Varian Medical Systems and MED-TEC Announce Licensing Agreement for Patient Positioning Systems | Varian

Varian Medical Systems and MED-TEC Announce Licensing Agreement for Patient Positioning Systems

PALO ALTO, Calif. and ORANGE CITY, Iowa -- October 13, 2004 -- Varian Medical Systems (NYSE: VAR) and MED-TEC today announced that they have entered into a licensing agreement, whereby MED-TEC will produce patient positioning systems under Varian’s U.S. Patent No. 5,806,116. The agreement covers the full range of indexing systems produced by MED-TEC. As part of a previous partnership, MED-TEC manufactured Indexed Immobilization™ accessories for Varian’s Exact™ couch, which enables clinicians to position patients precisely and reproducibly for radiation therapy.Under this new agreement, MED-TEC will continue to serve as a preferred, licensed vendor of the Exact™ and Indexed Immobilization™ positioning technologies, including Exact-compatible inserts for CT and PET/CT systems. The two companies also plan to explore further collaboration possibilities for developing new patient positioning solutions and bringing them to the market.