Advanced Oncotherapy (AVO) 24p Mkt Cap £110m* Last Summer we reported the £40m fund raise at 40p needed to complete the technical development stage of its world leading Proton Beam Therapy LIGHT system. The recent trading update includes a video showing how the system will work. After seven years of development, it is expected that the last technical milestone will be completed this summer. The delay from last year’s best expectations was primarily due to regulatory verification hurdles as it concurrently seeks FDA and CE Marking approval.
The technology behind it is from C...