PanTera signs agreement with Bayer for the supply of actinium-225
February 13 2024 - 1:30AM
PanTera signs agreement with Bayer for the supply of actinium-225
Agreement demonstrates PanTera’s unique ability
to support the radionuclide therapeutics industry in bringing new
cancer treatments to patients
Mol, Belgium, February 13,
2023: PanTera, the Belgian joint venture created by IBA
and SCK CEN to secure large-scale production of alpha-emitting
radioisotopes, today announces the signing of a capacity
reservation agreement with Bayer for the supply of actinium-225
(225Ac) starting in the second half of 2024.
This first agreement with a major drug developer
reflects PanTera’s unique position to be a reliable, EU-based
supplier of 225Ac from this year onward. In 2024, PanTera will
continue to work on increasing access to 225Ac for clinical trial
needs, as well as on the development of a large-scale,
state-of-the-art production facility to address growing global
demand.
Sven Van den Berghe, CEO of PanTera,
commented, “PanTera’s emerging ability to start supplying
225Ac this year will allow research and clinical trials in this
domain to advance. The combined expertise and technology from SCK
CEN and IBA places PanTera in a unique position to become the go-to
global supplier of 225Ac for clinical trials and commercial use.
PanTera is committed to supporting the pharmaceutical industry by
scaling up production to meet the significant global demand for
targeted radiopharma-based therapeutics in the fight against
cancer.”
***
About PanTera
PanTera, an IBA and SCK CEN joint-venture, aims
to secure the large-scale production of actinium-225 (225Ac), one
of the most promising alpha-emitting radioisotopes to fight
cancers. By working towards this large-scale production, PanTera’s
ultimate goal is to improve the accessibility of future innovative
cancer therapy based on 225Ac and theranostics in general.
More information can be found at:
www.pantera-life.com
About IBA
IBA (Ion Beam Applications S.A.) is the world
leader in particle accelerator technology. The company is the
leading supplier of equipment and services in the field of proton
therapy, considered to be the most advanced form of radiation
therapy available today. IBA is also a leading player in the fields
of industrial sterilization, radiopharmaceuticals and dosimetry.
The company, based in Louvain-la-Neuve, Belgium, employs
approximately 2,000 people worldwide. IBA is a certified B
Corporation (B Corp) meeting the highest standards of verified
social and environmental performance.
IBA is listed on the pan-European stock exchange
EURONEXT (IBA: Reuters IBAB.BR and Bloomberg IBAB.BB).
More information can be found
at: www.iba-worldwide.com
About SCK CEN
70 years of experience in nuclear research and
technology
SCK CEN is one of the largest research
institutions in Belgium. Every day, more than 900 employees
dedicate themselves to developing peaceful applications of
radioactivity. SCK CEN's research activities focus on three main
areas: innovative nuclear systems, nuclear waste management and
dismantling, and the resolute fight against cancer. World-renowned,
SCK CEN shares its knowledge through countless publications and
training courses, so that this pool of exceptional competence can
be maintained.
More information can be found at:
www.sckcen.be
CONTACTS
PanTeraSven Van den Berghe–
info@pantera-life.com +32 475 40 17 27
IBA : Soumya Chandramouli
(Chief Financial Officer) – investorrelations@iba-group.comOlivier
Lechien (Corporate Communication Director –
communication@iba-group.com+32 10 475 890
SCK CENWendy De Groote –
pers@sckcen.be+32 471 78 37 35
- 20240212-PR-Pantera-Bayer_Final
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