Supply agreement with Isotopia for Lutetium-177
2022-06-14 · Radiopharm Theranostics, Ltd · original radiopharmtheranostics.com ↗
ASX ANNOUNCEMENT 14 JUNE 2022 1 Radiopharm Theranostics Limited Suite 1, Level 3, 62 Lygon Street, Carlton South VIC 3053 Australia ABN: 57 647 877 889 Radiopharm and Isotopia announce supply agreement for Lutetium-177 N.C.A Collaboration allows Radiopharm to secure access to Lutetium-177 N.C.A., a medical isotope used in multiple clinical trials for radiopharmaceutical therapies in areas of high unmet medical needs SYDNEY, Australia and PETACH TIKVA, Israel – June 14, 2022 - Radiopharm Theranostics (ASX: RAD) and Isotopia Molecular Imaging (Isotopia) have today announced an agreement that will help advance the next generation of Radiopharmaceutical Therapies for cancer treatment. Under this agreement, Isotopia will supply high quality Lutetium-177 N.C.A to Radiopharm Theranostics for the purpose of conducting clinical research, development, manufacture and early-stage commercialization of Radiopharm Theranostics diagnostic and therapeutic products. Lutetium-177 N.C.A is a key isotope required for multiple clinical trials in Radiopharm’s clinical pipeline, and this agreement allows the Company to now accelerate several assets. “Radiopharmaceutical therapies represent the new frontier in oncology and significant growth is expected over the next 5-10 years, when you can combine the right molecule with the right isotope in areas of high unmet medical needs. Access to high quality Lutetium-177, in its high purity version – non- carrier added – allows us to more quickly progress broad pipeline,” said Riccardo Canevari, CEO and Managing Director of Radiopharm. “We are privileged to be a part of this journey as we work with Isotopia to transform outcomes for patient suffering for oncological diseases.” “We are honored to support Radiopharm together with their great leadership team and innovative approach to advance the field of radiopharmaceuticals,” stated Keren Moshkoviz, Director of Business Development at Isotopia. “Isotopia has demonstrated over the past three years its unique platform to support pharmaceutical companies from pre-clinical and clinical development all the way to commercialization with a committed team of experts, 24\7 support, high-quality product, and global weekly supply. We look forward to further strengthening our collaboration with Radiopharm to improve patients’ outcomes.” Isotopia was established in 2006 by renowned Israeli scientists and experts in radiopharmaceuticals. The Lutetium-177 radioisotope is its flagship product having shown significant promise in treating a variety of late-stage cancers. Additional Disclosures The effective date of the supply agreement is 14 June 2022 and there are no material preconditions. The supply agreement is for an initial period of two years and will automatically renew for successive one- year periods unless agreed otherwise by either party. The agreement contains common termination provisions, and a schedule of rates set by Isotopia for the supply of Lutetium-177. The cost of Lutetium- ASX ANNOUNCEMENT 14 JUNE 2022 2 Radiopharm Theranostics Limited Suite 1, Level 3, 62 Lygon Street, Carlton South VIC 3053 Australia ABN: 57 647 877 889 177 is not material to the Company and is allowed for in the Company’s existing budget. No additional or new funding is required for commencement of the agreement. About Isotopia Isotopia Molecular Imaging Ltd. is a dominant Lutetium-177 (177Lu) supplier, its development team is a multidisciplinary team consisting of nuclear pharmacists, radiochemists, nuclear engineers, and physicists. The experienced Isotopia team, together with its nuclear pharmacy, cyclotron facility, 177Lu production site and sterile manufacturing plant, are a well-established platform for manufacturing and collaborations. Isotopia creates collaborations between the scientific and medical community to further develop and experiment with new markers for imaging applications and molecular therapy. For more information: www.isotopia.co.il About Radiopharm Theranostics Radiopharm Theranostics is a clinical stage radiotherapeutics company developing a world-class platform of innovative radiopharmaceutical products for diagnostic and therapeutic applications in areas of high unmet medical need. Radiopharm listed on ASX (ticker: RAD) in November 2021. The company has a pipeline of four distinct and highly differentiated platform technologies spanning peptides, small molecules and monoclonal antibodies for use in cancer, in pre-clinical and clinical stages of development from some of the world’s leading universities and institutes. The pipeline has been built based on the potential to be First to Market or Best in Class. The clinical program includes five Phase 2 and two Phase 1 trials in a variety of solid tumor cancers including breast, kidney and brain, with a total of 156 patients dosed to date. Learn more at radiopharmtheranostics.com. ### Authorised on behalf of the Radiopharm Theranostics board of directors by Chairman Paul Hopper. For more information: Isotopia Keren Moshkoviz Tel: +972 (54) 8182398 Email: [email protected] www.isotopia.co.il Radiopharm Theranostics Riccardo Canevari CEO & Managing Director P: +1 862 309 0293 E: [email protected] Paul Hopper Executive Chairman ASX ANNOUNCEMENT 14 JUNE 2022 3 Radiopharm Theranostics Limited Suite 1, Level 3, 62 Lygon Street, Carlton South VIC 3053 Australia ABN: 57 647 877 889 P: +61 406 671 515 E: [email protected] Media Matt Wright NWR Communications P: +61 451 896 420 E: [email protected] Follow Radiopharm Theranostics: Website – https://radiopharmtheranostics.com/ Twitter – https://twitter.com/TeamRadiopharm Linked In – https://www.linkedin.com/company/radiopharm-theranostics/
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