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Accuray Hosts Korean Embassy's Minister for Economic Affairs at Event to Support the U.S.-Korea Free Trade Agreement
Date:6/24/2011

ale biotech and medical technology companies in bringing their technologies to patients in Korea and noted the accomplishments of area manufacturers in the life sciences sector. 

Mr. Mark Deem, partner of the medical technology incubator, The Foundry and Mr. Tom Loarie, executive chairman of Mercator MedSystems shared their experiences bringing biotech innovations to market and highlighted the need for open markets and fair regulatory and payment schemes worldwide to support development of technologies that can improve the lives of patients. Mr. Fred Kinder, a former CyberKnife patient, spoke of the need for access to medical technologies for all patients. Other organizations representing the local biotech and business community included the California Healthcare Institute, the U.S. Department of Commerce's Silicon Valley Export Assistance Center, and the San Jose and Western regional offices of the U.S. Chamber of Commerce.

"We came to Accuray today to hear from Bay Area business leaders about their experiences in the Korean market and to discuss the important benefits that the KORUS FTA can offer businesses and consumers in both our countries," said Jong-hyun Choi, minister for economic affairs at Korean Embassy. "Korea and the United States share common objectives on trade and investment, and together seek local support for the ratification of the KORUS FTA. With the EU-Korea FTA going into effect in less than one week, the time to act on KORUS is now."

Accuray has a long history of working with South Korean hospitals to provide patient access to life-saving cancer treatments. To date, over 14,000 patients have been treated in South Korea with the company's technologies, the CyberKnife® Robotic Radiosurgery System and TomoTherapy® Radiation Therapy System.

Following the discussion, Accuray hosted a demonstration of the CyberKnife System for the Minister, to highlight how the technology is used to treat tumors in patients
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SOURCE Accuray Incorporated
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