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NorthStar Medical Radioisotopes and BWXT Medical Sign Master Services Agreement to Support Actinium-225 Production

Jul 22, 2024•almost 2 years ago

Contract Type

agreement

BeloitBiotechnologyHealth CareMedicalMedical Device

Description

NorthStar Medical Radioisotopes, LLC and BWXT Medical Ltd. have signed a Master Services Agreement (MSA) to facilitate the production of actinium-225 (Ac-225), a critical medical isotope used in cancer treatments. The agreement also includes potential target design projects and exploration of opportunities to provide backup supply to each other’s customers.

Company Information

Company

NorthStar Medical Technologies

Location

Beloit, Wisconsin, United States

About

NorthStar Medical Technologies, LLC, parent company of NorthStar Medical Radioisotopes, LLC, is a global innovator in development, production and commercialization of radiopharmaceuticals used to detect and treat cancer and other serious diseases.

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months