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In the Board of Directors meeting held on September 11,2023, our joint Venture Eczacıbaşı Monrol Nükleer Ürünler San. ve Tic. A.Ş. ("Eczacıbaşı Monrol") has decided to invest approximately 35.000.000 (thirty-five million) Euros to increase its production capacity in response to the growing global demand for n.c.a. Lu-177 (*) (non-carrier-added Lu-177) which Eczacıbaşı Monrol is currently producing. This capacity expansion will be phased in and completed by 2026. The investment includes the expansion of existing production lines at Eczacıbaşı Monrol Gebze facility, as well as the establishment of a new production facility at the Gebze campus. With this investment Eczacıbaşı-Monrol aims to produce n.c.a. Lu-177 in compliance with US and EU standarts, using advanced technology applications, for distribution in global markets. (*)n.c.a. Lu-177 is the radionuclide that forms the basis of radioligand therapy, is administered to patients intravenously by binding to target-specific receptor molecules. It is primarily used in the treatment of neuroendocrine and prostate cancers. Pharmaceutical manufacturers are also conducting research to explore its use in the treatment of other types of cancers.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
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