Wisconsin-based NorthStar Medical Radioisotopes just got an $11.75 million in government funding to develop new isotope-development technologies for use in medical imaging.
Right now, the radioisotopes used most commonly in medical imaging diagnostics are developed using weapon-grade uranium – and outside of the U.S. This can lead to chronic product shortages as well as safety and national security concerns – which is why the government is funneling money into a new development method of isotope development.
Funding comes from the U.S. Department of Energy’s nuclear division to develop a way to produce the medical radioisotope molybdenum-99 (Mo-99) without using highly enriched uranium. Mo-99 is the parent isotope of technetium-99m (Tc-99m), which is the most widely used radioisotope in medical imaging diagnostics.
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Specifically, $8.86 million will support NorthStar’s neutron capture production process, and $2.89 million will be used for its accelerator production process.