Nusano, Inc. and PharmaLogic today announced the two organizations will collaborate to advance the development of radiopharmaceuticals for diagnostic and therapeutic applications.
SALT LAKE CITY and BOCA RATON, Fla., May 15, 2023 /PRNewswire/ -- Nusano, Inc., a company reshaping the production of cancer-fighting radioisotopes, and PharmaLogic, a world-class contract development and manufacturing organization (CDMO) specializing in radiopharmaceuticals, today announced the two organizations will collaborate to advance the development of radiopharmaceuticals for diagnostic and therapeutic applications. “PharmaLogic and Nusano share a vision for improving cancer outcomes by empowering the development of next generation radiopharmaceuticals,” said Chris Lowe, CEO of Nusano. “Our facilities’ close proximity in the greater Salt Lake area creates natural opportunities for collaboration and early-stage research we believe will be advantageous to our joint customer base.” Opening the first quarter of 2025, Nusano’s breakthrough production facility in West Valley City, Utah will be capable of generating multiple medical isotopes simultaneously and in large quantities to support patient care and therapeutic development. PharmaLogic Utah will be opening in Salt Lake City in the latter half of 2023, expanding its CDMO and radiopharmaceutical manufacturing capabilities in the mountain west region of the United States. PharmaLogic, in addition to their established radiopharmacy business, has focused on the growth of their cyclotron network and footprint in the CDMO space to increase access to the latest radiopharmaceutical technology for patients across the United States. The facility in Salt Lake City is one of the latest additions to the organization’s portfolio. “Radioisotope supply chain stability is critical to ensuring diagnostics and treatments reach patients when they are needed,” said Scott Holbrook, Chief Strategy Officer and General Manager for PharmaLogic. “Nusano’s facility will bring undersupplied and rare radioisotopes online, complementing PharmaLogic’s commitment to providing quality and predictability for our customers. We look forward to working together to accelerate new and emerging cancer diagnostics and treatments. “ About Nusano, Inc. About PharmaLogic Holdings Corp. View original content to download multimedia:https://www.prnewswire.com/news-releases/nusano-and-pharmalogic-announce-collaboration-to-enable-next-generation-radiotherapeutics-development-301824076.html SOURCE PharmaLogic Holdings Corp |