Report Publication Announcement • Sep 6, 2016
Report Publication Announcement
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Louvain-la-Neuve - 6 September 2016 - IBA (Ion Beam Applications S.A.), the world leader in proton therapy solutions for cancer treatment, is celebrating its 30th anniversary. To mark the occasion, over 600 guests are expected tonight in Louvain-la-Neuve. Key company representatives, namely Yves Jongen - founder and Chief Research Officer, Olivier Legrain - CEO, and Pierre Mottet - Chairman of the Board, will use this festive and music-filled backdrop to revisit the reasons for the Company's success and talk about the opportunities that lie ahead.
An internal event will also take place to thank employees for their work, commitment and professionalism.
IBA's story begins in the early 80s when Yves Jongen sets his sights on making cyclotrons available for medical purposes. Under the aegis of UCL he assembled a team that shared his passion for this ambitious project. Pierre Mottet was among them.
The whole team shares a vision and values: the passion, ambition and desire to preserve IBA's Belgian roots, of which they are proud, both in terms of its shareholders and the creation of highquality jobs.
In its first year, IBA sold an initial four cyclotrons and experienced explosive growth, resulting in the number of employees tripling. That was the beginning of the success story.
Today, with approximately 50% of the proton therapy market, IBA is still the world leader in solutions for proton therapy, the most advanced form of radiotherapy for treating cancer currently available. Specifically, the technology makes it possible to target a tumour with unrivalled precision without damaging the surrounding healthy tissue. IBA also develops dosimetry solutions in radiotherapy and radiology, as well as particle accelerators for medical and industrial applications.
IBA's success continues. The business has experienced accelerated growth and sales in proton therapy over the past 24 months, evidence of the Belgian Company's dynamism and of the quality of its products and services, bringing worldwide recognition and still more opportunities for growth.
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Yves Jongen, founder and Chief Research Officer, said: "Our initial objective was to develop a technology to improve cancer treatment and create high-quality employment in Belgium through an ambitious and innovative project. Now, 30 years later, our commitment has remained the same and we are pursuing innovation by identifying new technological opportunities that will allow us to provide increasingly high standards while reducing treatment costs".
Olivier Legrain, Chief Executive Officer of IBA, added: "More than ever we believe in IBA's mission to protect, improve and save lives. Our goal today is to make proton therapy accessible to greater numbers of patients, and we will achieve this thanks to the passion, energy and skill of IBA's employees".
Pierre Mottet, Chairman of the Board, concluded: "From the beginning, IBA's DNA has made the difference. We are proud of this company which creates, innovates, stimulates and passionately believes in its employees; a company that is committed to helping improve patients' quality of life, that is committed to its clients, employees, shareholders, the community and, more broadly, to current and future generations across the world."
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IBA (Ion Beam Applications S.A.) is a global medical technology company focused on bringing integrated and innovative solutions for the diagnosis and treatment of cancer. The company is the worldwide technology leader in the field of proton therapy, considered to be the most advanced form of radiation therapy available today. IBA's proton therapy solutions are flexible and adaptable, allowing customers to choose from universal full-scale proton therapy centers as well as compact, single room systems. In addition, IBA also has a radiation dosimetry business and develops particle accelerators for the medical world and industry. Headquartered in Belgium and employing about 1,400 people worldwide, IBA has installed systems across the world.
IBA is listed on the pan-European stock exchange NYSE EURONEXT (IBA: Reuters IBAB.BR and Bloomberg IBAB.BB).
More information can be found at: www.iba-worldwide.com.
Thomas Ralet Vice President of Corporate Communication +32 10 47 58 90 [email protected]
Whyte Corporate Affairs Marine Catlin +32 2 738 06 32 [email protected]
Consilium Strategic Communications Jonathan Birt, Matthew Neal, Ivar Milligan +44 (0) 20 3709 5700 [email protected]
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