Clarity signs copper-67 Supply Agreement with Nusano
Nusano's 190,000 square foot state-of-the-art facility in
The copper-67 supply from Nusano further expands Clarity's growing network of US-based suppliers, including NorthStar Medical Radioisotopes, LLC ("NorthStar") and Idaho State University Idaho Accelerator Center (IAC).
Dr
"Building reliable, abundant, sustainable and cost-effective supply goes hand-in-hand with our clinical development to allow us to swiftly scale manufacturing when needed. We have seen in the past the challenges associated with growing isotope supply with lutetium-177, which relies heavily on an ageing fleet of nuclear reactors, ultimately affecting care for oncology patients waiting for their treatments. We believe, the shift away from limited nuclear reactor-based supply to more easily scalable accelerator-based methods is a prerequisite for radiopharmaceuticals to grow sustainably into the large oncology sector. By employing copper-67, we can avoid many of the drawbacks of other therapeutic isotopes. Its production requires only electricity and readily available starting materials. With Nusano's alternative production methods, we are further differentiating our supply and look forward to having numerous pathways to producing large quantities of copper-67."
Nusano's Chief Executive Officer,
"Clarity is in a unique position with their copper-67 program, being the only radiopharmaceutical company with ongoing clinical trials utilising this important isotope, and we look forward to working together as they continue to progress their program toward registrational trials and commercialisation."
Additional Disclosure
The Supply Agreement is effective as of
Disclaimer
67Cu-SAR-bisPSMA is an unregistered product. The safety and efficacy of 67Cu-SAR-bisPSMA have not been assessed by health authorities such as the US Food and Drug Administration (FDA) or the Therapeutic Goods Administration (TGA). There is no guarantee that this product will become commercially available.
About Nusano
Nusano is a privately held physics company working to stabilize supply chains, advance American national security by reducing dependency on foreign supply, and enable once-in-a-generation innovations in fields ranging from healthcare to nuclear energy. The company is commercializing platform technologies for radioisotope production, stable isotope enrichment, and advanced separation techniques. Together, these proprietary systems and methods are poised to supply the fight against cancer, fuel the nuclear renaissance, and deliver critical minerals for the modern world. For more, visit nusano.com.
About Clarity Pharmaceuticals
Clarity is a clinical stage radiopharmaceutical company focused on the treatment of serious diseases. The Company is a leader in innovative radiopharmaceuticals, developing Targeted Copper Theranostics based on its SAR Technology Platform for the treatment of cancers.
www.claritypharmaceuticals.com
For more information, please contact:
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Clarity Pharmaceuticals |
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Dr Alan Taylor |
Lisa Sadetskaya |
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Executive Chairperson |
Director, Corporate Communications |
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Nusano |
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Joyce Allaire |
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Media Relations |
Investor Relations |
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1-608-345-6629 |
1-212-915-2569 |
This announcement has been authorised for release by the Executive Chairperson.
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SOURCE Clarity Pharmaceuticals
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