Shares in Accuray (NSDQ:ARAY) dropped slightly today after the medical device maker missed expectations on Wall Street with its fiscal 3rd quarter results. The Sunnyvale, Calif.-based company posted losses of $5 million, or 6¢ per share, on sales of $97.3 million for the 3 months ended March 31, seeing the bottom-line swing into losses from reported […]
Accuray Inc.
Accuray wins Japanese regulatory nod for Radixact platform
Accuray (NSDQ:ARAY) said today it won approval from the Japanese Ministry of Health, Labor and Welfare for its Radixact treatment delivery platform designed for image-guided radiotherapy treatments designed for cancer patients. Clearances include the Radixact treatment delivery system, Accuray Precision treatment planning system and iDMS data management system, the Sunnyvale, Calif.-based company said. “The approval of […]
Accuray shares slide on Q2 miss
Shares in Accuray (NSDQ:ARAY) have fallen in after hours trading today after the medical device maker missed expectations on the street with its 2nd quarter earnings results. The Sunnyvale, Calif.-based company posted losses of $9.4 million, or 11¢ per share, on sales of $87.5 million for the 3 months ended December 31. That equates to a […]
Accuray touts 5-year CyberKnife data in prostate cancer trial
Accuray (NSDQ:ARAY) today released 5-year data from a study of its CyberKnife stereotactic body radiotherapy device for treating prostate cancer, touting a 97% rate of freedom from cancer at 5 years. Results from the study were presented at the American Society for Therapeutic Radiology & Oncology’s annual meeting in Boston. The 21-site, 309-patient trial looked to examine […]
Accuray wins CE Mark for Radixact platform
Accuray (NSDQ:ARAY) said today it won CE Mark approval in the European Union for its Radixact treatment delivery platform designed for image-guided radiotherapy treatments designed for cancer patients. Clearances include the Radixact treatment delivery system, Accuray Precision treatment planning system and iDMS data management system, the Sunnyvale, Calif.-based company said. “Radixact System availability in the EU […]
Accuray wins FDA nod for Radixact image-guided radiotherapy
Accuray (NSDQ:ARAY) said today it won FDA 510(k) clearance for its Radixact treatment delivery platform designed for image-guided radiotherapy treatments designed for cancer patients. The company said it also won FDA clearance for its Accuray Precision treatment planning system and iDMS data management system, components of its Radixact treatment platform. “The Radixact system builds upon the […]
Accuray, MedPhoton ink deal to integrate ImagingRing into CyberKnife
Accuray (NSDQ:ARAY) said today it inked a collaborative deal with MedPhoto GmbH to integrate its ImagingRing volumetric image guidance system into Accuray’s CyberKnife radiosurgery system. The ImagingRing system provides a range of imaging capabilities including large field-of-view cone beam CT, the Sunnyvale, Calif.-based company said. Through the agreement, Accuray will maintain exclusive development, sales and distribution […]
Accuray, GE Healthcare ink financing deal for Cyberknife, TomoTherapy
Accuray (NSDQ:ARAY) and GE Healthcare (NYSE:GE) said today they signed a collaborative agreement to develop financing options for Accuray’s CyberKnife and TomoTherapy systems. The companies said they hope the new financing program will make it easier for clinicians in Europe to offer patients treatments with the associated systems. “In today’s complex global healthcare environment, it’s important to […]
OmniGuide vet Avila gets picked as new IlluminOss CEO | Personnel Moves
IlluminOss Medical said today it picked ex-OmniGuide sales & marketing veep Manny Avila as its new chief exec. Prior to his time as sales & marketing veep with OmniGuide, Avila served as veep of commercial operations and surgical solutions in Europe for Covidien, and had management roles at Aspect Medical, Synthes Inc. and Haemonetics (NYSE:HAE), IlluminOss […]
Stryker eliminates international prez Subrahmanian’s role | Personnel Moves
Stryker (NYSE:SYK) said yesterday that it’s eliminating the role of international president held by Ramesh Subrahmanian as it reorganizes its overseas business. After Subrahmanian’s departure, effective Dec. 31, he’s slated to stay on until March 31, 2016, as an advisor, Stryker said in a regulatory filing. International sales were down across the board during Stryker’s […]
Accuray shares up on strong Q4, weak FY 2015 earnings
Accuray (NSDQ:ARAY) reported a strong 4th quarter as it saw losses grow faster than revenue for its fiscal year in an earnings report published yesterday. The company celebrated the largest volume of gross orders it’s seen since 2011, and a record grossing quarter for its CyberKnife system, according to an earnings conference call. “For the 4th quarter, […]