EIB grants Elekta over SEK 1.1 billion loan for new cancer treatments

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EIB grants Elekta over SEK 1.1 billion loan for new cancer treatments
Photo: Janerik Henriksson/TT

The loan will go towards developing treatments for several cancers and neurological diseases. It supports the Stockholm-based company's research in areas such as radiotherapy and radiosurgery, and also goes towards the software for the treatments.

“The financing gives us greater flexibility to execute our long-term strategy and continue to invest in innovations that improve treatment outcomes, streamline operations and provide a better patient experience,” says Elekta's CFO Klara Eiritz in a press release.

The majority of the work will be carried out in Sweden and the Netherlands. The EIB loan will cover up to half of the investments.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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