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Accuray Asia Limited and CNNC High Energy Equipment (Tianjin) Co., Ltd., a subsidiary of China Isotope and Radiation Corporation, formed a joint venture named CNNC Accuray (Tianjin) Medical Technology Co., Ltd. to manufacture and sell radiation oncology systems in China. CIRC's subsidiary will own 51% and Accuray's subsidiary 49%.
“Accuray and CIRC believe that the JV...will be uniquely positioned to serve the world's largest growth market for radiation oncology systems.”biopharmawatch.com
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