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Penn Medicine and IBA Launch Proton Therapy Joint Venture

Original: Penn Medicine, IBA Form Joint Venture to Advance Proton Therapy, Radiation Oncology

Penn Medicine and Belgian medical technology company IBA have formed a joint venture aimed at advancing proton therapy and radiation oncology. The partnership will combine Penn Medicine's clinical expertise with IBA's technology to develop and expand proton therapy treatments for cancer patients.

Why now: A major academic health system and a leading radiation technology company are partnering, signaling growth in the proton therapy market.

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