Medtech's Big Market Movers (Nanobiotix)Medtech's Big Market Movers (Nanobiotix)
April 6, 2015
Nanobiotix wants to transform therapy using its NanoXray technology portfolio. When certain nanoparticles are directly injected into cancerous tissue and radiotherapy is applied, these particles have the ability to absorb x-rays and increase the amount of radiation to destroy diseased cells. Surrounding healthy tissue do not get increased radiation doses.
Last year, the French company's share price jumped 217%, to 16.72 euros ($18.38) from 5.27 euros ($6.85) at the end of 2013. As a result, the company added $221 million to its market cap.
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