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Penn Medicine forms joint venture to develop proton therapy centers

Original: Penn Medicine forms joint venture to help develop proton therapy centers

Penn Medicine has announced a joint venture aimed at developing proton therapy centers, expanding access to an advanced form of radiation treatment that targets tumors with high-energy particle beams. The move signals continued growth in the cancer care market, where health systems are increasingly partnering with private investors to fund expensive treatment facilities.

Why now: The partnership reflects ongoing expansion of proton therapy, an expensive cancer treatment growing in demand across the US health care sector.

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