Molecular Insight inks radiopharma deal

Radiopharmaceutical developer Molecular Insight Pharmaceuticals has signed an agreement with the Centre for Probe Development and Commercialization in Canada to manufacture a new radiopharmaceutical designed to deliver therapeutic doses of radiation directly to metastatic prostate cancer.

The radiopharmaceutical, iodine-131 (I-131) MIP-1466, would be the first small-molecule-based radiopharmaceutical to specifically target prostate-specific membrane antigen (PSMA), a type of protein expressed in high levels on prostate tumors.

It is scheduled to begin clinical trials early next year.

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