Nordic Nanovector ASA (DE:8NN) has released an update.
Thor Medical ASA has released new investor materials outlining their progress on a fast-track plan to deliver commercial volumes of Th-228, a valuable isotope for cancer treatment, by the end of 2025, anticipating a market growth up to USD 1 billion by 2032. The company is currently constructing a pilot plant to validate their production technology and respond to the increasing demand from radiopharmacological companies in clinical trials. Thor Medical’s innovative production process for alpha-emitters doesn’t require irradiation or nuclear reactors, positioning them as an emerging, environmentally friendly supplier in the radiopharmaceutical industry.
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