Military University Hospital Prague Selects ViewRay's MRIdian® MRI-Guided Radiation Therapy System to Treat Cancer Patients

Rhea-AI Summary

ViewRay (NASDAQ: VRAY) announced that the Czech Ministry of Health has approved the acquisition of its MRIdian system, making it the first and only facility to provide advanced MRI-guided radiation therapy in the Czech Republic at the Military University Hospital Prague. This purchase, partially funded by the REACT-EU financial instrument, enhances cancer treatment options with precision technology that includes real-time tissue tracking and automatic beam control. Over 29,000 patients have already benefited from MRIdian systems, which are installed in 57 hospitals worldwide.

Positive

• Acquisition of MRIdian system enhances cancer treatment capabilities in the Czech Republic.
• First facility in the Czech Republic to offer MRI-guided radiation therapy.
• Supported by REACT-EU funding enhances financial stability.

Negative

• None.

First and only MRIdian in the Czech Republic to bring advanced MRI-guided radiation therapy to the region

DENVER, March 7, 2023 /PRNewswire/ -- ViewRay, Inc. (NASDAQ: VRAY) today announced the Czech Ministry of Health has approved the purchase of ViewRay's MRIdian system to bring advanced MRI-guided radiation therapy to treat its cancer patients at the Military University Hospital Prague in the Czech Republic. This is the first and only hospital to offer the precision of MRIdian Stereotactic MRI-guided Adaptive Radiotherapy (SMART) in the Czech Republic. The purchase was co-financed by the REACT-EU financial instrument and the founder's contribution, the Ministry of Defense of the Czech Republic.  

The Military University Hospital Prague is a training, educational, and professional medical facility of the Army of the Czech Republic. It provides comprehensive health care at the level of teaching hospitals to members of the Czech Army, war veterans, and people in and outside the region. The hospital has 10 clinics and 20 specialized departments, many collaborating to train medical students in medical schools. The hospital is equipped with modern technology and reflects contemporary trends in medicine.

"The acquisition of MRIdian marks another significant shift in the treatment of cancer patients throughout the Czech Republic and provides a highly sophisticated and gentle cancer treatment option at a world-class level," said Professor Miroslav Zavoral, M.D., Ph.D., Director of the Military University Hospital Prague. "The system offers precision with unparalleled MRI-quality visualization, real-time tissue tracking, and automatic beam control while allowing for adaptation during the planning and treatment process. The system will significantly improve the accuracy of radiation delivery in problematic areas of the abdominal cavity and mediastinum, thus enabling better-quality treatment. In addition, we can expect a higher probability of local tumor control and a longer survival time for cancer patients treated here."

The MRIdian system provides oncologists with outstanding anatomical visualization through diagnostic-quality MR images and the ability to adapt a radiation therapy plan to the targeted cancer with the patient on the table. This combination allows physicians to define tight treatment margins to avoid unnecessary radiation exposure of vulnerable organs-at-risk and healthy tissue and allows the delivery of ablative radiation doses in five or fewer treatment sessions without relying on implanted markers. MRIdian enables automatic gating of the radiation beam if the target moves outside the user-defined margins by providing continuous real-time tracking of the target and organs at risk. This allows for delivering the prescribed dose to the target while sparing surrounding healthy tissue and critical structures. This results in minimizing toxicities typically associated with conventional radiation therapy.

To date, over 29,000 patients have been treated with MRIdian. Currently, 57 MRIdian systems are installed at hospitals around the world, where they are used to treat a wide variety of solid tumors and are the focus of numerous ongoing research efforts. MRIdian has been the subject of hundreds of peer-reviewed publications, scientific meeting abstracts, and presentations. For a list of treatment centers, please visit: https://viewray.com/find-mridian-mri-guided-radiation-therapy/

Disclaimer:
Nothing in this material is intended to provide specific medical advice or to take the place of written law or regulations.

Safety Statement
The MRIdian Linac System is not appropriate for all patients, including those who are not candidates for magnetic resonance imaging. Radiation treatments may cause side effects that can vary depending on the part of the body being treated. The most frequent ones are typically temporary and may include, but are not limited to, irritation to the respiratory, digestive, urinary, or reproductive systems; fatigue; nausea; skin irritation; and hair loss. In some patients, side effects can be severe. Treatment sessions may vary in complexity and duration. Radiation treatment is not appropriate for all cancers. You should discuss the potential for side effects and their severity as well as the benefits of radiation and magnetic resonance imaging with your doctor to make sure radiation treatment is right for you.

About ViewRay
ViewRay, Inc. (Nasdaq: VRAY) designs, manufactures and markets the MRIdian® MRI-Guided Radiation Therapy System. MRIdian is built upon a proprietary high-definition MR imaging system designed from the ground up to address the unique challenges and clinical workflow for advanced radiation oncology. Unlike MR systems used in diagnostic radiology, MRIdian's high-definition MR was purpose-built to address specific challenges, including beam distortion, skin toxicity, and other concerns that potentially may arise when high magnetic fields interact with radiation beams. ViewRay and MRIdian are registered trademarks of ViewRay, Inc.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Private Securities Litigation Reform Act. Statements in this press release that are not purely historical are forward-looking statements. Such forward-looking statements include, among other things, ViewRay's financial guidance for the full year 2023, anticipated future orders, anticipated future operating and financial performance, treatment results, therapy adoption, innovation, and the performance of the MRIdian systems. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to commercialize the MRIdian Linac System, demand for ViewRay's products, the ability to convert backlog into revenue, the timing of delivery of ViewRay's products, the timing, length, and severity of the COVID-19 pandemic, including its impacts across our businesses on demand, our operations and global supply chains, the results and other uncertainties associated with clinical trials, the ability to raise the additional funding needed to continue to pursue ViewRay's business and product development plans, the inherent uncertainties associated with developing new products or technologies, competition in the industry in which ViewRay operates, and overall market conditions. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to ViewRay's business in general, see ViewRay's current and future reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and its Quarterly Reports on Form 10-Q, as updated periodically with the Company's other filings with the SEC. These forward-looking statements are made as of the date of this press release, and ViewRay assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.

 

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SOURCE ViewRay, Inc.

FAQ

What is the MRIdian system approved in the Czech Republic?

The MRIdian system is an advanced MRI-guided radiation therapy technology developed by ViewRay, designed for precision treatment of cancer.

When was the approval for ViewRay's MRIdian system announced?

The approval was announced on March 7, 2023.

Where will the MRIdian system be used in the Czech Republic?

It will be used at the Military University Hospital Prague.

How many MRIdian systems are currently installed worldwide?

As of now, there are 57 MRIdian systems installed globally.

What benefits does MRIdian provide for cancer treatment?

MRIdian offers real-time tracking, automatic beam control, and high-quality MRI visualization, allowing for better-targeted radiation therapy.