ProNova to locate at Pellissippi Place
Gov. Bill Haslam announced this morning at the Blount County Chamber of Commerce that ProNova — a new company that is pioneering development of a lower-cost cancer treatment system — will locate its manufacturing facility in the research and development center at Pellissippi Parkway and Old Knoxville Highway in Alcoa.
The company says its ProNova SC360 machine harnesses the power of proton therapy in a compact system that incorporates the latest technology developments at less than half the cost, one-tenth the weight and half the size of current systems.
The announcement signals that the 450-acre property research and development park, ceremoniously opened in 2010, will have its first tenant.
Pellissippi Place was developed as a regional R&D park under the impetus of the Economic Development Board of Blount County in conjunction with its partners, Knoxville-Oak Ridge Innovation Valley, Blount County, Knox County and the cities of Alcoa and Maryville.
While a young company, ProNova has assembled a strong technical and commercial team of experienced and knowledgeable entrepreneurs who have demonstrated success in the development and delivery of advanced technology to the medical device market, according to the firm.
ProNova was founded by the leaders of CTI Molecular Imaging, a team that brought positron emission tomography (PET) technology out of the laboratory and made it a clinical reality for millions of cancer patients. They developed, manufactured and delivered more than 200 cyclotrons and over 2,000 PET and PET/CT scanners.