STOCK TITAN

VRAY Stock Price, News & Analysis

VRAY NASDAQ

Company Description

ViewRay, Inc. (Nasdaq: VRAY) is a trailblazer in the field of MRI-guided adaptive radiotherapy. The company designs, manufactures, and markets the MRIdian® radiation therapy system, an innovative solution aimed at addressing the key limitations of conventional external-beam radiation therapy technologies. Using cutting-edge MRI-based technology, the MRIdian system provides real-time imaging that precisely distinguishes the targeted tumor from surrounding soft tissue and critical organs during radiation treatment.

One of the standout features of the MRIdian system is its capability to record the level of radiation exposure the tumor receives and adapt the treatment prescription as needed. This adaptive approach enhances the safety and efficacy of radiation therapy, which ViewRay believes will lead to better patient outcomes.

ViewRay has established itself as a visionary in the medical field, dedicated to providing doctors with advanced tools to improve cancer treatment through radiation therapy. The company prides itself on its entrepreneurial spirit and unwavering commitment to innovation and excellence.

Among its recent achievements, ViewRay announced that the VA Oklahoma City Healthcare System has selected the MRIdian system to expand its radiation therapy services. This marks the first cancer center in Oklahoma to offer Veterans access to MRIdian's advanced MRI-guided radiation therapy. The system will enable precision treatment for various cancers, including pancreas, prostate, lung, liver, breast, and oligometastatic disease.

The Veterans Health Administration, the largest integrated healthcare system in America, is actively incorporating MRIdian technology across multiple VA medical centers. This expansion highlights the growing recognition of MRIdian's short-course non-invasive therapy, which promises fewer side effects and improved quality of life for patients.

To date, over 31,000 patients worldwide have been treated using MRIdian systems, with 62 installations in hospitals across the globe. These systems are employed to treat a diverse range of solid tumors and are subjects of numerous ongoing research studies. The MRIdian system has been featured in hundreds of peer-reviewed publications and scientific presentations, underscoring its clinical significance and impact.

For a list of treatment centers utilizing MRIdian technology, visit ViewRay's website.

Stock Performance

$—
0.00%
0.00
Last updated:
- %
Performance 1 year
$0.0
Market Cap
0.0
Shares outstanding

SEC Filings

No SEC filings available for VRAY.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Diluted EPS (TTM)
Operating Cash Flow
Net Profit Margin
Oper. Profit Margin

Upcoming Events

Frequently Asked Questions

What does ViewRay, Inc. specialize in?

ViewRay, Inc. specializes in designing, manufacturing, and marketing the MRIdian® MRI-Guided Radiation Therapy System, which provides real-time imaging during radiation treatments.

What is the MRIdian® system?

The MRIdian® system is an MRI-guided radiation therapy technology that enables real-time imaging to distinguish tumors from surrounding tissues and adapt treatment accordingly.

What recent achievement has ViewRay announced?

ViewRay announced that the VA Oklahoma City Healthcare System will offer MRIdian's MRI-guided radiation therapy, making it the first cancer center in Oklahoma to provide this advanced treatment.

How many patients have been treated with the MRIdian system?

Over 31,000 patients have been treated with the MRIdian system globally.

How many MRIdian systems are currently installed worldwide?

There are currently 62 MRIdian systems installed in hospitals around the world.

What types of cancer can be treated with MRIdian?

The MRIdian system can treat a wide range of cancers, including pancreas, prostate, lung, liver, breast, and oligometastatic disease.

Why is MRIdian considered advanced in radiation therapy?

MRIdian is advanced because it incorporates real-time MRI imaging, adaptive radiation therapy, and precise dose recording, leading to better visualization and treatment accuracy.

What are some common side effects of radiation therapy with MRIdian?

Common side effects may include temporary irritation to various body systems, fatigue, nausea, skin irritation, and hair loss.

Is MRIdian suitable for all patients?

No, MRIdian may not be suitable for all patients, especially those who cannot undergo magnetic resonance imaging. Consult a doctor for personalized advice.

Where can I find more information about MRIdian treatment centers?

For more information about MRIdian treatment centers, visit ViewRay's website at https://viewray.com/mridian-treatment-centers/.