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Last €26.45 EUR
Change Today -0.39 / -1.45%
Volume 49.1K
IBAB On Other Exchanges
EN Brussels
As of 11:35 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

ion beam applications (IBAB) Snapshot

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08/5/15 - €31.50
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09/1/14 - €11.57
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ion beam applications (IBAB) Details

Ion Beam Applications, SA, a medical technology company, focuses on providing solutions for the diagnosis and treatment of cancer in Belgium, the United States, and internationally. It operates through two segments, Proton Therapy and Particle Accelerators, and Dosimetry. The Proton Therapy and Particle Accelerators segment develops, fabricates, and services medical and industrial particle accelerators, and proton therapy systems. This segment offers turnkey solutions for the treatment of cancer through the use of proton beams; and a line of cyclotrons used for the production of positron emission tomography or single photon emission computed tomography radioisotopes, as well as a line of industrial accelerators for sterilization and ionization. The Dosimetry segment provides measurement and quality assurance instruments for radiotherapy and medical imaging to enable healthcare professionals to verify that equipment administers the planned dose to the targeted area. Ion Beam Applications, SA was founded in 1986 and is headquartered in Louvain-la-Neuve, Belgium.

1,071 Employees
Last Reported Date: 05/1/15
Founded in 1986

ion beam applications (IBAB) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: €639.5K
Compensation as of Fiscal Year 2014.

ion beam applications (IBAB) Key Developments

Ion Beam Applications, S.A. Reports Consolidated Earnings Results for the First Half of 2015; Revised Revenue Guidance for the Year 2015

Ion Beam Applications, S.A. reported consolidated earnings results for the first half of 2014. For the period, the company reported sales & services of EUR 120.997 million against EUR 98.159 million a year ago. Recurring earnings before interest, taxes, depreciation and amortization was EUR 14.605 million against EUR 12.251 million a year ago. Recurring earnings before interest and taxes was EUR 12.614 million against EUR 9.645 million a year ago. Net profit was EUR 14.450 million against EUR 7.441 million a year ago. For the year 2015, the company’s revenue guidance increased from "above 10%" to 15-20% growth.

IBA Extends Collaboration Agreement with Guangdong Hengju Medical

Ion Beam Applications SA, or IBA, a medical technology company, has signed an extension to the collaboration agreement with Guangdong Hengju Medical Technologies Co. Limited for two additional gantry treatment rooms. This binding agreement for two additional gantry treatment rooms, equipped with the next generation Pencil Beam Scanning capability, is worth approximately EUR 20 million to IBA. In December 2014, IBA signed its first collaboration agreement with Guangdong Hengju Medical Technologies Co. Limited to jointly install the first proton therapy system in South China. This agreement is worth approximately EUR 30 million to IBA. With a total of three rooms planned, the facility is expected to open in 2017.

Ion Beam Applications S.A. Partners with Proton Partners International to Install Three Proton Therapy Solutions in UK

Ion Beam Applications S.A. or IBA has signed three separate binding term sheets, with Proton Partners International, or PPI, to install three ProteusONE compact proton therapy solutions in private clinics in the UK. Each term sheet covers delivery of the ProteusONE equipment, including next generation Pencil Beam Scanning (PBS) and Cone Beam CT (CBCT) capabilities, and a ten-year maintenance agreement. The typical end-user price for a ProteusONE system with such a maintenance contract is between EUR 35 and 40 million. These three centers will be the eighth, ninth and tenth installations of IBA's compact single-room proton therapy solution and are expected to treat the first patients in 2017. The proton therapy center in Newport will treat patients from Wales, the south-west of England and the Midlands, and the center in Newcastle will treat patients from the North of England. The location of the third center will be announced at a later date. These three projects follow the framework agreement that IBA and Philips signed in September 2014 to advance the diagnosis and treatment of cancer and demonstrate the efficiency of the collaboration between the two organizations.


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