Niowave inks Ac-225 supply deal with Novartis

Lansing, MI-based superconducting accelerator technology firm Niowave has inked a long-term agreement to supply Novartis with actinium-225 (Ac-225).

The agreement will provide Novartis with a scalable supply of the medical isotope to support its growing portfolio of radioligand therapies (RLT). RLTs use a targeting component with a radioisotope to selectively target and destroy cancer cells, Niowave said. Financial terms of the agreement were not disclosed…

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