Varian Medical's Linear Accelerator Debuts in India - Analyst Blog

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Varian Medical Systems ' ( VAR ) upgraded Clinac medical linear accelerator was used for the first time in India at Yashoda Cancer Institute - a cancer center based in Hyderabad - for advanced lung, liver and brain radiotherapy treatments.

With High Intensity Mode dose delivery capability, this accelerator from VAR allows doctors to shorten treatment times and deliver stereotactic body radiotherapy and stereotactic radiosurgery for tumors that are difficult to treat.

Stereotactic body radiotherapy and stereotactic radiosurgery require fewer treatment sessions for the delivery of the total dose, with a greater portion of the dose delivered each session. Thus, the conventional treatment times of five to six weeks can be reduced to just a few days. This benefits the patients by reducing the number of times they need to visit the hospital, in turn helping them get back to their normal routine quickly.  

By offering an alternative to surgery, VAR's High Intensity Mode accelerator also plays an important role in the treatment of elderly lung cancer patients who are considered inoperable.

In addition to stereotactic treatments, the cancer center also uses VAR's advanced accelerator in combination with the latter's image-guided RapidArc radiotherapy to treat tumors. With the RapidArc technology, the machine moves in a circular motion around the patient. During the rotation, the beam is constantly shaped and reshaped to match the shape and size of the tumor, hence delivering quick and accurate treatment.

The adoption of VAR's upgraded accelerator at Yashoda Cancer Institute is in line with the objective of a recent Oncology Summit organized by the company in Mumbai, India. The summit addressed a wide range of topics in the sphere of radiotherapy and radiosurgery treatment.

Amongst other things, the convention focused on major advances in radiation oncology technology, emerging technologies to treat different types of cancer, expanding cancer care access in India and other countries, regulatory issues in radiotherapy practice and new medical options for cancer patients.

VAR continues to deliver revolutionary capabilities in radiotherapy and radiosurgery to advance precise, accurate and efficient treatment for cancer patients around the world.

Last month, VAR inked a $20 million deal with Prime Healthcare Services - one of the largest privately owned hospital networks in the U.S. - to be its exclusive technology supplier for image-guided radiotherapy and radiosurgery. The seven-year agreement with VAR aims at enhancing and extending radiotherapy and radiosurgery cancer treatment capabilities at Prime Healthcare.

In April this year, VAR also cut a similar deal with UnityPoint Health to exclusively supply software and devices for image-guided radiotherapy and radiosurgery. Going forward, VAR has more of such multi-year deals in the pipeline that will offer integrated, accountable and coordinated care.

Currently, VAR carries a Zacks Rank #3 (Hold). Some better-ranked medical instruments stocks include Accuray Incorporated ( ARAY ), Masimo Corporation ( MASI ) and Alphatec Holdings, Inc. ( ATEC ). While Accuray and Masimo sport a Zacks Rank #1 (Strong Buy), Alphatec Holdings carries a Zacks Rank #2 (Buy).


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: VAR , ARAY , MASI , ATEC

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