Cellectar opens new facility

AuntMinnie.com staff writers

Dec 10, 2007

Radiopharmaceutical firm Cellectar has opened a new $3.3 million radiopharmaceutical research, development, and manufacturing facility and headquarters in Madison, WI.

The facility allows Cellectar to manufacture and radiolabel its lead compound, CLR1404, to advance the compound toward planned phase I clinical trials in mid-2008.

Features of the new radiolabeling facility include an isolator that allows scientists to safely label CLR1404 with iodine-131, a radioisotope commonly used to treat cancer, and iodine-124, a positron-emitting isotope that will allow CLR1404 to be used with PET imaging.

Related Reading

Cellectar taps Clarke as CEO, April 5, 2007

New growth for diagnostic radiopharmaceuticals, November 9, 2006

Copyright © 2007 AuntMinnie.com

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