ViewRay Receives Chinese Regulatory Approval for its MRIdian System


Brings Benefits of MRI-Guided Radiation Therapy to Large and Growing Chinese Market



CLEVELAND - ViewRay, Inc. (Nasdaq: VRAY) announced today that the company has received China Food and Drug Administration (CFDA) approval for its MRIdian System, the world's first and only clinical MRI-guided radiation therapy system.



The MRIdian system is a unique medical instrument that integrates full-time MR imaging, cobalt radiation delivery, and intelligent software automation to treat cancers throughout the body. Using the MRIdian system, clinicians can see soft tissue, and visualize and adjust the dose — all in real time, on live anatomy. With MRIdian this is done without exposing the patient to the additional ionizing radiation that is common with other imaging modalities.



"China is one of the largest markets for medical devices in the world, so securing CFDA approval is an important step in our growth strategy," said Chris A. Raanes, president and chief executive officer of ViewRay. "Given its population and rising cancer incidence, we believe MRI-guided radiation therapy will be an important cancer fighting tool for doctors and their patients throughout China."



ViewRay is represented in China by Cowealth Medical Holding Co.



"We're pleased to partner with ViewRay to bring the benefits of MRIdian to China," said Duane Lee, president and chief executive officer of Cowealth.  "We believe MRI-guided radiation therapy is an essential advancement in radiation oncology and look forward to helping expand access to this vital treatment option."



About ViewRay

ViewRay®, Inc. (Nasdaq: VRAY), designs, manufactures and markets the MRIdian® radiation therapy system. MRIdian integrates MRI technology, radiation delivery and proprietary software to locate, target and track the position and shape of soft-tissue tumors during radiation. ViewRay believes this combination of enhanced visualization and accuracy will significantly improve outcomes for patients.



ViewRay and MRIdian are registered trademarks of ViewRay, Inc.



Source

ViewRay, Inc.



Contact: Michael Saracen, Senior Director, Marketing, ViewRay, Inc., Phone: +1 408-242-2994, Email: media@viewray.com

Web Site: http://www.viewray.com


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