TAG1 and NRG PALLAS to Expand Lead-212 Supply
TAG1 Inc. and NRG PALLAS B.V. sign LOI to advance access to Lead-212 for radiopharma cancer therapies across Europe.
Together, TAG1 and NRG PALLAS will work to deliver pre-clinical and clinical quantities of Lead-212 to cancer drug innovators across Europe, including pioneering therapeutic companies and hospital-based adult and pediatric oncology programs.
Under the LOI, the two organizations intend to combine TAG1's proprietary portable Lead-212 generator with NRG PALLAS' world-class Radium-224 production capabilities to meet the supply challenges facing the industry. The partnership will establish a secure, stable, and open supply platform for Lead-212 throughout Europe.
"This milestone represents an important step in finding new cures for cancer," said Sumit Verma, President and CEO of TAG1. "By combining NRG PALLAS' experience and infrastructure with TAG1's portable generator, we believe we can accelerate the development of new Lead-212-based therapeutics for patients."
"This LOI reflects our commitment to turning ambition into action," said Maurits Wolleswinkel, CEO of NRG PALLAS. "By joining forces with TAG1, we are taking a meaningful step toward making NRG PALLAS a leading supplier of Lead-212 in Europe and toward making the vision of the Lead4Life program a reality for patients."
The Netherlands recently launched Lead4Life, an innovative public-private partnership focused on developing Lead-212-based radiopharmaceuticals, with significant emphasis on production and supply chain development. NRG PALLAS and TAG1 are actively exploring how their collaboration can accelerate the pathway from laboratory to patient within this broader initiative.
About TAG1 Inc.
About NRG PALLAS
NRG PALLAS is a world leader in nuclear solutions, specializing in the production of medical isotopes and the development of advanced nuclear technologies.
SOURCE TAG1, Inc.
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