Ion Beam Applications (OTCMKTS: IOBCF), headquartered in Louvain-la-Neuve, Belgium, is a global developer and provider of particle accelerator technology for cancer treatment and medical imaging. Founded in 1986 as a spin-off from the Catholic University of Louvain, the company has built its reputation on the design, manufacture and installation of cyclotron-based systems. Its core expertise lies in proton therapy solutions, which use high-energy proton beams to target tumors with precision, minimizing damage to surrounding healthy tissue.
The company’s flagship products include the Proteus® ONE and ProteusPLUS® proton therapy platforms. These systems integrate advanced beam delivery, imaging and treatment planning tools to support a range of clinical applications, from pediatric oncology to complex head and neck cancers. In addition to proton therapy, Ion Beam Applications offers cyclotron solutions for the production of radioisotopes used in positron emission tomography (PET) imaging. The Cyclone® line of compact cyclotrons enables hospitals and imaging centers to produce short-lived isotopes on site, improving patient access to diagnostic scans.
Beyond equipment sales, Ion Beam Applications provides comprehensive services throughout the project lifecycle. Its global network spans Europe, North America, Asia Pacific and the Middle East, delivering site assessment, turnkey installation, commissioning and ongoing maintenance. The company also offers training programs for clinical and technical teams, along with quality assurance tools and software to ensure high standards of safety and performance at treatment centers worldwide.
Under the leadership of Chief Executive Officer Vincent Mannaerts and a management team seasoned in medical technology and life sciences, Ion Beam Applications continues to pursue innovation in particle therapy and radiopharmaceutical production. The company collaborates with academic institutions, cancer centers and healthcare providers to advance research, expand clinical applications and improve patient outcomes. Through its integrated approach to proton therapy and PET diagnostics, Ion Beam Applications remains at the forefront of precision oncology solutions.
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