Latest news with #SPECT
Hans India
30-07-2025
- Health
- Hans India
Over 500 nuclear medicine facilities available in govt, private sector: Jitendra Singh
New Delhi: More than 500 nuclear medicine facilities are available in the government and private sectors, Union Minister of State for Department of Atomic Energy Jitendra Singh informed the Parliament on Wednesday. In a written reply in Lok Sabha, Singh shared information on nuclear energy's potential to be applied in the health sector for advanced treatment of various ailments. 'Nuclear medicine can be practiced in both diagnostics and therapeutics. In India, Single Photon Emission Computerised Tomography (SPECT), Positron Emission Tomography (PET), and Computerised Tomography (CT) are the devices through which diagnostic nuclear medicine is practiced,' Singh said. 'These help in staging, restaging, and response evaluation of cancer. There is availability of nuclear medicine facilities in the country in both the government and private sectors. There are more than 500 such facilities available,' he added. Nuclear medicine imaging provides unique information by helping doctors view how organs are functioning, which is different from X-rays or CT scans that show only anatomical structure. Further, Singh shared that the government has taken several initiatives to augment research and development of nuclear medicine in the country. 'R&D is ongoing in radioisotope production, purification, and development of new technologies to ensure an enhanced and uninterrupted supply of medical radioisotopes in the country," the MoS said. This includes several indigenously produced radiopharmaceutical products developed at Bhabha Atomic Research Centre (BARC). The products have also been launched for applications like radiation synovectomy, therapy of neuroendocrine tumours, breast cancer, bone pain palliation, liver cancer, and non-Hodgkin's lymphoma, Singh said. "BARC regularly produces radioisotopes and radiopharmaceuticals and supplies them through the Board of Radiation and Isotope Technology (BRIT) to various nuclear medicine centres across India, enabling broader availability of diagnostic and therapeutic services, including in rural and underserved areas," Singh said. In addition, Tata Memorial Centre, an aided institute under the aegis of the Department of Atomic Energy, has established P Ramaiah Naidu Shodhika -- an advanced Nuclear Medicine Research and Treatment unit in the Advanced Centre for Treatment, Research and Education in Cancer (ACTREC) in Mumbai. The facility has 41 hot beds, one of the largest therapeutic nuclear medicine units in the world and was inaugurated in 2023. It has state-of-the-art facilities for nuclear medicine and basic research. TMC has also established the Homi Bhabha Cancer Hospital and Mahamana Pt. Madan Mohan Malviya Cancer Centre at Varanasi, UP. There are 2 PET CT, 1 SPECT CT, High Dose Radioiodine Therapy, and a Theranotic Facility available for the use of nuclear medicine and diagnostic purposes, the Minister informed.
Yahoo
03-07-2025
- Health
- Yahoo
Business and Investment Opportunities in Nuclear Medicine 2025-2030: North America Leads, Asia-Pacific Races
Nuclear Medicine Market Dublin, July 03, 2025 (GLOBE NEWSWIRE) -- The "Nuclear Medicine Market Size, Share & Trends Analysis Report by Product (Diagnostics, Therapeutics), Application (Cardiology, Neurology, Oncology), End-use (Hospitals, Diagnostic Centers), and Region with Growth Forecasts, 2025-2030" has been added to Nuclear Medicine Market was valued at USD 17.77 billion in 2024, and is projected to reach USD 34.51 billion by 2030, rising at a CAGR of 10.16%. The increasing prevalence of chronic diseases such as cancer & thyroid is anticipated to drive market growth. The impending approval of multiple radiopharmaceutical therapeutics during the forecast period will be a major driver for the market. For instance, in March 2022, Novartis AG received approval for Pluvicto (Lu 177) for the treatment of adult patients with prostate cancer. Nuclear Medicine Market Report Highlights By product type, the SPECT segment held the largest share of the diagnostics market due to low cost, high accuracy, and wide usage in different applications. The PET segment is expected to grow lucratively over the forecast period due to the approval & launch of new products such as PYLARIFY PET imaging agent for prostate cancer. By application, the oncology segment dominated the market in 2024. North America dominated the market with a share of 42.87% in 2024, owing to increased awareness about current treatment therapies, favorable reimbursement policies, and improved patient affordability. The Asia-Pacific region is expected to be the fastest-growing region considerably in the future due to the rising prevalence of chronic diseases, rising geriatric population, and approval of new products during the forecast period. According to the Pan American Health Organization (PAHO), in 2022, globally around 20 million new cases of cancer are estimated to be diagnosed, and around 10 million deaths occurred due to this disease. Factors like changing lifestyle, unhealthy diet, and less awareness about oral hygiene in low and middle-income countries is the most common cause of the prevalence of adoption of nuclear medicine products in diagnosis and the approval of new generators to help increase the supply of radionuclides is expected to drive growth. For instance, in November 2021, EZAG received the Brazilian Health Authority Regulatory Agency's (ANVISA) approval for GalliaPharm in Brazil. It is a gallium-68 generator used to extract the positron-emitting isotope of gallium from a source of decaying germanium-68 for making G68 dotatate injection. This is the first and only gallium generator approved for pharmaceutical use in Brazil. The approval of such products contributes to the market growth in developing light of the COVID-19 pandemic, the market was moderately impacted. A survey was conducted for reactor-based medical isotopes by International Atomic Energy Agency (IAEA) during the second quarter of 2020 to assess the continuity of the supply chain during the COVID-19 crisis. It was revealed that major producers continued with production in line with IAEA safety standards, as their operations were categorized as essential by their respective governments. This report addresses: Market intelligence to enable effective decision-making Market estimates and forecasts from 2018 to 2030 Growth opportunities and trend analyses Segment and regional revenue forecasts for market assessment Competition strategy and market share analysis Product innovation listings for you to stay ahead of the curve Why Should You Buy This Report? Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments. Competitive Landscape: Explore the market presence of key players. Future Trends: Discover the pivotal trends and drivers shaping the future of the market. Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions. Key Attributes Report Attribute Details No. of Pages 170 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $17.77 Billion Forecasted Market Value (USD) by 2030 $34.51 Billion Compound Annual Growth Rate 10.1% Regions Covered Global Key Topics CoveredChapter 1. Methodology and ScopeChapter 2. Executive Summary2.1. Market Outlook2.2. Segment Outlook2.2.1. Product and Application Outlook2.2.2. End Use Outlook2.2.3. Regional Outlook2.3. Competitive Insights Chapter 3. Nuclear Medicine Market Variables, Trends & Scope3.1. Market Lineage Outlook3.1.1. Parent Market Outlook3.1.2. Related/Ancillary Market Outlook3.2. Market Dynamics3.2.1. Market Driver Analysis3.2.1.1. Rising Incidence of Cancer and Cardiovascular Diseases3.2.1.2. Increasing Application of Radiopharmaceuticals/Nuclear Medicine3.2.1.3. Growing Demand for Accurate Diagnostic Methods3.2.2. Market Restraint Analysis3.2.2.1. High Cost of Treatment3.2.2.2. Stringent Regulations Pertaining to Production, Storage, & Usage3.3. Nuclear Medicine Market Analysis Tools3.3.1. Industry Analysis - Porter's3.3.2. PESTEL Analysis3.3.3. Pipeline Analysis Chapter 4. Nuclear Medicine Market: Product Estimates & Trend Analysis4.1. Global Nuclear Medicine Market: Product Dashboard4.2. Global Nuclear Medicine Market: Product Movement Analysis4.3. Global Nuclear Medicine Market by Product, Revenue4.4. Diagnostics4.5. Therapeutics Chapter 5. Nuclear Medicine Market: Application Estimates & Trend Analysis5.1. Global Nuclear Medicine Market: Application Dashboard5.2. Global Nuclear Medicine Market: Application Movement Analysis5.3. Global Nuclear Medicine Market Estimates and Forecasts, by Application, Revenue (USD Million)5.4. Cardiology5.5. Neurology5.6. Oncology5.7. Thyroid5.8. Lymphoma5.9. Bone Metastasis5.10. Endocrine Tumor5.11. Pulmonary Scans5.12. Urology5.13. Others Chapter 6. Nuclear Medicine Market: End Use Estimates & Trend Analysis6.1. Global Nuclear Medicine Market: End Use Dashboard6.2. Global Nuclear Medicine Market: End Use Movement Analysis6.3. Global Nuclear Medicine Market Estimates and Forecasts, by End Use, Revenue (USD Million)6.4. Hospitals6.5. Diagnostic Centers6.6. Others Chapter 7. Nuclear Medicine Market: Regional Estimates & Trend Analysis by Product, Application, and End Use7.1. Regional Dashboard7.2. Market Size, & Forecasts Trend Analysis, 2018 to 20307.3. North America7.4. Europe7.5. Asia-Pacific7.6. Latin America7.7. MEA Chapter 8. Competitive Landscape8.1. Recent Developments & Impact Analysis, by Key Market Participants8.2. Company/Competition Categorization8.3. Vendor Landscape8.3.1. List of Key Distributors and Channel Partners8.3.2. Key Customers8.3.3. Key Company Market Share Analysis, 20248.3.4. GE Healthcare8.3.5. Jubilant Life Sciences Ltd.8.3.6. Nordion (Canada), Inc.8.3.7. Bracco Imaging S.p.A.8.3.8. The Institute for Radioelements (IRE)8.3.9. NTP Radioisotopes SOC Ltd.8.3.10. The Australian Nuclear Science and Technology Organization8.3.11. Eczacibasi-Monrol8.3.12. Lantheus Medical Imaging, Inc.8.3.13. Eckert & Ziegler8.3.14. Mallinckrodt8.3.15. Cardinal Health For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Nuclear Medicine Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error 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
The Hindu
02-07-2025
- Health
- The Hindu
PET CT scan and Gamma camera to be commissioned at Tiruchi GH soon
A Positron Emission Tomography (PET) and Computed Tomography (CT) scan centre with Gamma camera (SPECT) will become functional at the Mahatma Gandhi Memorial Government Hospital (MGMGH) in Tiruchi by the end of the year, according to official sources. As per a recent work order issued by Tamil Nadu Medical Services Corporation, the project is to be executed by Bengaluru-based company Matrix Imaging Solutions India, under the 'Build, Own and Operate' model of private-public partnership, which will not create any new expenditure for the State Government. 'The successful bidder (service provider) will have to pay 10% of their monthly collection to the Hospital Maintenance Fund for the utilisation of space, water and electricity,' according to the work order. Experienced specialists and technicians will be recruited by the service provider. The period of the contract is initially set at five years. 'We have identified a place for the new facility, and since it will emit radiation, stringent precautions will be taken to ensure safety. All the materials used will be approved by the Atomic Energy Regulatory Board (AERB). The facility will be designed according to industrial specifications. 'Hot toilets' will also be built inside the premises. We expect the centre to be ready by the end of this year,' a senior MGMGH official told The Hindu. He added that two rooms had been earmarked in the Super-Speciality Block of the hospital to provide easy access to patients from private and public hospitals. According to the initial price list (applicable to all patients), a whole body PET-CT scan will cost ₹11,000. Other scan prices range from ₹9,200 to ₹6,500. Gamma camera studies will cost ₹1,200 to ₹12,900. Patients covered by the Chief Minister's Comprehensive Health Insurance Scheme will be scanned on cashless mode with requisite authentication.
Hamilton Spectator
21-05-2025
- Business
- Hamilton Spectator
Curium and NRG PALLAS extend collaboration in the supply of essential medical isotope to hospitals
PETTEN, The Netherlands, May 21, 2025 (GLOBE NEWSWIRE) — NRG PALLAS and Curium have extended their collaboration to produce molybdenum-99 through a new multi-year agreement. Molybdenum-99, which transforms into technetium-99, is a critical isotope used in nuclear medicine. This agreement underlines the shared dedication of both partners to a stable and uninterrupted supply of technetium-99m for patient care worldwide. More Than 50 Million Diagnosis Annually Technetium-99m is used for hospitals and patients. More than 50 million nuclear medicine procedures are performed each year, with technetium-99m used in more than 80% of these diagnosis. The multi-year agreement between NRG PALLAS and Curium is essential to ensure the continuity of medical isotope supply. Peter Luijten, CEO NRG PALLAS, said 'These isotopes are important for both doctors and patients. The demand for technetium-99m remains strong and our close collaboration with Curium ensures hospitals will continue to be supplied with this isotope for years to come.' Frank de Lange, General Manager of Curium Netherlands, said 'The stable, global supply of medical isotopes to patients with specific health conditions is critical for accurate diagnosis before the treatment cycle of the patient begins. This partnership guarantees that supply.' About technetium-99m from molybdenum-99 Patients undergoing a SPECT scan in hospitals with indications such as cardiovascular diseases or various cancers receive an injection of a tracer—a radioactive substance. The radioactive component, technetium-99m, is derived from the molybdenum-99 manufactured by Curium from low-enriched uranium irradiated by NRG PALLAS. The irradiation process to produce molybdenum-99currently takes place in the High Flux Reactor (HFR) in Petten, the Netherlands, which operates around 260 days per year. As planned, this role will be taken over by the PALLAS-reactor, expected to be operational from 2030 onwards, which will offer an extended operational window of approximately 300 days per year. NRG PALLAS has implemented an extensive Long Term Safe Operation program for the HFR to maintain the safety and reliability of the reactor until the transition of irradiations to the PALLAS-reactor. About Curium Pharma Curium is a world leader in nuclear medicine with global headquarters in Paris, France. We develop, manufacture, and distribute world-class radiopharmaceutical products to help patients around the globe. Our proven heritage combined with a pioneering approach are the hallmarks to deliver innovation, excellence, and unparalleled service. With manufacturing facilities across Europe and the United States, Curium delivers SPECT, PET and therapeutic radiopharmaceutical solutions for cancer and other debilitating conditions to over 14 million patients annually. The name 'Curium' honors the legacy of pioneering radioactive materials researchers Marie and Pierre Curie, after whom the radioactive element curium was named and emphasizes our focus on nuclear medicine. To learn more, visit For more information: communications@ About NRG PALLAS NRG PALLAS is a Global Leader in Research on New Nuclear Technologies. Using the High Flux Reactor (HFR), NRG PALLAS produces medical isotopes that enable doctors worldwide to diagnose and treat diseases. Every day, 30,000 patients rely on medical isotopes from the Netherlands. To ensure future supply security, preparations are underway for the construction of the PALLAS-reactor. For more information: NRG PALLAS | Bram de Groot | Tel: +31 (0)6 42231102 | e-mail: | | LinkedIn NRG PALLAS
Yahoo
09-05-2025
- Business
- Yahoo
LNTH Q1 Earnings Call: Lantheus Lowers Outlook Amid Product Shifts and Divestitures
Radiopharmaceutical company Lantheus Holdings (NASDAQ:LNTH) missed Wall Street's revenue expectations in Q1 CY2025, with sales flat year on year at $372.8 million. The company's full-year revenue guidance of $1.57 billion at the midpoint came in 1.8% below analysts' estimates. Its non-GAAP profit of $1.53 per share was 7.5% below analysts' consensus estimates. Is now the time to buy LNTH? Find out in our full research report (it's free). Revenue: $372.8 million vs analyst estimates of $378.8 million (flat year on year, 1.6% miss) Adjusted EPS: $1.53 vs analyst expectations of $1.65 (7.5% miss) Adjusted EBITDA: $149.6 million vs analyst estimates of $172.9 million (40.1% margin, 13.4% miss) The company dropped its revenue guidance for the full year to $1.57 billion at the midpoint from $1.58 billion, a 0.6% decrease Management lowered its full-year Adjusted EPS guidance to $6.65 at the midpoint, a 6.3% decrease Operating Margin: 27.4%, down from 28.8% in the same quarter last year Free Cash Flow Margin: 26.5%, down from 32.2% in the same quarter last year Market Capitalization: $5.57 billion Lantheus Holdings' first quarter results were driven by a combination of steady performance from its core imaging agents and significant business transformation initiatives. Management attributed the quarter's results to the impact of contracting strategies in its radiopharmaceutical segment, ongoing competitive dynamics in its PYLARIFY product, and the divestiture of its SPECT business. CEO Brian Markison emphasized, 'We are laying the foundation for the next chapter of our business,' highlighting the importance of recent acquisitions and a focus on PET radiodiagnostics and radiotherapeutics. Looking ahead, Lantheus' downward adjustment of full-year guidance was shaped by a more cautious view on PYLARIFY's growth trajectory and anticipated integration costs from new acquisitions. Management remains focused on streamlining its portfolio, expanding its Alzheimer's disease diagnostics via the Life Molecular Imaging acquisition, and investing in early- and late-stage pipeline assets. Markison noted that these moves are designed to 'diversify our revenue streams and unlock additional value,' though leadership acknowledged ongoing headwinds in reimbursement and market competition. Lantheus' leadership pointed to ongoing portfolio realignment and competitive pressure as key influences on first quarter outcomes. The company's business update centered around the strategic sale of its SPECT business, acquisitions targeting growth in PET imaging, and the positioning of its pipeline for future expansion. Portfolio transformation underway: Management is actively shifting away from legacy SPECT imaging, opting to divest this segment to SHINE Technologies. This streamlining move is intended to focus the company on higher-margin PET diagnostics and radiotherapeutics. Acquisition-driven pipeline expansion: The completed Evergreen Theragnostics acquisition and pending Life Molecular Imaging (LMI) deal are expected to add commercial products and expand the pipeline, particularly in neuroendocrine tumor imaging and Alzheimer's diagnostics. Evergreen brings manufacturing capabilities and a pipeline that includes OCTEVY, while LMI adds NEURACEQ, a PET imaging agent for Alzheimer's disease. PYLARIFY market dynamics: PYLARIFY, Lantheus' PSMA PET imaging agent, saw continued volume growth offset by a low-single-digit decline in net price. Management cited increased competitive disruption among smaller, non-contracted imaging centers due to reimbursement changes, but believes expanded contracting and product availability will help regain momentum. Alzheimer's diagnostics opportunity: The company anticipates significant growth in the Alzheimer's PET imaging market, citing over 100 therapeutic candidates in development. Management expects its combined Alzheimer's diagnostics platform to be positioned for leadership as the market expands. Margin pressures and cost allocation: Operating margins declined in part due to increased R&D spend supporting a broader pipeline and non-recurring transaction expenses. The company expects divesting lower-margin businesses and integrating acquisitions to support future margin improvement. Management's outlook for the remainder of the year is shaped by the integration of new acquisitions, ongoing reimbursement headwinds in core imaging agents, and anticipated growth in the Alzheimer's diagnostics market. Integration of new acquisitions: Lantheus expects the addition of Evergreen and LMI to diversify its revenue base and provide new growth avenues, though near-term earnings will be diluted by integration costs and increased R&D investment. Reimbursement environment and competition: Ongoing changes in Medicare reimbursement and heightened competition, especially for PYLARIFY, are expected to impact near-term growth and pricing power. Management is focused on expanding contracting efforts to smaller imaging centers to mitigate these effects. Alzheimer's diagnostics and pipeline launches: The company believes growth in Alzheimer's disease PET imaging will accelerate with the launch of new diagnostic agents and continued development of therapeutic partnerships, positioning Lantheus to benefit from increasing demand in this area. Anthony Petrone (Mizuho Financial Group): Asked about PYLARIFY's competitive dynamics and the rationale for divesting the SPECT business; management described short-term disruptions among smaller centers and emphasized a focus on growth platforms. Roanna Ruiz (Leerink Partners): Queried about drivers for the narrowed guidance range and how resources from the SPECT sale would be redeployed; management cited more cautious PYLARIFY assumptions and a focus on PET diagnostics and radiotherapeutics. Richard Newitter (Truist Securities): Sought clarity on expected dilution from acquisitions and whether double-digit revenue growth in 2026 remains likely; management reiterated low-single-digit dilution and stated that double-digit growth is still anticipated with full-year contributions from acquisitions. Matt Taylor (Jefferies): Asked how the acquisitions would affect growth rates in 2026 and beyond; management pointed to launches of OCTEVY, PNT2003, and Alzheimer's agents as potential drivers for sustained double-digit growth. Paul Choi (Goldman Sachs): Inquired about PYLARIFY pricing trends and the outlook for Alzheimer's PET scan market growth post-acquisition; leadership highlighted ongoing payer discussions and robust growth in Alzheimer's imaging claims. In future quarters, the StockStory team will watch (1) the pace and success of Evergreen and Life Molecular Imaging integration, (2) stabilization and potential recovery in PYLARIFY's pricing and volume trends as new contracting strategies are implemented, and (3) early signs of expansion in the Alzheimer's PET imaging segment following NEURACEQ's addition. The timing of key regulatory filings and product launches will also be critical markers for the company's evolving growth trajectory. Lantheus currently trades at a forward P/E ratio of 11.2×. Is the company at an inflection point that warrants a buy or sell? The answer lies in our free research report. 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