Elekta announces collaboration with ViewRay for the advancement of MR-guided radiation therapy and investment in minority stake through a public offering
STOCKHOLM, December 2, 2019 – Elekta AB (EKTA-B.ST) announced today that the company has signed a non-binding Memorandum of Understanding with ViewRay, Inc. (Nasdaq: VRAY) to advance the knowledge and application of MR-guided radiation therapy. In connection with the collaboration, Elekta has committed to make an investment in ViewRay representing approximately 9.9 percent of the shares of ViewRay’s common stock, outstanding after the public offering, to be announced by ViewRay, on a fully diluted basis. The key objective of the collaboration is to advance MR-Linac technology and its