the ticker NASDAQ:ARAY. [6] [7] In 2011, Accuray completed its $277 million acquisition of TomoTherapy Inc., creator of advanced radiation therapy solutions for cancer care. [8]

In 2012, the company acquired Morphormics for a total $5.7 million. Morphormics was founded by University of North Carolina at Chapel Hill faculty and specialized in developing imaging software. [9] [10]

In 2015, Accuray signed an agreement with RaySearch Laboratories AB to integrate treatment planning support for TomoTherapy, Radixact and CyberKnife. [11]

In July 2019, Accuray joint venture with CNNC Accuray in Tianjin received the license for operating in China. [12] [13] [14]

In August 2023, Accuray changed its head quarters from Sunnyvale, California USA to Madison, Wisconsin, USA.

Partners

Related Research Articles

<span class="mw-page-title-main">Radiation therapy</span> Therapy using ionizing radiation, usually to treat cancer

Radiation therapy or radiotherapy is a treatment using ionizing radiation, generally provided as part of cancer therapy to either kill or control the growth of malignant cells. It is normally delivered by a linear particle accelerator. Radiation therapy may be curative in a number of types of cancer if they are localized to one area of the body, and have not spread to other parts. It may also be used as part of adjuvant therapy, to prevent tumor recurrence after surgery to remove a primary malignant tumor. Radiation therapy is synergistic with chemotherapy, and has been used before, during, and after chemotherapy in susceptible cancers. The subspecialty of oncology concerned with radiotherapy is called radiation oncology. A physician who practices in this subspecialty is a radiation oncologist.

<span class="mw-page-title-main">Princess Margaret Cancer Centre</span> Hospital in Ontario, Canada

The Princess Margaret Cancer Centre is a scientific research centre and a teaching hospital in Toronto, Ontario, Canada, affiliated with the University of Toronto Faculty of Medicine as part of the University Health Network. The hospital now stands as the largest cancer centre in Canada and one of the five largest cancer centres in the world. Along with the Odette Cancer Centre, which is also associated with University of Toronto Faculty of Medicine and is independently the sixth largest cancer centre in North America, it forms one of the largest cluster of cancer hospitals in the world.

<span class="mw-page-title-main">Medtronic</span> Irish tax-registered medical device company

Medtronic plc is an American medical device company. The company's operational and executive headquarters are in Minneapolis, Minnesota, and its legal headquarters are in Ireland due to its acquisition of Irish-based Covidien in 2015. While it primarily operates in the United States, it operates in more than 150 countries and employs over 90,000 people. It develops and manufactures healthcare technologies and therapies.

<span class="mw-page-title-main">Radiosurgery</span> Surgical Specialty

Radiosurgery is surgery using radiation, that is, the destruction of precisely selected areas of tissue using ionizing radiation rather than excision with a blade. Like other forms of radiation therapy, it is usually used to treat cancer. Radiosurgery was originally defined by the Swedish neurosurgeon Lars Leksell as "a single high dose fraction of radiation, stereotactically directed to an intracranial region of interest".

<span class="mw-page-title-main">Stereotactic surgery</span> Medical procedure

Stereotactic surgery is a minimally invasive form of surgical intervention that makes use of a three-dimensional coordinate system to locate small targets inside the body and to perform on them some action such as ablation, biopsy, lesion, injection, stimulation, implantation, radiosurgery (SRS), etc.

<span class="mw-page-title-main">Varian Medical Systems</span> American healthcare company

Varian Medical Systems is an American radiation oncology treatments and software maker based in Palo Alto, California. Their medical devices include linear accelerators (LINACs) and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies software for managing cancer clinics, radiotherapy centers, and medical oncology practices. Varian Medical Systems employs more than 7,100 people at manufacturing sites in North America, Europe, and China and approximately 70 sites globally.

Elekta is a global Swedish company that develops and produces radiation therapy and radiosurgery-related equipment and clinical management for the treatment of cancer and brain disorders. Elekta has a global presence in more than 120 countries, with over 40 offices around the world and about 4,700 employees.

John R. Adler is an American neurosurgeon.

<span class="mw-page-title-main">Tomotherapy</span> Type of radiation therapy

Tomotherapy is a type of radiation therapy treatment machine. In tomotherapy a thin radiation beam is modulated as it rotates around the patient, while they are moved through the bore of the machine. The name comes from the use of a strip-shaped beam, so that only one “slice” of the target is exposed at any one time by the radiation. The external appearance of the system and movement of the radiation source and patient can be considered analogous to a CT scanner, which uses lower doses of radiation for imaging. Like a conventional machine used for X-ray external beam radiotherapy, a linear accelerator generates the radiation beam, but the external appearance of the machine, the patient positioning, and treatment delivery is different. Conventional linacs do not work on a slice-by-slice basis but typically have a large area beam which can also be resized and modulated.

Thomas “Rock” Mackie is a medical physicist.

The CyberKnife System is a radiation therapy device manufactured by Accuray. The system is used to deliver radiosurgery for the treatment of benign tumors, malignant tumors and other medical conditions.

<span class="mw-page-title-main">Mount Carmel Health System</span>

Mount Carmel Health System is the second-largest health care system in central Ohio. They employ over 8,000 employees and 1,500 doctors in their numerous outpatient facilities and their four hospitals: Mount Carmel East near Reynoldsburg, Mount Carmel Grove City in Grove City, Mount Carmel St. Ann's in Westerville, and Mount Carmel New Albany Surgical Hospital in New Albany. Mount Carmel also operates the Medicare Advantage plan MediGold. It is the second largest member of Trinity Health.

Carlos Alberto Pérez was an American radiation oncologist. He is well known for his contributions to the clinical management of patients, especially those with gynecologic tumors and carcinoma of the prostate, the breast and head and neck.

Professor Minesh P. Mehta, MD, FASTRO, is an American radiation oncologist and physician-scientist of Indian origin, Ugandan birth, Zambian Schooling and American Training, who contributed to the field of oncology for more than two and half decades.

James R. Doty, M.D., FACS, FICS, FAANS is a clinical professor of neurosurgery at Stanford University and founder and director of the Center for Compassion and Altruism Research and Education, an affiliate of the Stanford Neurosciences Institute. He is the author of a self-help book called Into the Magic Shop: A Neurosurgeon's Quest to Discover the Mysteries of the Brain and the Secrets of the Heart. Doty is also the Senior Editor of the Oxford Handbook of Compassion Science (2017).

Reno CyberKnife is a cancer treatment center in Reno, Nevada specializing in stereotactic radiosurgery. The center is a service of Saint Mary’s Regional Medical Center and is also a part of Saint Mary’s Brain Tumor Center. Reno CyberKnife is the only provider of CyberKnife technology in northern Nevada and frequently treats prostate and lung cancers and brain tumors.

Docrates Cancer Center is the first and currently the only private hospital in the Nordic countries that comprehensively specialises in cancer treatment. It operates in Helsinki, Finland. It characterises its operations as those complementing the public sector. Docrates Oy was established in 2006 and the hospital started its operations at the premises of Eira Hospital in autumn 2007. It moved to its own premises in Jätkäsaari, Helsinki, in 2009, where it has hospital rights. There is a ward and Health and Recovery Center located at Docrates Cancer Center. Among other things, diagnostics, pharmacotherapy, radiation therapy and isotopic treatments are carried out at the hospital. Cancer surgeries are performed in partner hospitals. Docrates also participates in clinical trials and the testing and development of new treatments.

RaySearch Laboratories is a Swedish medical technology company that develops software used in radiation therapy of cancer. The company markets its products worldwide and has subsidiaries in the United States, Singapore, Belgium, France, Germany, and the United Kingdom.

<span class="mw-page-title-main">Jay Loeffler</span> American physician

Jay Steven Loeffler was an American physician at Massachusetts General Hospital where he served as Chair of the Department of Radiation Oncology since 2000. He was the Herman and Joan Suit Professor of Radiation Oncology and Professor of Neurosurgery at Harvard Medical School.

<span class="mw-page-title-main">Daniel Przybysz</span> Brazilian radiation oncologist

Dr. Daniel Przybysz is a Brazilian Radiation-Oncologist. His practice is mainly focused on lung cancer treatment and high technology approaches toward better patient care

References

  1. ↑ "Accuray Is A Promising Radiation Oncology Buy In 2018 (NASDAQ:ARAY) | Seeking Alpha". seekingalpha.com. November 16, 2018. Retrieved January 9, 2023.
  2. ↑ "Accuray Incorporated : Annual Report for Fiscal Year Ending --06-30, 2022 (Form 10-K)". August 17, 2022.
  3. ↑ Saul, Stephanie (December 17, 2008). "Geography Has Role in Medicare Cancer Coverage". The New York Times. ISSN   0362-4331 . Retrieved January 9, 2023.
  4. ↑ Development, PodBean. "John Adler: How to Handle Money and Investors | The Health Technology Podcast". rosenman.podbean.com. Retrieved January 9, 2023.
  5. ↑ Ward's Business Directory of U.S. Private and Public Companies. Gale Research. 1998. ISBN   978-1-4144-0017-4.
  6. ↑ "Accuray IPO raises $288 mln, top of range". Reuters. February 8, 2007. Retrieved January 9, 2023.
  7. ↑ Feder, Barnaby J. (February 12, 2008). "A Medical Robot Makes Headway". The New York Times. ISSN   0362-4331 . Retrieved January 9, 2023.
  8. ↑ "Accuray to buy TomoTherapy for about $277 million". Reuters. March 7, 2011. Retrieved January 9, 2023.
  9. ↑ "Accuray to Acquire Morphormics, Inc". Fierce Healthcare. July 19, 2012. Retrieved January 9, 2023.
  10. ↑ Garde, Damian (July 17, 2012). "Accuray buys Morphormics for $5.7M". Fierce Biotech. Retrieved January 9, 2023.
  11. ↑ "Accuray Extends Ties with RaySearch Laboratories, Stock Up". Nasdaq. October 6, 2015.
  12. ↑ "CNNC Accuray Medical Technology receives safety license in China. – Free Online Library". www.thefreelibrary.com. Retrieved January 9, 2023.
  13. ↑ Crotti, Nancy (January 28, 2019). "Accuray partners with Chinese company to sell in China". Medical Design and Outsourcing. Retrieved January 9, 2023.
  14. ↑ FuturesMarketResearch (February 28, 2019). "Oncology Information System Market – Deep Research Analysis Report on Latest and Future Insights |". Medgadget. Retrieved January 9, 2023.
  15. ↑ "Transforming healthcare with software-based technology". Brainlab. Retrieved January 22, 2024.
  16. ↑ "GE HealthCare". www.gehealthcare.com. Retrieved January 22, 2024.
  17. ↑ "Software in radiation therapy and oncology". RaySearch Laboratories. Retrieved January 22, 2024.
  18. ↑ "Delta4 Family". Delta4 Family. Retrieved January 22, 2024.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.