Image-guided therapy developer ViewRay has formed a partnership with Siemens Healthcare of Malvern, PA.
The exclusive development and supply agreement for MRI technology will aim to accelerate the development of ViewRay's Renaissance MRI-guided radiation therapy device, according to the Oakwood Village, OH-based vendor.
In other ViewRay news, the company has closed on the second tranche of its $25 million Series B financing. The funding, which was led by OrbiMed Advisors and Fidelity Biosciences, was triggered by a development milestone for Renaissance.
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