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
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Diary from Cannes: AI's impact on business, a stalled economy, and Disney's succession
As a journalist, you never quite know what you'll learn at a conference where top executives are floating around. Someone like me — the interested observer — is always paying attention to varying things on the ground: the watches execs are wearing (they say a lot), who's wearing health trackers (also says a lot), who's huddled in a corner talking shop, and what their body language is. And of course, what people are actually telling me. To that end, I return from a week at the Cannes Lions advertising and media industry conference. The best way I can describe this event is it's as if the World Economic Forum bought LiveNation and created a rebellious sister conference. By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy This year, I saw and heard a bit of everything, including from NFL great Chad Johnson, who shared he lived in the Cincinnati Bengals' training facility for the first two years of his career to save money. I didn't expect to hear that. I also didn't expect to hear this from DJ Diplo: "I have sold my music catalog a few times. You can always sell and build more. I did a 75% sale like five years ago, and I already built another catalog that I want to maybe move again, because sometimes I'd rather have capital to invest in other things." Where is he putting that fresh capital to work? He said medical devices, fintech companies, and real estate. Suffice to say, this coming week I plan to weave more observations into my new show at Yahoo Finance called Opening Bid. I will debut the show live Monday through Friday from 9:30 a.m. to 10 a.m. ET in a fast-paced format. Excited to bring you the fire (i.e., stock analysis and big interviews). You can watch here or on our app, all major streaming platforms, and DirecTV. Have something you want me to discuss on Monday? Drop me a line today on X @BrianSozzi. In the meantime, here's a roundup of things that stood out to me from my chats on the beach. "Nothing is ever really off the table, and really, the mindset of what's possible is always encouraged." "What I would say there is what's important to us is that we are able to protect our users' privacy, their deletion rights, like we have policies that ensure that when users take down a post, the post is taken down. And so it's really important, and as we've said in our terms of service, that we have a conversation with folks who have access to our data because that's a commitment that we have in terms of our policies, and it's also to know how Reddit data is used." "If I were going to advise the new CEO of Disney, I would say stay close to Bob Iger for the first six months. Really take that apprenticeship to heart because Bob is an amazing CEO — very few like him. If you can just be at his side and look at the whole company ... but get close to Bob, sit by his side, and just learn how he does things." "Look, I'm a consummate optimist, and no matter how difficult it is out there, there are holidays that come. People want to be celebrating with their families. Santa comes every year." "I think it's harder than most people realize. And the interesting thing is, for the past five to 10 years, we have been putting them together — linear TV content creates the streaming content. Now all of that has changed." "I think people are being very intentional where they spend money. It's cyclical, right? So it happens, you know, things get better, and that comes back. What we have seen is that it happens every single time the same way." Brian Sozzi is Yahoo Finance's Executive Editor and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
Mistral AI CEO says AI's biggest threat is people getting lazy
Mistral AI CEO Arthur Mensch says warnings about AI's impact on white-collar workers are overblown. He says the biggest risk AI poses to humans is "deskilling." Mensch said humans needed to remain actively involved in reviewing AI output to keep learning. As tech leaders continue to debate the potential impact of artificial intelligence on the job market, one CEO says the technology's biggest risk may be "deskilling." In an interview with The Times of London, Arthur Mensch, the CEO of the Paris-based firm Mistral AI, dismissed the idea that AI would lead to huge cuts to white-collar jobs, saying the bigger risk was that people may become progressively lazier as they increasingly rely on the tech to search for information. Speaking to the outlet at the VivaTech conference in Paris earlier this month, Mensch, who cofounded the open-source large language model developer alongside Guillaume Lample and Timothée Lacroix in April 2023, said that a key way to avoid this would be to ensure humans remained actively involved in reviewing and critiquing AI output. "It's a risk that you can avoid, if you think of it from a design perspective, if you make sure that you have the right human input, that you keep the human active," he said, adding that he believed it was important humans did not take AI output as the "truth." "You want people to continue learning," he continued. "Being able to synthesize information and criticize information is a core component to learning." Mensch, a former Google DeepMind researcher, also responded to recent warnings that AI poses a threat to white-collar jobs, including from Anthropic CEO Dario Amodei, who recently said that AI could replace half of all entry-level white-collar jobs within five years. "I think it's very much of an overstatement," Mensch said, adding that he believed Amodei liked to "spread fear" about AI as a marketing tactic. Instead, Mensch said he thought AI would change white-collar jobs. "I do expect that we'll have more relational tasks because that's not something you can easily replace," he said. Read the original article on Business Insider
Yahoo
2 hours ago
- Yahoo
Diary from Cannes: AI's impact on business, a stalled economy, and Disney's succession
As a journalist, you never quite know what you'll learn at a conference where top executives are floating around. Someone like me — the interested observer — is always paying attention to varying things on the ground: the watches execs are wearing (they say a lot), who's wearing health trackers (also says a lot), who's huddled in a corner talking shop, and what their body language is. And of course, what people are actually telling me. To that end, I return from a week at the Cannes Lions advertising and media industry conference. The best way I can describe this event is it's as if the World Economic Forum bought LiveNation and created a rebellious sister conference. By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy This year, I saw and heard a bit of everything, including from NFL great Chad Johnson, who shared he lived in the Cincinnati Bengals' training facility for the first two years of his career to save money. I didn't expect to hear that. I also didn't expect to hear this from DJ Diplo: "I have sold my music catalog a few times. You can always sell and build more. I did a 75% sale like five years ago, and I already built another catalog that I want to maybe move again, because sometimes I'd rather have capital to invest in other things." Where is he putting that fresh capital to work? He said medical devices, fintech companies, and real estate. Suffice to say, this coming week I plan to weave more observations into my new show at Yahoo Finance called Opening Bid. I will debut the show live Monday through Friday from 9:30 a.m. to 10 a.m. ET in a fast-paced format. Excited to bring you the fire (i.e., stock analysis and big interviews). You can watch here or on our app, all major streaming platforms, and DirecTV. Have something you want me to discuss on Monday? Drop me a line today on X @BrianSozzi. In the meantime, here's a roundup of things that stood out to me from my chats on the beach. "Nothing is ever really off the table, and really, the mindset of what's possible is always encouraged." "What I would say there is what's important to us is that we are able to protect our users' privacy, their deletion rights, like we have policies that ensure that when users take down a post, the post is taken down. And so it's really important, and as we've said in our terms of service, that we have a conversation with folks who have access to our data because that's a commitment that we have in terms of our policies, and it's also to know how Reddit data is used." "If I were going to advise the new CEO of Disney, I would say stay close to Bob Iger for the first six months. Really take that apprenticeship to heart because Bob is an amazing CEO — very few like him. If you can just be at his side and look at the whole company ... but get close to Bob, sit by his side, and just learn how he does things." "Look, I'm a consummate optimist, and no matter how difficult it is out there, there are holidays that come. People want to be celebrating with their families. Santa comes every year." "I think it's harder than most people realize. And the interesting thing is, for the past five to 10 years, we have been putting them together — linear TV content creates the streaming content. Now all of that has changed." "I think people are being very intentional where they spend money. It's cyclical, right? So it happens, you know, things get better, and that comes back. What we have seen is that it happens every single time the same way." Brian Sozzi is Yahoo Finance's Executive Editor and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email 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
