Blue Earth, PETNet ink new supply deal

2019 12 19 00 53 5252 Hands Shaking Deal 400

Bracco molecular imaging subsidiary Blue Earth Diagnostics and Siemens Healthineers subsidiary PETNet Solutions have signed a new commercial supply contract for Blue Earth's Axumin (fluciclovine F-18) radiopharmaceutical and its investigational radiohybrid prostate-specific membrane antigen imaging agent, rhPSMA-7.3 (F-18).

Under the new multiyear deal, PETNet will expand production and continue distributing Axumin. It will also commercially manufacture and distribute rhPSMA-7.3 (F-18) pending its successful development and potential approval by the U.S. Food and Drug Administration (FDA), according to the companies. PETNet is already producing rhPSMA-7.3 (F-18) for Blue Earth's phase III clinical trials in patients with newly diagnosed or recurrent prostate cancer.

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