Beijing Allcure Raises $27 Million to Standardize Radiation Treatment

Beijing Allcure Medical Technology, a radiology oncology startup developing big data/cloud computing applications, raised $27 million in an A+ funding round. Allcure plans to use the mdaccAutoPlan® radiotherapy algorithm to automatically produce treatment plans for radiation oncology. Zheng Cheng, the founder of Allcure, was COO of China's Concord Medical, which operates diagnostic and oncology radiological centers in China hospitals. The capital came from two investors, Zhengheci Capital and Lian Fund. Previously, Allcure raised $4.5 million from Lian Fund. More details.... Stock Symbol: (NYSE: CCM) Share this with colleagues: // //