American Shared Hospital Services of San Francisco has invested $2 million for an equity interest in Still River Systems, a proton beam radiation therapy (PBRT) development company in Littleton, MA.
Still River is collaborating with scientists from the Boston-based Massachusetts Institute of Technology's Plasma Science and Fusion Center to develop a PBRT device, the Clinatron-250, American Shared said.
American Shared also reported that it has purchased a $1 million option to acquire two Clinatron-250 PBRT systems from Still River for anticipated delivery in 2008.
By AuntMinnie.com staff writers
April 11, 2006
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