Calypso Medical signs development agreement with Siemens Healthcare

Thu. November 05, 2009; Posted: 10:00 AM

Nov 05, 2009 (Datamonitor via COMTEX) -- SI | Quote | Chart | News | PowerRating -- Calypso Medical Technologies, a developer of real-time localization technology used for the precise tracking of tumor targets, has entered into a strategic development agreement with Siemens Healthcare to jointly develop products integrating the Calypso system with the Siemens Artiste linear accelerator and other Siemens radiotherapy technologies.

Calypso and Siemens have already demonstrated the feasibility of multileaf collimator (MLC) tracking through a partnership with the German Cancer Research Center, a biomedical research institute in Germany.

MLC tracking enables the radiation beam to move in concert with the tumor target based on real-time tracking data provided by the Calypso system, thereby enabling faster, more precise delivery of radiation with a higher degree of accuracy and confidence.

Holger Schmidt, CEO of oncology care systems for Siemens Healthcare, said: "We are very pleased with the master development agreement with Calypso Medical as this will allow us to more rapidly develop new approaches for the delivery of radiation therapy. We believe our technologies complement one another ideally and once fully integrated may lead to improved outcomes and a better quality-of-life for all cancer patients."

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For full details on Siemens Aktien (SI) click here. Siemens Aktien (SI) has Short Term PowerRatings of 6. Details on Siemens Aktien (SI) Short Term PowerRatings is available at This Link.

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