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Enterprise Investors to construct Polish cancer treatment centre

28 Sep 2012

Warsaw-based buyout and venture capital firm Enterprise Investors (EI) has taken on a project focused on the construction of a radiotherapy centre in southern Poland from Voxel.

Voxel will open a modern diagnostic facility in the planned centre as part of a joint venture with EI, which made the investment through its Polish Enterprise Fund VII.

The firm will take over responsibility for a €14.5m investment programme to construct the building and provide three linear accelerators for cancer treatment.

The centre is expected to open in the second half of 2013.

EI managing partner Michał Rusiecki said, “If cancer treatment in Poland is to be effective, radiotherapy must become much more widely available.

“Because the devices used in this branch of medicine are expensive, and the public funding for investment is limited, private capital can play a significant role here.

“We are pleased to be able to put our capital to use in this area, which is important for all of us.”

Earlier this year EI bought a €5.5m stake in BLStream, a software company specialising in mobile technologies.

The deal, which was financed through the firm’s Enterprise Venture Fund I vehicle, gave EVF a 35 per cent stake in the company.

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