IBt Bebig partners with Core Oncology

AuntMinnieEurope.com staff writers
Dec 3, 2009

Brachytherapy developer International Brachytherapy (IBt) Bebig of Seneffe, Belgium, has announced a strategic alliance with Core Oncology of Santa Barbara, CA.

The agreement includes IBt Bebig making a $2 million (U.S.) investment in Core Oncology, in the form of a subordinated loan set to mature before the end of 2010, and covers cross marketing of products from both companies and the definition of mutual R&D programs, IBt Bebig said.

Related Reading

Eckert & Ziegler, IBt consolidate brachytherapy units, February 19, 2008

Core Oncology buys Mills brachytherapy unit, June 13, 2007

Copyright © 2008 AuntMinnie.com

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