Elekta's Board announces establishment of philanthropic Elekta Foundation

Rhea-AI Summary

On August 25, 2021, shareholders of Elekta approved the establishment of the Elekta Foundation at the Annual General Meeting. This foundation aims to enhance access to cancer care in low- and middle-income countries, aligning with Elekta's ESG strategy. The foundation will focus on raising awareness for cancer prevention, strengthening healthcare infrastructure, and expanding education for healthcare professionals. Elekta's Chairman, Dr. Laurent Leksell, emphasized the need for improved cancer care access, particularly for women's health issues in Africa. The foundation will operate under the Swedish Foundations Act.

Positive

• Establishment of the Elekta Foundation aimed at improving cancer care access in low- and middle-income countries.
• Focus on women's health and reducing breast and cervical cancer burden in Africa.
• Initiatives to raise awareness, strengthen healthcare infrastructure, and expand training for healthcare providers.

Negative

• None.

STOCKHOLM, Aug. 26, 2021 /PRNewswire/ -- At its Annual General Meeting on August 25, Elekta's (EKTA-B.ST) shareholders approved the Board of Directors' proposal to establish the Elekta Foundation. The Elekta Foundation's mission is an important part of Elekta's environmental, social, and governance (ESG) strategy and priorities. Its mission is to initiate and support projects and programs in partnership with governments, NGOs and healthcare providers in low- and middle-income countries to improve access to cancer care.

Dr. Laurent Leksell, Elekta's Chairman of the Board, says: "As a global leader in oncology, one of Elekta's key priorities is to make cancer care more accessible in underserved communities. In most low- and middle-income countries, cancer patients have very limited access and the possibility to receive adequate cancer care. There is also a strong need to support healthcare providers in many of these countries to expand training and education of healthcare professionals. The Foundation is an important and integral part of Elekta's ESG strategy to support the United Nations social development goals. One area of particular importance is to improve women's' health and reduce the burden of breast and cervical cancer in Africa."

The Foundation will focus on three key areas to improve access to cancer care in low- and middle-income countries, which will be developed as the organization and administration take shape:

• Increase Awareness & Prevention – Contributing to raising awareness of the need for cancer control, prevention, early detection and treatment options to healthcare providers, primary care centers and the general public.
• Strengthen Cancer Care Infrastructure – develop models and programs to scale up sustainable, effective and safe cancer care.
• Expand Training & Education – Supporting research, peer-to-peer clinical training and other educational efforts to strengthen sustainable access to cancer care.

The Elekta Foundation will be subject to the rules of the Swedish Foundations Act (Stiftelselagen) and will be governed by the County Administrative Board (Länsstyrelsen).

For further information, please contact:
Mattias Thorsson, Vice President, Head of Corporate Communications
Tel: +46 70 865 8012, e-mail: Mattias.Thorsson@elekta.com  
Time zone: CET: Central European Time

Raven Canzeri, Global Director, Media Relations
Tel: +1 770-670-2524, e-mail: Raven.Canzeri@elekta.com
Time zone: ET: Eastern Time

About Elekta
For almost five decades, Elekta has been a leader in precision radiation medicine. Our more than 4,400 employees worldwide are committed to ensuring everyone in the world with cancer has access to – and benefits from – more precise, personalized radiotherapy treatments. Headquartered in Stockholm, Sweden, Elekta is listed on NASDAQ Stockholm Exchange. Visit elekta.com or follow @Elekta on Twitter.

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SOURCE Elekta

FAQ

What is the mission of the Elekta Foundation?

The Elekta Foundation aims to improve access to cancer care in low- and middle-income countries by raising awareness, strengthening healthcare infrastructure, and expanding training for healthcare professionals.

When was the Elekta Foundation established?

The Elekta Foundation was established on August 25, 2021, following approval at Elekta's Annual General Meeting.

How does the Elekta Foundation contribute to women's health?

The Elekta Foundation focuses on reducing the burden of breast and cervical cancer in Africa, which is a significant aspect of its mission.

Under which regulations will the Elekta Foundation operate?

The Elekta Foundation will be governed by the Swedish Foundations Act and overseen by the County Administrative Board.

What are the key areas of focus for the Elekta Foundation?

The foundation's key areas include increasing awareness and prevention, strengthening cancer care infrastructure, and expanding training and education for healthcare providers.