Read the story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Advanced Oncotherapy says 2021 to be important year

% of readers think this story is Fact. Add your two cents.

Advanced Oncotherapy PLC (LON:AVO) said 2021 is set to be an important year as it aims to have the first LIGHT system generating a full energy beam, alongside the start of treating patients with clinical partner UHB.

The firm said it has made progress at its Daresbury site over the past year, while the ongoing work at the site to optimise its machine installation process will reduce the start-up time for future LIGHT systems and support the assembly of future machines through commercial contracts.

READ: Advanced Oncotherapy builds commercial traction with Saba deal, says research house

The financing agreements announced during the period will be key to continuing the development of the LIGHT system and advancing the pipeline of construction opportunities, the group added.

The developer of next-generation proton therapy systems said it has signed commercial partnerships and will continue to seek further opportunities for partnerships and future purchase orders of the LIGHT system.

It expressed confidence about future orders of the LIGHT system and expects further acceleration of its commercial pipeline when the machine is fully operational.

In the year ended 31 December 2020, loss before tax came in at £25mln as the group isn’t generating revenue yet.

“Research published in 2020 and in the first half of 2021 holds great promise for the use of LIGHT in two exciting new treatment areas,” noted chief executive Nicolas Serandour in a release.

“A study published by the Mayo Clinic highlighted the benefits of combining a high-density proton radiation beam, such as the one designed with LIGHT, with immuno-oncology drugs to more effectively treat a wider range of patients than is possible with proton therapy or immunotherapy alone, including those with metastatic cancers. The constant proton beam output intensity of LIGHT also offers an ideal platform for FLASH radiotherapy in which patients, regardless the location of the tumour in the body, are treated in one single visit, as opposed to the usual 20-35 visits.”

“Despite COVID-19, this has been a strong operational period for the company… Looking ahead, we are confident in our ability to meet our targets,” he concluded.

Story by ProactiveInvestors


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.