— NorthStar Medical Radioisotopes has received and installed a specialized device that can produce a radioactive material used in certain cancer therapies.
The company recently announced the custom-built electron beam accelerator was delivered and installed at its Beloit facility, which will be dedicated to producing the therapeutic radioisotope called actinium-225.
According to a release from NorthStar, this substance is used in clinical studies for targeted radiopharmaceutical therapy, which can destroy cancerous cells with radiation while avoiding healthy cells. While Ac-225 is gaining popularity among medical experts for this type of therapy, current availability is “inadequate” for clinical trials, research and commercial application due to production limitations, the company says.
“Delivery of this electron beam accelerator brings NorthStar Medical Radioisotopes a step closer to commercial production of Ac-225 and marks a tremendous milestone event for NorthStar, nuclear medicine and patient health,” CEO Stephen Merrick said in the release.
The company says development of the Beloit facility is “well underway” and plans to begin production on Ac-225 later this year or in early 2024. Merrick says the company expects to submit its drug master file to the FDA next year, and can begin to provide the material to its customers once it’s accepted.
Merrick said NorthStar has “production capacity to meet all customer needs from research through commercialization, and we can readily scale up further as market demand increases.”
By using the electron accelerator to produce the Ac-225, the company can avoid “long-lived radioactive byproducts” created by other production methods, the release shows. These byproducts can “pose regulatory and waste management challenges for hospitals, health systems and other healthcare institutions,” the company says.
See more details in the release: https://www.northstarnm.com/northstar-medical-radioisotopes-receives-electron-beam-accelerator-for-first-of-its-kind-commercial-scale-u-s-production-of-important-therapeutic-radioisotope-actinium-225-ac-225/#
See an earlier story on the company: https://www.wisbusiness.com/2022/northstar-announces-new-contract-development-and-manufacturing-business-unit/
<br><b><i>Top headlines from the Health Care Report …</b></i>
— A bipartisan group of lawmakers is circulating a bill they say would standardize the criminal penalty for health care providers who sexually assault their patients.
<i>For more of the most relevant news on COVID-19, reports on groundbreaking health research in Wisconsin, links to top stories and more, sign up today for the free daily Health Care Report from WisPolitics.com and WisBusiness.com.</i>
Sign up here: http://forms.gle/o8FtqTLviGJPja8C9
— The top seven locations in Wisconsin for tourism dollars make up more than half of all statewide visitor spending, according to a Door County travel site.
Using data from the Department of Tourism, HelloDoorCounty.com compiled a list of the top Wisconsin communities for tourism spending in 2021.
These include: the metropolitan Milwaukee area, with $2.75 billion; Wisconsin Dells and Devil’s Lake, with $1.85 billion; Madison, $1.05 billion; Green Bay, $633 million; Lake Geneva, $595 million; Northwoods Lake Country, $523 million; and Door County, $423 million.
Those totals made up about 61 percent of the state’s overall $12.9 billion tourism spending figure for the year, according to the report. These figures capture direct spending on things like lodging, meals and entertainment.
Mark Stoneman, the site’s editor, said the report was prompted by an “informational gap” for tourism in the state.
“Many travel blogs have lists like ‘Top Wisconsin Vacation Destinations.’ But, their lists seem arbitrary and aren’t backed up by data,” he wrote. “On the other hand, publicly available data was not formatted well for public consumption. So, we analyzed the data and presented it in a way that is useable for the general public.”
See the full report: https://hellodoorcounty.com/popular-wisconsin-travel-destinations/
See the release: https://www.wisbusiness.com/2023/hello-door-county-data-analysis-reveals-7-most-popular-wisconsin-travel-destinations/
— The Greater Milwaukee Urban League is touting a new online platform aimed at supporting women of color in the region’s business community.
According to a release announcing the Leaders LeadUp platform, it will function as both an online social network and educational service for users. It was founded by Janette Braverman, founder and CEO of consulting firm Leaders Leaving Legacies, based in the Milwaukee area.
She says the platform aims to “uplift, support, and amplify the talents and voices of amazing women of color and underrepresented groups,” while connecting them with successful executives and entrepreneurs. It will be officially launched later this month, according to the release.
See more details: https://www.wisbusiness.com/2023/greater-milwaukee-urban-league-supports-leaders-leadup-platform-to-advocate-for-women-of-color-in-business/
****************************************
Register now for a March 16 event on clean energy & the Inflation Reduction Act
WisPolitics.com & WisBusiness.com present, “The clean energy shift is underway: How will the Inflation Reduction Act accelerate the transition.”
Keynote speaker is TIME senior correspondent Justin Worland.
A panel, moderated by “UpFront” co-host Gerron Jordan, follows. Panelists include:
Chuck McGinnis, Johnson Controls Inc. senior executive
Randy Satterfield, clean energy consultant and former transmission company executive
Maria Redmond, director, Wisconsin Office of Sustainability and Clean Energy
The March 16 event takes place at Discovery World in Milwaukee.
Cost: $29 including box lunch and parking
Partner: American Sustainable Business Network
Initial sponsor: Wisconsin Environmental Initiative
See details and buy tickets: https://www.wispolitics.com/event/wispolitics-com-wisbusiness-com-the-clean-energy-shift-is-underway-how-will-the-inflation-reduction-act-accelerate-the-transition
****************************************
#TOP STORIES#
# Wisconsin sees increased child labor complaints as violations rise nationally
# Brookfield doctor will repay over $2 million for defrauding state Medicaid program
# GE HealthCare: No Milwaukee impact from CT, ultrasound joint venture in China
#TOPICS#
# AGRIBUSINESS
– Marbleseed Conference draws organic farmers from across Midwest
http://wisconsinagconnection.com/story-state.php?Id=268&yr=2023
# CONSTRUCTION
– Milwaukee-area engineers highlight advances in technology, accomplishments
– $55 million Bronzeville arts center project could be funded from Gov. Tony Evers’ budget
# ECONOMY
– Wisconsin food, forestry producers export record amount in 2022
# ENVIRONMENT
– Wisconsin farmers are ‘carbon curious,’ but few participate in offset programs
# FOOD AND BEVERAGE
– New sushi restaurant Sooshibay opens on Green Bay Road on Monday in Kenosha
# HEALTH CARE
– Appleton is getting a Children’s Wisconsin clinic. Here’s what to know
– Gundersen audiology department reopens after remodel
# LABOR
– Senators introduce legislation to help stop child labor
http://wisconsinagconnection.com/story-state.php?Id=269&yr=2023
# MEDIA
– For Madison indie horror filmmakers, abandoned convent is a godsend
# POLITICS
– Explainer: Disagreements on size of Wisconsin budget surplus
# REAL ESTATE
– Altius moves into new home in Milwaukee’s Third Ward
# RETAIL
– Wauwatosa considers Boston Store redevelopment pact with Mayfair owner
# SMALL BUSINESS
– Former site of Kuddly Kids is a new child care center, thanks to local moms
# SPORTS
– Find out who is Wisconsin’s highest-paid professional athlete: Slideshow
– Evans Transportation supporting UW athletes through Name, Image and Likeness policy
# TOURISM
– Concerts on the Square returns this summer with big screens and ballet
– Brady Street hotel wins first city approval as parking issue looms
# TRANSPORTATION
– Milwaukee airport decommissions two runways
# PRESS RELEASES
<i>See these and other press releases:
https://www.wisbusiness.com/press-releases/ </i>
