# Advanced Oncotherapy Plc Investor presentation and Update

- Link: https://www.directorstalkinterviews.com/advanced-oncotherapy-plc-investor-presentation-update/412725062
- Published: 2017-03-07T10:29:11+00:00
- Author: Giles Arbor

**Advanced Oncotherapy Plc** (LON:AVO), the developer of next generation proton 
therapy systems for cancer treatment, will be hosting investor an analyst presentations
in Zürich, Switzerland Tuesday 7 March 2017.

The presentation will outline some of the key aspects of Advanced Oncotherapy’s 
technology, the clinical benefits of proton therapy, the rationale for using linear
accelerators and the key milestones for the manufacturing and commercialisation 
of LIGHT (Linac for Image Guided Hadron Therapy). These events are in relation to
the initial 100 day review that has been conducted by CEO Nicolas Serandour, as 
announced upon his appointment on 27 October 2016.

The Company’s focus remains on delivering the technical development of its first
LIGHT machine and its installation at Harley Street, which is pivotal to its future
strategy. The details of the manufacturing and commercialisation process of Advanced
Oncotherapy’s LIGHT system, including installation at the Harley Street site, will
be discussed during the presentation and are provided in the update below:

Harley Street

As announced last month, Deconstruct (UK) Limited has been appointed by Howard de
Walden Estates as principal contractor to the project and were on site in January
carrying out preliminary assessment and works. Following the preparatory works, 
excavation is due to commence on 27 March 2017.

All necessary tendering processes have been completed. Based on initial quotes, 
on-site excavation and build times for the core and shell are estimated to take 
between 62 and 96 weeks. Additional time of up to 52 weeks will be required for 
full fit-out, including the installation of cooling systems and power supplies. 
The construction time reflects the constraints associated with two listed buildings(
141 and 143 Harley Street) in a residential area. Yet it compares favourably to 
building times associated with the construction of multi-room proton beam facilities
using legacy technologies traditionally built in large and remote areas, which is
in the range of three to four years on average. The site is therefore expected to
be ready for installation by H1 2019. Following regulatory approval and commissioning,
the first patient treatment at Harley Street is expected in H2 2020.

Production manufacturing site

The Company’s strategy is to establish a mass production facility, which will be
ready for production once regulatory approval for the LIGHT system is granted. The
Company continues to advance the arrangements with its manufacturing partner, Thales,
to establish two custom designed series production lines for volume production at
their factory in Thonon, France. The production facility is expected to be ready
to receive LIGHT system components in Q1 2018, with all components due to be installed
to create a LIGHT system operating at the maximum required energy ahead of the expected
completion of the building in Harley Street in H1 2019.

Technology development

As announced on 22 December 2016, the Company successfully integrated the proton
source and Radio Frequency Quadruple (RFQ), and demonstrated a predictable acceleration
of the proton beam through the RFQ with measurements that matched those expected
from computer simulations. Following further testing at full power the Company successfully
increased the acceleration and energy of the proton beam in February, from 40keV
to 5MeV, which is the requirement for this module.

Further progress in the completion of the final stages of the manufacture of its
first LIGHT system will continue throughout 2017 and the first LIGHT system is expected
to be capable of treating superficial tumours in Q3 2018.

To maximise progress of the LIGHT system, the Company will have two testing facilities
in Geneva, Switzerland and at Thales’ facilities in Vélizy, France. Additional key
development milestones are included in the table further below.

Commercial opportunities & Regulatory

The Harley Street site remains the first site where the LIGHT system will be installed.
Discussions are also ongoing surrounding an agreement to supply a LIGHT system alongside
Circle Health’s planned new-build hospital in Birmingham.

The Company is in negotiations with a handful of sites in the USA as well as other
operators in Europe, Asia and the Middle East. The Company remains confident that
demand for its next-generation proton therapy system will be strong and that additional
commercial sales will be secured in due course.

In addition, a number of meetings have been held with regulatory bodies in Europe,
US and China, which provides the Company with confidence that they are pursuing 
a valid path to ensure future regulatory approvals.

A summary of key technical milestones is provided below:

  |  By end Q2 2017 |  ·Delivery of all CCL units |  
 |  ·Beam fired through RFQ |  
 |   |  
 |  By end Q4 2017 |  ·Beam through SCDTLs at an energy of 20-25MeV |  
 |  ·Development of the Patient Positioning System |  
 |   |  
 |  By end Q2 2018 |  ·Beam fired through the first CCL |  
 |  ·Directional dose delivery system (or Nozzle) ready for installation |  
 |   |  
 |  By end Q3 2018 |  ·Beam capable of treating superficial tumours |

The slides that will be used in the presentations will be available on the Company
website:

http://www.advancedoncotherapy.com/Investors/Results-reports-and-presentations

Anyone wishing to attend the Advanced Oncotherapy Plc investor presentations, and
have yet to do so, should contact Walbrook PR on 020 7933 8780 or email avo@walbrookpr.
com.

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