RaySearch Laboratories AB (publ) is pleased to announce that Heyou Hospital, located in Foshan City, Guangdong Province, China, has placed an order for the treatment planning system RayStation®*. Total order value (including service contract) is RMB 51 million (approximately SEK 77 million), of which RMB 18 million (approximately SEK 26 million) will be recognized in the first quarter of 2025. This is the third largest order ever for RaySearch and the largest since December 2022. Heyou Hospital is RaySearch’s first customer with a combined Hitachi carbon ion and proton machine.
Heyou Hospital is a world-class medical institution offering personalized healthcare and high-quality research with special emphasis on areas such as oncology, neurology, orthopedics, and neurosurgery.
In 2021 Heyou Hospital bought a combined Hitachi carbon ion and proton machine. This will now be complemented with RayStation, which will also be used for treatment planning for the hospital’s conventional photon treatment machines.
Ion beam therapy is the most advanced form of external radiotherapy, where the tumor is irradiated with protons or carbon ions. Compared to conventional radiotherapy, where the tumor is irradiated with photons, the energy deposition of the ion beams can be controlled more precisely. This reduces the radiation dose to healthy tissues, leading to a reduction of treatment-related side effects.
The market for particle treatments (protons/carbon ions/BNCT) is growing rapidly in China. RaySearch is the market leader in treatment planning for particle treatments, a position that is further strengthened by this new order.
The purchase will give Heyou Hospital access to advanced RayStation technologies such as pencil beam scanning, robust optimization, linear energy transfer optimization, proton arc optimization, graphic processing unit (GPU) accelerated dose calculations, and adaptive replanning support.
Johan Löf, founder and CEO, RaySearch: “I am pleased to announce our collaboration with Heyou Hospital and the significant order for RayStation. I look forward to deepening our relationship and to a fruitful cooperation in advanced radiation therapy.”
This information is information that RaySearch Laboratories AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 10:55 am CET on March 4, 2025.
About Heyou Hospital
Heyou Hospital, an integral part of Heyou International Health System, is a high-end medical institution built to world-class standards, targeting self-paying and high-end commercial insurance clients with high expectations for care and environment. Combining advanced medical technology, a top-tier talent team, and international quality standards, Heyou Hospital provides comprehensive services including physical examinations, outpatient care, hospitalization, integrated medical treatment, dentistry, and health management. With a focus on patient-centered care, it offers a private, comfortable environment and a five-star hotel-style experience to meet the full spectrum of health needs throughout the life cycle.
About RaySearch
RaySearch Laboratories AB (publ) is a medical technology company that develops innovative software solutions for improved cancer treatment. RaySearch markets the RayStation®* treatment planning system (TPS) and the oncology information system (OIS) RayCare®*. The most recent additions to the RaySearch product line are RayIntelligence® and RayCommand®*. RayIntelligence is an oncology analytics system (OAS) which enables cancer clinics to collect, structure and analyze data. RayCommand, a treatment control system (TCS), is designed to link the treatment machine and the treatment planning and oncology information systems.
RaySearch’s software has been sold to over 1,000 clinics in 44 countries. The company was founded in 2000 as a spin-off from the Karolinska Institute in Stockholm and the share has been listed on Nasdaq Stockholm since 2003. More information is available at raysearchlabs.com.
About RayStation
RayStation®* is a flexible, innovative treatment planning system, chosen by many leading cancer centers worldwide. It combines unique features such as unmatched adaptive therapy capabilities, multi-criteria optimization, market-leading algorithms for treatment plan optimization for HDR brachytherapy and external beam therapy with photons, electrons, and protons, as well as helium and carbon ions. RayStation supports a wide range of treatment machines, providing one control center for all treatment planning needs and ensuring centers get greater value from existing equipment. RayStation also seamlessly integrates with RayCare®*. By harmonizing the treatment planning, the care of cancer patients worldwide is improved.
* Subject to regulatory clearance in some markets.
For more information, please contact:
Johan Löf, founder and CEO, RaySearch Laboratories AB (publ)
Telephone: +46 (0) 8 510 530 00
johan.lof@raysearchlabs.com