IBA

Louvain-la-neuve, Belgium Founded: 1986 • Age: 40 yrs Listed
Innovative solutions for cancer treatment and industrial applications are provided by IBA.

About IBA

IBA is a publicly listed company based in Louvain-la-neuve (Belgium) founded in 1986 by Yves Jongen. Innovative solutions for cancer treatment and industrial applications are provided by IBA. It operates on a Professional Services and Direct-to-Consumer (D2C) model. IBA has raised $27.32 million across 11 funding rounds from investors including European Union, SRIW and SFPIM. The company has 26 employees. IBA has completed 3 acquisitions, including Modus QA, PhantomX and Radcal. Its website iba-worldwide.com draws about 40 thousand monthly visits. Its Indian entity Curium Pharma (India) Private Limited reported revenue of ₹41.38 Cr. IBA offers products and services including Proton Therapy, Dosimetry Solutions, RadioPharma Solutions, and Industrial Solutions. Its focus areas include Medical Devices, Radiation Therapy Equipment, Technology and Industrial Technology.

Company details

Solutions for cancer diagnosis and treatment are designed and marketed by IBA, focusing on proton therapy and dosimetry. Industrial applications such as medical device sterilization are also addressed. Sectors including healthcare and industrial technology are served with advanced equipment and services. Integrated radiopharma solutions and cyclotrons are developed for medical imaging and diagnostics. Sustainability and scientific innovation are emphasized through the IBA Discovery Lab.

  • Headquarters Louvain-la-neuve, Belgium
  • Employees 26
  • Founders Yves Jongen
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website iba-worldwide.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Iba Worldwide
  • Date of Incorporation 24 Dec, 2004
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Key Metrics
  • Indian entity revenue
    ₹41.38 Cr

    FY 2025 · -3% YoY

  • Indian entity net profit
    ₹4.53 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹7.31 Cr

    FY 2025 · 18% margin

  • Total Equity Funding
    $27.32M (USD)

    in 11 rounds

  • Latest Funding Round
    $260.73K (USD), Grant

    Nov 2021

  • Investors
  • Employee Count
    26
  • Investments & Acquisitions
    Modus QA

    & 2 more

Products & Services of IBA

IBA offers a comprehensive portfolio of products and services, including Proton Therapy, Dosimetry Solutions, RadioPharma Solutions, and Industrial Solutions.

Proton Therapy
Healthcare Technology

Advanced cancer treatment using proton beam technology is provided.

Dosimetry Solutions
Medical Equipment

Quality assurance tools for radiation therapy are offered.

RadioPharma Solutions
Pharmaceutical Technology

Radiochemistry and cyclotron solutions for diagnostics are developed.

Industrial Solutions
Industrial Technology

Sterilization solutions for medical devices are engineered.

Funding Insights of IBA

IBA has successfully raised a total of $27.32M across 11 strategic funding rounds. The most recent funding activity was a Grant round of $260.73 thousand completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $27.32M
  • Total Rounds 11
  • Last Round Grant — $260,729
  • First Round $27.32M

    (Jun 2014)

  • Investors Count 3

Latest 10 of 11 funding rounds of IBA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2021$260,729Grant––
Aug 2020$195,885Grant––
Jun 2018$1.66MGrant––
Mar 2018Grant––
Jan 2018$1.72MGrant––
Jan 2018Grant––
May 2017$92,720Grant––
Mar 2016$315,451Grant––
Feb 2016$272,998Grant––
Apr 2015$651,152Grant––
Valuation history

3 investors in total: 3 institutional.

Investors in IBA

IBA has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, SRIW and SFPIM.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Buyouts are pursued by SRIW as a private equity firm.
sriw.beLiege, Belgium
Private equity is directed toward private and public companies.
sfpi-fpim.beBrussels, Belgium
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for IBA

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Curium Pharma (India) Private Limited (IBA)

Curium Pharma (India) Private Limited is the primary company behind IBA. The board of Curium Pharma (India) Private Limited currently have 3 directors; the longest-serving is Xavier Anne J Defourt, appointed in 2020. 16 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Xavier Anne J Defourt
DIN 08950913
Director11 Nov 20205 yrs 11 moCurium Pharma (India) Private Limited
Susamoy Mishra
DIN 10523783
Director26 Feb 20242 yrs 8 moCurium Pharma (India) Private Limited
Mustafa Aydin Kucuk
DIN 11585722
Additional Director10 Mar 20268 moCurium Pharma (India) Private Limited

People of IBA

243 people are tracked at IBA (38 in leadership, 6 in board & advisors, 199 in team); the tracked headcount is 26.

NameRoleGroup
Yves Jongen
Founder & Chief Research OfficerLeadership
Frédéric Nolf
Chief Human Resources & Sustainability OfficerLeadership
Francoise Vamecq
Director Philanthropic AlliancesLeadership
Yves Claereboudt
R&d Director - Product Engineering, Control & PlatformsLeadership
Marc Modave
RD PT - Head Of EngineeringLeadership
Sabina Puppo
Head Of People, AmericasLeadership
Henri de Romrée
Chief Strategy Officer (cso)Leadership
Jean-Marc Bothy
Chief Strategy OfficerLeadership
Charles Kumps
Chief Innovation And Development OfficerLeadership
Dr. Ronald Wichern
Chief Quality OfficerLeadership
Inez Wathion
Head Of Proton Therapy Release, Complaints & VigilanceLeadership
Luk Herremans
Chief Market OfficerLeadership
Mary Elizabeth Klein
President, IBA Proton Therapy North AmericaLeadership
Ali Onuralp
Vice President Commercial Operations AmericasLeadership
Christian Matton
Chief Legal OfficerLeadership
Evelyne Loriaux
Head Of Sales AdministrationLeadership
Julie Rassart
Service Strategy DirectorLeadership
Steven Ko
Head Of Sales, Asia RegionLeadership
Sylvain Savaria
Vice President SalesLeadership
Olivier Legrain
CEOLeadership

223 more people are available in the full profile.

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Complete people profiles for IBA

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Financials of IBA

Figures of Curium Pharma (India) Private Limited, the primary company behind IBA, for FY 2025. Revenue was ₹41.38 Cr (-3% year on year). Net profit was ₹4.53 Cr (11% margin). EBITDA was ₹7.31 Cr (18% margin). Revenue has grown at a compounded annual rate of +9% over three years and +12% over five years.

  • ₹41.38 CrRevenue · FY 2025 · -3% YoY
  • ₹4.53 CrNet profit · 11% margin
  • ₹7.31 CrEBITDA · 18% margin
  • ₹10.30 CrPaid-up capital
  • 26Employees (provident fund records)
  • +9%Revenue CAGR, 3 years
  • +12%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Curium Pharma (India) Private Limited are on its company page.

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Detailed financial statements for IBA

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Investments & Acquisitions by IBA

IBA has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Modus QA, PhantomX and Radcal.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provides realistic phantoms for medical imaging, AI training, and diagnostic testing.
phantomx.deGermany2021Nov 2025••••
Diagnostic X-ray imaging solutions are provided for medical practitioners.
radcal.comMonrovia, United States1980Feb 2024••••
Advanced radiotherapy and medical imaging devices are manufactured.
modusqa.comLondon, Canada2000May 2022••••
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Complete acquisition details for IBA

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of IBA

7 dated milestones of IBA across 39 years, from founding to its latest funding, stage changes and deals.

  1. Founded IBA is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $27.3M.
  4. Funding Latest funding round, Grant, of $261K.
  5. Acquisition Acquires Modus QA.
  6. Acquisition Acquires Radcal.
  7. Acquisition Acquires PhantomX.

Web traffic of IBA

The website of IBA (iba-worldwide.com) receives about 40.4K visits a month.

  • Monthly visits
    40.4K

    ▲ 6.5% vs previous month

Similar websites

Websites whose visitors overlap most with IBA. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
iba-dosimetry.com
iba-dosimetry.com
100%
#588,564–
iba-radiopharmasolutions.com
83%
#3,532,970View details
healthcarebelgium.com
healthcarebelgium.com
72%
–
accuray.com
56%
22K#1,313,331View details
ibatpa.com
ibatpa.com
54%
#1,854,623–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 13 similar websites and full traffic analytics for IBA

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  • 13 similar websites
  • Audience overlap
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Frequently Asked Questions about IBA

IBA was founded in 1986 and raised its 1st funding round 28 years after it was founded.

IBA is headquartered in Louvain-la-neuve, Belgium.

IBA is a funded company, having raised a total of $27.32M across 11 funding rounds to date. The company's 1st funding round was a Grant of $651.15K, raised on Jun 2014.

IBA has 26 employees.

The primary company behind IBA, Curium Pharma (India) Private Limited, reported revenue of ₹41.38 Cr for FY 2025, down 3% year on year.

Solutions for cancer diagnosis and treatment are designed and marketed by IBA, focusing on proton therapy and dosimetry. Industrial applications such as medical device sterilization are also addressed. Sectors including healthcare and industrial technology are served with advanced equipment and services. Integrated radiopharma solutions and cyclotrons are developed for medical imaging and diagnostics. Sustainability and scientific innovation are emphasized through the IBA Discovery Lab.

IBA offers Proton Therapy, Dosimetry Solutions, RadioPharma Solutions, and Industrial Solutions.

IBA has made 3 acquisitions, including Modus QA, PhantomX, and Radcal.

IBA has 3 investors. Key investors include European Union, SRIW, and SFPIM.

IBA operates through Curium Pharma (India) Private Limited.

The legal entities of IBA currently have 4 directors, including Xavier Anne J Defourt, Shikha Gupta, Mustafa Aydin Kucuk and others.

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