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Sep 22, 2016 11:07 EST

Crowdability: HIL Applied Medical – Proton Beam Therapy for Cancer

iCrowdNewswire - Sep 22, 2016

HIL Applied Medical

Proton Beam Therapy for Cancer

COMPANY INFORMATION

Website:

http://www.hilappliedmedical.com/

Sector:

Health Care, Health & Wellness (non-internet/mobile), Medical Devices & Equipment

Location:

Jerusalem, Israel

A proton beam is a form of focused radiation used to treat solid tumors. It is superior to traditional radiation therapy (X-Ray, or Photons) in that it reduces damage to surrounding healthy tissue by 2X-6X, thereby reducing toxicities and improving patient survival and quality of life. Proton therapy is used routinely for treating many types of cancer; it is FDA-cleared (510k) and reimbursed by both Federal and private insurers.

Proton Therapy’s Unmet Need:

Proton beam therapy can help 300,000 cancer patients/year (US) – yet only 8,000 receive it (that’s less than 3%). Protons are arguably the most advanced form of radiation therapy – yet there are only 10 proton-therapy centers in the US (compare with 2,700 X-Ray radiation centers).

The main barrier to widespread adoption is the large size (football stadium) and high cost ($150-250M) of building and operating a center. Single-room solutions are slowly being introduced by some vendors for $30-40M.

The key to making protons available to every patient is a scalable, add-on, single-room solution for less than half the current price tag – while still maintaining very high beam quality and providing cutting-edge clinical capabilities such as PBS, IMPT, and more.

HIL’s technological breakthrough promises to bring about this revolution.

Contact Information:

HIL Applied Medical

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