PNT - POINT Biopharma and Kinectrics ink long term Ytterbium-176 supply agreement
POINT Biopharma (NASDAQ:PNT) and Kinectrics announce a long-term supply agreement for Ytterbium-176 (Yb-176) to support the company's in-house no-carrier added Lutetium-177 (n.c.a. Lu-177) production program. The input material for creating n.c.a. Lu-177 is Ytterbium-176 (Yb-176): a stable isotope precursor that is irradiated in nuclear reactors, producing Lu-177 through neutron activation. With the agreement with Kinectrics, POINT is laying the groundwork to access large quantities of highly enriched Yb-176, creating the world’s first, stable North American supply of n.c.a. Lu-177.
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POINT Biopharma and Kinectrics ink long term Ytterbium-176 supply agreement