IBA RadioPharma Solutions

Overview
Radiopharmaceuticals?
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IBA RadioPharma Solutions is a leading provider of radiopharmaceutical production solutions. The company offers a range of products and services for the production of radiopharmaceuticals used in nuclear medicine for the detection and treatment of cancer and other critical diseases. IBA RadioPharma Solutions' flagship product is the Cyclone range of cyclotrons, which are particle accelerators used for the production of radioisotopes.

In October 2022, the company signed a contract with Novatec International and ElsMed healthcare Solutions to install an integrated radiopharmaceutical production facility in Tbilisi, Georgia. The facility will be equipped with IBA's Cyclone KIUBE cyclotron, offering the highest production capacity with a PET cyclotron, and the Synthera+ platform for the synthesis of radiopharmaceuticals. The facility is expected to start operations in 2024.

Another notable product from IBA RadioPharma Solutions is the Cyclone IKON, a high-energy and high-capacity cyclotron capable of producing a wide range of radioisotopes for PET and SPECT imaging, as well as for theranostic applications. In August 2022, the company signed a collaboration agreement with Chengdu New Radiomedicine Technology Co., Ltd (CNRT) to install a Cyclone IKON in Chengdu, Sichuan Province, China. The Cyclone IKON will be used for the production of novel isotopes for use in theranostics and targeted therapies, such as Germanium-68, Iodine-123, and Copper-64.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Chemin du Cyclotron, 3 Louvain-la-neuve BEL
Founded year:
1986
Employees:
1,001-5,000
IPO status:
Private
Total funding:
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Last Funding:
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Last valuation:
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