SAN FRANCISCO, July 09, 2024 (GLOBE NEWSWIRE) -- American Shared Hospital Services (NYSE American: AMS) (the "Company"), a leading provider of turnkey technology solutions for stereotactic radiosurgery and advanced radiation therapy equipment and services, today announced that it has signed a joint venture agreement to partner in a Gamma Knife treatment facility in Guadalajara, Mexico. AMS has signed a Joint Venture (“JV”) agreement with Hospital San Javier (“HSJ”) to establish a Mexican JV (“Joint Venture”) to treat public and private cancer patients. AMS and HSJ will hold 70% and 30% ownership interests, respectively.
The new Joint Venture will be upgrading HSJ’s existing Gamma Knife PerfexionTM system to an Esprit, Elekta’s newest Gamma Knife radiosurgery system. Gamma Knife radiosurgery is a gentler alternative to open surgery and conventional radiotherapy as it can target the smallest and most challenging intracranial tumors and lesions with minimal effect on healthy tissue. This vital precision safeguards motor, sensory and neurocognitive function to help protect the mind and the person.
Esprit includes a variety of innovations in a single platform and offers clinicians superior visualization, remote treatment planning that increases and improves workflow efficiency and remote accessibility, and collaboration tools designed to meet the needs of changing environments. Hospital San Javier was the first medical institution in Mexico to offer Gamma Knife tre.
