Medical isotope firm Shine Medical Technologies has unveiled plans to build a new molybdenum-99 (Mo-99) manufacturing plant in Janesville, WI.
The company plans to complete the facility by 2015; it will have more than 100 employees, with the potential for future employment growth. The new plant would make Shine the first large-scale supplier of Mo-99 in the U.S., the company said.
Earlier this year, Shine secured $11 million in venture equity funding for further development of its manufacturing technology.
