MEDIRAY GPC

What MEDIRAY GPC does

MEDIRAY GPC is a privately-held specialty medical technology distributor headquartered in Cholargos (Athens), Greece, founded in 2006. The company operates as the exclusive authorized distributor in Greece and Cyprus for several international manufacturers of radiopharmaceuticals, nuclear medicine equipment, radiation protection instrumentation, and industrial non-destructive testing (NDT) radiography products. Its customers are primarily Greek and Cypriot government hospitals, nuclear medicine departments, radiology labs, dental and veterinary facilities, and industrial NDT companies serving infrastructure projects.

The portfolio centers on approximately nine Polatom-supplied radiopharmaceutical kits and the Technegen 99Mo/99mTc generator (Cardioscan, Tektrotyde, Bonescan, NephroMAG, Hepatate, Nanotop, Leukoscan, PoltechRBC, Thyrocap), Sirtex SIR-Spheres Y-90 resin microspheres for liver radioembolization (introduced in Greece by end of 2008), the EuroProbe sentinel lymph node detection system installed in 20 of Greece's largest hospitals, and CADstream MRI computer-aided detection software. MEDIRAY also operates Greece's first private OSL (Optically Stimulated Luminescence) dosimetry laboratory, providing individual dose monitoring for occupationally exposed workers, and supplies industrial gamma radiography sources (Ir-192, Se-75).

The business model combines distribution margins on imported regulated medical devices and radiopharmaceuticals with professional services revenue from radiation protection consulting, QA testing, shielding studies, and licensing paperwork handled through the Greek Atomic Energy Commission. Distribution is conducted via direct B2B sales and authorized field technicians providing installation, after-sale support, equipment replacement, and rental options for surgical procedures. With only 8 employees, MEDIRAY is a lean specialty distribution operation whose economics depend on exclusive international manufacturer agreements and regulatory licensing for radioactive materials handling rather than scale advantages.

Name

MEDIRAY GPC

Legal name

MEDIRAY

Website

https://mediray.gr

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

MEDIRAY GPC is an Athens-based specialty medical technology distributor serving Greece and Cyprus as the exclusive authorized channel for Polatom radiopharmaceuticals, Sirtex SirSpheres Y-90 microspheres, EuroProbe SLN systems, CADstream MRI software, and industrial NDT radiography sources, with an in-house OSL dosimetry laboratory.

Ownership category

akta.pro rank

Product category

Nuclear Medicine Distribution

NAICS

Medical and Diagnostic Laboratories (62151), Medical Laboratories (621511), Medical and Diagnostic Laboratories (6215)

SIC

Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122), In Vitro & In Vivo Diagnostic Substances (2835), Services-Health Services (8000)

akta.pro primary industry

Radiopharmaceutical & Nuclear Medicine Distributors (HLAIAJAI)

akta.pro secondary industries

Radiation Safety, Dosimetry & Regulatory Compliance (Nuclear Medicine) (HLAIAGAJ), Nuclear Medicine Imaging Tracers & PET/SPECT Supply Chain (FDG, Ga-68, logistics/cold chain) (EUAKAIAE), Diagnostic Radiopharmaceuticals (SPECT/PET Tracers) (HLAIAGAA)

Keywords

• Radiopharmaceutical distribution
• Nuclear medicine products
• Radiation protection services
• Medical imaging equipment
• Industrial radiography sources

Headquarters

HQ city

Cholargos (Athens)

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Distribution of Radiopharmaceuticals and Nuclear Medicine Products: MEDIRAY represents foreign companies and vendors, distributing a wide range of diagnostic and therapeutic radiopharmaceuticals including Cardioscan, Tektrotyde, Bonescan, Technegen, Thyrocap, NephroMAG, PoltechRBC, Hepatate, Nanotop kit, and Leukoscan. The company also distributes hot lab equipment including dose calibrators, syringe shields, vial shields, and shielded dry heaters.
2. Radiation Protection and QA Services: Provides quality assurance services for equipment producing ionizing radiation (X-rays and gamma rays) as well as radiation protection services for personnel and patients in diagnostic centers using ionizing radiation (conventional and digital radiology, Nuclear Medicine, Dentists, and Veterinarians). Includes construction studies for new labs, shielding calculations, acceptance tests, and periodic QA checks.
3. Industrial NDT Radiography Products: Supplies major Greek NDT radiography companies with high-tech radioactive sources (Ir-192, Se-75), projectors, and films for major infrastructure projects throughout Greece.
4. SirSpheres Y-90 Radioembolization: Distribution of SIR-Spheres Y-90 resin microspheres for selective internal radiation therapy (SIRT) of inoperable liver tumors. Introduced this technique in Greece by end of 2008, supplying Greek medical oncologists.
5. CADstream Medical Software: Distribution of CADstream software for computer-aided detection of suspicious areas for malignancies in breast, liver, and prostate MRI. Also offers dosimetry laboratory services.
6. Calibration Sources and Markers: Supply of nuclear medicine calibration sources for PET/CT and SPECT/CT, flood sources, dose calibrator vials, pen point markers, flexible markers, flexible rulers, rigid rulers, left and right markers, and spot markers. Also handles disposal of spent radioactive sources.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

MEDIRAY GPC is an authorized distributor serving Greece and Cyprus, supplying diagnostic and therapeutic radiopharmaceuticals (Cardioscan, Tektrotyde, Bonescan, Technegen generator, NephroMAG, Hepatate, Nanotop, Leukoscan, Thyrocap, PoltechRBC), the SIR-Spheres Y-90 radioembolization system, EuroProbe sentinel lymph node detection systems, CADstream MRI computer-aided detection software, hot lab equipment, calibration sources, and industrial radiography sources (Ir-192, Se-75) with projectors. The company also provides radiation protection consulting, quality assurance services for radiology/nuclear medicine departments, and operates Greece's first private OSL dosimetry laboratory for occupational radiation dose monitoring.

Product overview

MEDIRAY GPC is a medical technology company serving Greece and Cyprus that distributes and supports nuclear medicine, radiology, and industrial NDT products. The portfolio centers on radiopharmaceutical kits (Cardioscan, Tektrotyde, Bonescan, NephroMAG, Hepatate, Nanotop kit, Leukoscan, PoltechRBC, Thyrocap) and the Technegen 99Mo/99mTc generator for producing Technetium-99m eluates. The company also offers the therapeutic SIR-Spheres Y-90 resin microspheres for liver tumor radioembolization, the EuroProbe system for sentinel lymph node detection, and CADstream software for computer-aided detection on breast, liver, and prostate MRI. Supporting equipment includes hot lab products (dose calibrators, shields), calibration sources for PET/CT and SPECT/CT, and industrial radiography sources (Ir-192, Se-75) with projectors. Services encompass radiation protection consulting, QA testing, and a dedicated dosimetry laboratory using OSL technology.

Differentiator

Problem solved

Functional benefit

Brands

• CADstream: Software for Computer Aided Detection (CAD) of suspicious areas for malignancies in Breast, Liver and Prostate MRI.

Products and services

• Cardioscan Kit for the preparation of 99mTc-MIBI radiopharmaceutical used for scintigraphy of the myocardium, parathyroid, and breast imaging. Targeted at Nuclear Medicine departments in hospitals and diagnostic centers.
• Tektrotyde Kit for the preparation of 99mTc-HYNICTOC radiopharmaceutical for imaging of gastro-entero-pancreatic neuroendocrine tumors (GEP-NET), pituitary adenomas, and sympathetic system tumors. Targeted at Nuclear Medicine departments.
• Bonescan Kit for the preparation of 99mTc-MDP radiopharmaceutical for bone scintigraphy to study the skeletal system. Targeted at Nuclear Medicine departments.
• Technegen 99Mo/99mTc isotope generator producing sodium pertechnetate eluate (activity range 2-12 GBq 99mTc) for labeling radiopharmaceutical kits. Targeted at Nuclear Medicine departments.
• Thyrocap Sodium Iodide Na131I capsules for thyroid imaging and therapy, available in activities from 1-200 mCi. Targeted at Nuclear Medicine departments.
• NephroMAG Kit for the preparation of 99mTc-MAG3 for evaluation of nephrological and urological disorders, studying kidney function, morphology, and perfusion. Targeted at Nuclear Medicine departments.
• PoltechRBC Kit for the preparation of 99mTc-Pyrophosphate for imaging applications. Targeted at Nuclear Medicine departments.
• Hepatate Kit for the preparation of Tin Colloid for scintigraphy of liver and spleen. Targeted at Nuclear Medicine departments.
• Nanotop Kit Kit for the preparation of 99mTc-albumin nano-sized colloid for lymphatic scanning and sentinel node detection in melanoma and breast cancer. Targeted at Nuclear Medicine and Surgical Oncology departments.
• Leukoscan Kit for the preparation of 99mTc-Leukoscan for diagnostic imaging of infection/inflammation in bone for patients with suspected osteomyelitis, including diabetic foot ulcers. Targeted at Nuclear Medicine departments.
• SIR-Spheres Y-90 Y-90 resin microspheres (median diameter 32.5 microns) for Selective Internal Radiation Therapy (SIRT) of inoperable liver tumors. Supported by Level-1 evidence from the SIRFLOX Phase III trial. Targeted at Medical Oncologists, Nuclear Medicine, and Interventional Radiology departments.
• EuroProbe System System for intraoperative radioisotopic detection of sentinel lymph node with wireless CsI detector connected via Bluetooth, used across 7 major clinical fields including breast, melanoma, gynecological, and urological oncological surgeries. Includes the OPRONUCLEAR hybrid detector capable of detecting both ICG fluorescence and gamma radiation. Targeted at Surgical Oncology departments.
• CADstream Computer-aided detection (CAD) software for MRI analysis of breast, liver, and prostate. Features automated processing, tumor detection, angiogenesis maps, calculation of suspicious curves, automatic tumor radial distance for surgeons, automated comparison of two exams, MIP projections, subtraction images, Diffusion Analysis with ADC Maps, image fusion, and PDF reporting. Targeted at Diagnostic Imaging Centers and Radiology departments.
• Hot Lab Equipment Complete range of hot lab equipment including dose calibrators, syringe shields, vial shields, and shielded dry heaters for Nuclear Medicine departments. Targeted at Nuclear Medicine departments.
• Calibration Sources and Markers Calibration sources for PET/CT and SPECT/CT, including flood sources, dose calibrator vials, pen point markers, flexible markers, flexible rulers, rigid rulers, left and right markers, spot markers, and disposal services for spent radioactive sources. Targeted at Nuclear Medicine departments.
• Ir-192 Sources Iridium-192 radioactive sources for industrial gamma radiography. Half-life of 74 days with recommended working life of 1 year. Targeted at industrial NDT radiography companies for infrastructure inspection.
• Se-75 Sources Selenium-75 radioactive sources for industrial gamma radiography. Half-life of 120 days with recommended working life of 2 years. Targeted at industrial NDT radiography companies.
• Radiography Projectors Radiography projectors for industrial gamma radiography applications, compatible with various holder types including Gammamat Holder and Sentinel Holders. Targeted at industrial NDT radiography companies.
• Radiation Protection and QA Services Quality assurance and radiation protection consulting services for radiology and nuclear medicine departments, including acceptance tests, routine QA tests, shielding studies, authorization renewals, and facility licensing support. Targeted at hospitals, diagnostic centers, dental and veterinary radiology facilities.
• Dosimetry Laboratory Service First private laboratory in Greece to record individual doses of occupationally exposed workers to ionizing radiation, using OSL (Optically Stimulated Luminescence) technology with calibrated measurement systems meeting modern passive dosimetry standards. Targeted at occupationally exposed workers in healthcare and industrial settings.

Quantifiable outcome

• 94% of radiation from SirSpheres Y-90 is delivered to target tissue within 11 days of administration, maximizing tumorcidal effects while minimizing effects on healthy liver parenchyma
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Sirtex Medical (Sir-Spheres)coreTechnology or Integration · 1 January 2008MEDIRAY introduced the SirSpheres Y-90 radioembolization technique in Greece by the end of 2008, serving as the exclusive distributor for SIR-Spheres Y-90 resin microspheres used in Selective Internal Radiation Therapy (SIRT) for inoperable liver tumors. SirSpheres is the only SIRT supported by Level-1 evidence following the SIRFLOX Phase III clinical trial.
• Polatom Sp. z .o.o (Poland)coreTechnology or IntegrationMEDIRAY partners with the Polish producer Polatom Sp. z .o.o to supply the Greek market with a full range of radioactive isotopes for industrial use, including Se-75 sources with 120-day half-life for gamma radiography. The collaboration also covers Tc-99m generators (Technegen), radiopharmaceutical kits, and associated products with full import/export licensing support through the Greek Atomic Energy Commission.
• EuroProbe (Scanditronics)coreTechnology or IntegrationMEDIRAY distributes the EuroProbe system for intraoperative radioisotopic detection of Sentinel Lymph Node. EuroProbe is a unique system for per- and post-operative detection and per-cutaneous localization within 7 major clinical fields. MEDIRAY has installed the system in 20 of Greece's largest hospitals with authorized technicians and equipment replacement capabilities.
• CADstream (Merge Healthcare / IBM)coreTechnology or IntegrationMEDIRAY distributes CADstream software for computer-aided detection of suspicious areas for malignancies in breast, liver, and prostate MRI. CADstream features automated tumor detection, MIP, subtraction images, Diffusion Analysis with ADC Maps, and image fusion capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/812247722164917
• LinkedInlinkedin.com/company/mediray-greece

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MEDIRAY GPC