logo
ITM and ILL Extend Collaboration on the Manufacturing and Supply of Medical Lutetium-177 Radioisotope

ITM and ILL Extend Collaboration on the Manufacturing and Supply of Medical Lutetium-177 Radioisotope

Garching / Munich, Germany, and Grenoble, France, June 16, 2025 – ITM Isotope Technologies Munich SE (ITM) and the Institut Laue-Langevin (ILL), today announced an extension of their collaboration for medical radioisotope production, originally established in 2009. Under the terms of the renewed agreement, ITM will receive priority access to half of the available neutron irradiation capacity at ILL's High-Flux Reactor, its neutron irradiation facility, for the production of non-carrier-added Lutetium-177 (n.c.a. Lu-177), a critical medical radioisotope used for radiopharmaceutical therapies for cancer treatment and diagnosis. As the globally leading manufacturer of n.c.a. Lu-177, ITM is committed to maintaining and expanding its robust manufacturing and production capabilities to meet the growing demand for this vital medical radioisotope.
'ITM and ILL's longstanding partnership began in 2009, when the radiopharmaceutical industry was still in its infancy,' commented Dr. Andrew Cavey, CEO of ITM. 'Our priority access to ILL's renowned high-flux irradiation services is incredibly important as the demand for n.c.a. Lutetium-177 grows and as our radiopharmaceutical pipeline evolves.'
The high neutron flux of ILL's reactor provides ITM with a high yield of Lu-177, and allows for a particularly sustainable production of the medical radioisotope by minimizing use of the scarce precursor raw material, Ytterbium-176 (Yb-176). Providing radioisotopes to ITM plays a significant role in enabling geographic and industrial return from ILL to its funding countries, fostering innovation and supporting advancements in radiopharmaceutical research and production.
Radiopharmaceutical Therapy (RPT) is an emerging class of cancer therapeutics, which seeks to deliver radiation directly to the tumor while minimizing radiation exposure to healthy tissue. Targeted radiopharmaceuticals are created by linking a therapeutic radioisotope such as Lutetium-177 or Actinium-225 to a targeting molecule (e.g., peptide, antibody, small molecule) that can precisely recognize tumor cells and bind to tumor-specific characteristics, such as receptors on the tumor cell surface. As a result, the radioisotope accumulates at the tumor site and decays, releasing a small amount of ionizing radiation, with the goal of destroying tumor tissue. The precise localization enables targeted treatment with potentially minimal impact to healthy surrounding tissue.
About ITM Isotope Technologies Munich SE
ITM, a leading radiopharmaceutical biotech company, is dedicated to providing a new generation of radiomolecular precision therapeutics and diagnostics for hard-to-treat tumors. We aim to meet the needs of cancer patients, clinicians and our partners through excellence in development, production and global supply. With improved patient benefit as the driving principle for all we do, ITM advances a broad precision oncology pipeline, including two phase III studies, combining the company's high-quality radioisotopes with a range of targeting molecules. By leveraging our nearly two decades of pioneering radiopharma expertise, central industry position and established global network, ITM strives to provide patients with more effective targeted treatment to improve clinical outcome and quality of life. www.itm-radiopharma.com
About the ILL, Institut Laue-Langevin
The ILL is the world-leading facility in neutron science and technology. Delivering the most intense neutron beams in the world to its unparalleled suite of 43 state-of-the-art neutron scattering instruments, the ILL offers a unique tool for probing the heart of matter. Every year, around 1500 international researchers visit the ILL to carry out over 1000 cutting-edge experiments in a variety of disciplines, including physics, chemistry, biology, and material science and engineering. Besides its impact in scientific research and education excellence, the ILL helps drive innovation in the fields of health, energy, the environment and quantum materials. The ILL is engaged in the production of radioisotopes for medical applications since more than 15 years now. A major European project, the ILL was founded in Grenoble in 1967 by France and Germany, joined a few years later by the UK. Today, 13 countries fund the facility for their research communities.
ITM Contact
Corporate Communications
Kathleen Noonan / Julia Westermeir
Phone: +49 89 329 8986 1500
Email: [email protected]
Investor Relations
Ben Orzelek
Phone: +49 89 329 8986 1009
Email: [email protected]
ILL Contact
Radionuclide Production
Ulli Köster
Phone: (+33) (0)4 76 20 71 54
Email: [email protected]
Communications
Catarina Espirito Santo
Phone: (+33) (0)4 76 20 71 07
Email: [email protected]
Attachment
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

France and Spain hit by red weather warnings as Europe burns in 44C heatwave
France and Spain hit by red weather warnings as Europe burns in 44C heatwave

Yahoo

timean hour ago

  • Yahoo

France and Spain hit by red weather warnings as Europe burns in 44C heatwave

France and Spain have issued red weather warnings as temperatures are set to soar in Europe again this week. As the UK braces for its fourth heatwave with 32C heat expected in the capital, Spain's meteorological service Aemet has forecast peaks of 44C heat in Seville on Tuesday as the country swelters. Meanwhile, France could see highs of 39C across Lyon and Montelimar on Tuesday. Met Office spokesperson, Stephen Dixon, said: 'A heatwave over northwest Africa and Iberia will spread further northeast, bringing temperatures well above average for Portugal, Spain, France, Switzerland, Belgium and other parts of Europe. This will spread northeast over the next 4-5 days, reaching places like France and Germany later in the week. 'For Spain and Portugal, temperatures into the 40s Celsius are possible inland by day, with overnight temperature remaining above 20C in many locations. High pressure, as well as day-on-day heating at the time of year with little in the way of cloud is allowing temperatures to rise to well above average for these locations, even for the time of year. 'There's a chance of some health impacts with the heat, especially for those who aren't acclimatised or are outside during the hottest parts of the day.' Spain's red weather warnings denote 'significant risk', with vast swathes of the north and west of the country put under a red heat health alert, the highest level. The red warning states that 'exposure to excessive temperatures can lead to health problems such as 'cramps, dehydration, heat stroke, and heat exhaustion (with multi-organ problems that can include symptoms such as gait instability, seizures, and even coma)', adding that during hot weather older people and children were more sensitive to temperature changes. France's red warning is for the south west of the country, with citizens told to remain 'absolutely vigilant' as 'everyone is at risk, even healthy people' during a heatwave, according to Meteo France, the country's meteorological service. 'Rising temperatures can endanger people at risk, such as the elderly, the disabled, those with chronic illnesses or mental disorders, those who regularly take medication, and those who live in isolation', the service warned in a statement. 'For athletes and people who work outdoors, beware of heatstroke. Also watch over the children.' The heat warnings are expected to stretch into parts of east France on Tuesday, with Ardeche and Rhone experiencing red heat alerts as well, while the majority of the country remain under lower-level orange alerts. Agricultural climatologist Serge Zaka told BFMTV : 'Don't be fooled — this isn't 'normal, it's summer.' It's not normal, it's a nightmare,' as the region is set to experience blistering heat. Wildfires in northern Spain, Portugal, and Turkey Extreme heat and strong winds have caused 'fire whirls' in northern Spain, as 13 fires broke out in the north of Castile and Leon, with 700 people told to abandon their homes. Four fires were still live on Monday morning, according to Juan Carlos Suarez-Quinones, chief of environment for the regional government. "This occurs when temperatures reach around 40 degrees Celsius (104 degrees Fahrenheit) in a very confined valley and then suddenly (the fire) enters a more open and oxygenated area. This produces a fireball, a fire whirl," he said. "This explosive and surprising phenomenon was very dangerous. It disrupted all the work that had been done, forcing us to start practically from scratch," he added. In the northern part of neighbouring Portugal, nearly 700 firefighters were battling a blaze that started on Saturday in Trancoso, some 350 km (200 miles) northeast of Lisbon. Turkey also continues to battle blazes after a fire broke out in an agricultural field in the province of Canakkale, north west Turkey, and spread into surrounding forestland, just two days after firefighting teams had contained a similar blaze in the area. Canakkale governor Omer Toraman said the Dardanelles Strait — the narrow waterway linking the Aegean Sea to the Sea of Marmara — was closed to allow water-dropping planes and helicopters to operate safely.

S&P Global revises credit outlook for Gucci owner Kering to negative from stable
S&P Global revises credit outlook for Gucci owner Kering to negative from stable

Yahoo

time2 hours ago

  • Yahoo

S&P Global revises credit outlook for Gucci owner Kering to negative from stable

By Matt Tracy (Reuters) -S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said on Monday, after sales of Kering's Gucci brand and other products declined in the first half of the year. In a report on Kering's investment grade credit rating, S&P analysts highlighted weakening consumer demand for the French group's luxury apparel across key markets, most notably a 22% year-on-year decline in revenue in the Asia-Pacific and China. The analysts added that Kering had underperformed peers such as LVMH, Dior and Hermes so far this year. Sales of Kering's flagship Gucci brand, which made up over half of its core earnings (EBITDA) last year, fell by a quarter in the first half of 2025, the analysts added. S&P maintained Kering's long-term issuer credit ratings at BBB+, which lies toward the lower end of the high-grade ratings spectrum. "The negative outlook reflects Kering's reduced rating headroom stemming from ongoing pressures in its operating performance, execution risks associated with the company's turnaround initiatives, amid a subdued industry environment," the analysts wrote. Kering in June announced it appointed as its new CEO Luca de Meo, former CEO of French automaker Renault Group, who will take office in mid-September.

S&P Global revises credit outlook for Gucci owner Kering to negative from stable
S&P Global revises credit outlook for Gucci owner Kering to negative from stable

Yahoo

time2 hours ago

  • Yahoo

S&P Global revises credit outlook for Gucci owner Kering to negative from stable

By Matt Tracy (Reuters) -S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said on Monday, after sales of Kering's Gucci brand and other products declined in the first half of the year. In a report on Kering's investment grade credit rating, S&P analysts highlighted weakening consumer demand for the French group's luxury apparel across key markets, most notably a 22% year-on-year decline in revenue in the Asia-Pacific and China. The analysts added that Kering had underperformed peers such as LVMH, Dior and Hermes so far this year. Sales of Kering's flagship Gucci brand, which made up over half of its core earnings (EBITDA) last year, fell by a quarter in the first half of 2025, the analysts added. S&P maintained Kering's long-term issuer credit ratings at BBB+, which lies toward the lower end of the high-grade ratings spectrum. "The negative outlook reflects Kering's reduced rating headroom stemming from ongoing pressures in its operating performance, execution risks associated with the company's turnaround initiatives, amid a subdued industry environment," the analysts wrote. Kering in June announced it appointed as its new CEO Luca de Meo, former CEO of French automaker Renault Group, who will take office in mid-September. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store