Targets and strategies

STRATEGy WIThfOCuS ON SuSTAINABILITy

VISION

A world where cancer is conquered.

MISSION

To contribute to the continued advancement of cancer care by developing innovative software solutions that improve quality of life for patients and save lives.

BUSINESS MODEL

RaySearch’s main revenue is generated by customers paying an initial license fee for the right to use the company’s software and an annual service fee for access to updates and support. The company’s software is developed at RaySearch’s head office in Stockholm, and distributed and sold by the company’s global marketing organization.

TARGETS

• To reduce premature mortality from cancer by one-third by 2030. • To strengthen our position in the radiation therapy market and thereby give more cancer clinics access to more effective radiation therapy.

STRATEGIES

INNOVATIVE SOFTWARE DEVELOPMENT

Extensive investment in R&D with a strong focus on leading functionality, efficient workflows and broad-based support for many different treatment techniques and radiation therapy machines. During the 2017–2021 period, average investment in R&D was 35 percent of net sales annually. STRATEGIC PARTNERSHIPS

Close collaboration with world-leading cancer clinics, research institutes and medical device suppliers. ATTRACTIVE EMPLOYER

Attract committed and talented employees by maintaining a culture characterized by innovative thinking, and guided by social sustainability and high business ethics.