Neem’s Hill records 5,000 veterinary cancer treatments
Neem’s Hill AB has surpassed 5,000 global treatments using its vetIQure system, with recurring revenue from kit sales becoming a significant driver of growth.
Neem’s Hill AB has reached a milestone of 5,000 treatments performed globally using its vetIQure Tumour Specific Electroporation (TSE) system. The technology is utilized for cancer care in small companion animals and horses.
The company’s business model emphasizes a transition from one-time capital equipment sales to recurring revenue generated by specialized treatment kits. Reports from the field indicate that high-volume users conduct more than 150 treatments annually, suggesting robust integration within veterinary oncology practices.
Management anticipates continued expansion as the company secures new clinical installations and increases the utilization rate among existing clients. The milestone reflects the ongoing adoption of TSE technology within the veterinary sector.