Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAVO.L Share News (AVO)

  • There is currently no data for AVO

Advanced Oncotherapy Makes Progress On LIGHT Development Milestones

Tue, 29th Mar 2016 07:53

LONDON (Alliance News) - Proton therapy systems developer Advanced Oncotherapy PLC on Tuesday said it has continued to make progress on development milestones for its LIGHT proton accelerator device.

Advanced Oncotherapy said the proton source has been fully assembled in France, and the company has now taken charge of the unit. It expects it to be shipped to its site in Geneva once testing has been carried out in France.

Advanced Oncotherapy added the four modules which make up the Radio Frequency Quadruple, a technology it has licensed from CERN, has been assembled in Geneva and tuning will start at the end of March.

The development of the LIGHT system remains on track, the company said, with further integration and testing work to continue through 2016.

Advanced Oncotherapy shares were up 1.6% to 7.75 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

Related News

IN BRIEF: Advanced Oncotherapy financing talks continue, funds delayed
3 May 2024

IN BRIEF: Advanced Oncotherapy financing talks continue, funds delayed

Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - Provides update in relation to financing discussions and fin...

TRADING UPDATES: Sareum ups retail offer; SThree nabs former ITV exec
2 Apr 2024

TRADING UPDATES: Sareum ups retail offer; SThree nabs former ITV exec

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

EARNINGS AND TRADING: Frontier IP sells last of Exscientia holding
29 Feb 2024

EARNINGS AND TRADING: Frontier IP sells last of Exscientia holding

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

AVO.L News

IN BRIEF: Advanced Oncotherapy financing talks continue, funds delayed
3 May 2024

IN BRIEF: Advanced Oncotherapy financing talks continue, funds delayed

Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - Provides update in relation to financing discussions and fin...

TRADING UPDATES: Sareum ups retail offer; SThree nabs former ITV exec
2 Apr 2024

TRADING UPDATES: Sareum ups retail offer; SThree nabs former ITV exec

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

EARNINGS AND TRADING: Frontier IP sells last of Exscientia holding
29 Feb 2024

EARNINGS AND TRADING: Frontier IP sells last of Exscientia holding

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Advanced Oncotherapy eyes USD15 million tranche in February
2 Feb 2024

IN BRIEF: Advanced Oncotherapy eyes USD15 million tranche in February

Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - Regarding its recapitalisation plan, company works alongside...

IN BRIEF: Advanced Oncotherapy in advanced talks regarding loan
9 Jan 2024

IN BRIEF: Advanced Oncotherapy in advanced talks regarding loan

Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - Continues to work on its recapitalisation plan with an unnam...

IN BRIEF: Advanced Oncotherapy in talks over possible cash injection
23 Oct 2023

IN BRIEF: Advanced Oncotherapy in talks over possible cash injection

Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - Updates on financing discussions and current financial posit...

IN BRIEF: Advanced Oncotherapy results delayed, funding talks continue
3 Oct 2023

IN BRIEF: Advanced Oncotherapy results delayed, funding talks continue

Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - On Friday, says it is not in a position to publish its accou...

Advanced Oncotherapy plans to raise up to GBP110 million
17 Jul 2023

Advanced Oncotherapy plans to raise up to GBP110 million

(Alliance News) - Advanced Oncotherapy PLC on Monday announced a prospective recapitalisation and funding plan to raise up to GBP110 million.