Molecular Insight buys Texas radiopharma plant

AuntMinnie.com staff writers
May 17, 2007

Molecular Insight Pharmaceuticals of Cambridge, MA, said it plans to buy a radiopharmaceutical manufacturing facility in Texas for $3 million.

The company is buying the facility, located in Denton, from NeoRx Manufacturing Group, a wholly owned subsidiary of Poniard Pharmaceuticals of South San Francisco, CA. Molecular Insight said the deal is in line with its strategy to buy a radiopharmaceutical manufacturing facility for the production of its molecular imaging products Zemiva and Trofex, and its targeted radiotherapeutic products like Azedra, Onalta, and Solazed.

By AuntMinnie.com staff writers
May 18, 2007

Related Reading

Molecular Insight adds revenues in Q1, May 15, 2007

Molecular Insight prices IPO, February 2, 2007

Molecular Insight starts phase I neuroendocrine cancer trial, June 22, 2006

Molecular Insight begins phase II clinical trial, March 27, 2006

MDS Nordion, Molecular Insight Pharmaceutical partner, February 16, 2006

Copyright © 2007 AuntMinnie.com

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