RaySearch and Siemens dissolve partnership
In May 2009 RaySearch Laboratories AB (publ.) entered into a long-term development and licensing agreement with Siemens Healthcare. Under the agreement RaySearch provided a number of treatment planning modules for integration in Siemens’ syngo® Suite for Oncology, which is Siemens’ integrated workflow solution for radiation therapy. RaySearch and Siemens have now agreed to terminate the development and licensing agreement and end the partnership. Under the termination agreement, Siemens will pay RaySearch a onetime fee of approximately one million Euros and provide certain IP rights
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