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Dr. Alison Armour, CEO of Curadh MTR Inc., and Greg Piefer, CEO of SHINE Technologies, announcing their strategic collaboration.
The strategic collaboration between Curadh MTR Inc. and SHINE Technologies marks a pivotal moment in the advancement of cancer therapies. This alliance promises to harness the potential of radioisotopes using Terbium and Lutetium to target and eliminate cancer cells with precision, offering renewed hope to patients and reshaping the future of cancer treatment.
SHINE Technologies, an innovator in nuclear fusion technologies, and Curadh MTR Inc. (Curadh), specialists in molecularly targeted radiation (MTR), today announced an expanded long-term supply agreement for medical isotopes that promises to reshape the landscape of cancer therapies.
The expanded agreement, under which SHINE Technologies supplies Curadh with non-carrier-added Lutetium-177, accommodates future supply of Terbium-161, a radioisotope used to precisely target and eliminate cancer cells. Due to its previously limited availability, securing a reliable and pure supply of Terbium-161 is crucial for Curadh’s continued innovation in the field.
This mutually beneficial relationship is bolstered by SHINE’s recent announcement on terbium isotopes for use in nuclear medicine. Production of Terbium-161 at commercial scale, offers significant potential advantages to the field of theranostics. Curadh intends to focus its beta development with this novel isotope in molecularly targeted therapies for solid tumors.
Molecularly targeted radiation therapy is a new and promising treatment option for cancer patients. Unlike traditional radiation therapy, MTR is focused on treating metastatic disease. Terbium has unique properties that make it optimal for imaging and targeted radiation therapy.
“We are thrilled to expand our strategic nuclear and medical partnership with SHINE Technologies, a leader in nuclear technologies, to include potential future supply of Terbium,” said Dr. Alison Armour, CEO of Curadh. “But this is about more than just a supply agreement. Both Shine and Curadh are committed to innovation in this space through the use of novel targets and isotopes. Expanding our agreement with SHINE to include a potential future supply of Terbium-161 is an important step in rapidly progressing our MTR therapies through clinical development and making them available to cancer patients in need of new treatment options.”
Echoing this sentiment, Greg Piefer, founder and CEO of SHINE affirmed, “We are committed to developing innovative technologies and forging strategic partnerships that improve lives around the world. Together, we are poised to meet the evolving needs of patients who depend on these groundbreaking therapies, ensuring that their well-being remains at the heart of our journey. This partnership is an important step in our shared mission to make a positive impact on lives and foster a healthier future.”