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NorthStar Medical Radioisotopes, LLC announces business update and commercial progress on RadioGenix System

Press releases may be edited for formatting or style | February 05, 2019 Molecular Imaging

· Appointed Diane Hendricks as Chairperson of the Board. Diane Hendricks has served on the Board of Managers of NorthStar since November 2011, and was elected Chairperson of the Board in September 2018. Diane has been actively engaged in guiding and supporting NorthStar since the initial investment by Hendricks Holding Company, Inc. ("HHC") in 2011. Diane is the Chairperson of the Board of HHC, which owns a diverse portfolio of domestic and international manufacturing, distribution, service and life sciences companies including NorthStar. Diane is also chairperson of ABC Supply Co., Inc., the company she co-founded with her late husband, Ken Hendricks. Headquartered in Beloit, Wisconsin, ABC Supply is the largest wholesale distributor of exterior building products in the United States. ABC distributes roofing, siding, windows, and other select exterior building products to professional contractors. As a result of the acquisition of L&W Supply, ABC is now one of the largest wholesale distributors of drywall in the U.S. ABC was founded in 1982 and has been the recipient of the Gallup Great Workplace Awards the last twelve consecutive years, which honors the most engaged and productive workforces in the world.


About the RadioGenix® System
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The RadioGenix® System is an innovative, high tech separation platform that is approved for processing non-uranium/non-highly enriched uranium based molybdenum-99 (Mo-99) for the production of the important medical radioisotope, technetium-99m (Tc-99m). Prior to availability of RadioGenix technology, the U.S. supply chain for Mo-99 has been subject to frequent and sometimes severe interruptions which negatively impact patient healthcare. Approved by the U.S. Food and Drug Administration in February 2018, the RadioGenix System is the first and only on-site, automated isotope separation system of its kind for use with non-uranium/non-highly enriched uranium based Mo-99.

The RadioGenix® System is a technetium Tc-99m generator used to produce Sodium Pertechnetate Tc 99m Injection, USP. Sodium Pertechnetate Tc 99m Injection is a radioactive diagnostic agent and can be used in the preparation of FDA-approved diagnostic radiopharmaceuticals.


About Medical Radioisotopes - Molybdenum-99 (Mo-99) and Technetium-99m (Tc-99m)
Tc-99m is a radioisotope used in a variety of diagnostic testing procedures. It is currently the most widely used medical radioisotope in the United States, used in more than 10 million diagnostic procedures annually. Tc-99m-based radiopharmaceuticals are used to diagnose and stage heart disease, cancer, infection, inflammation and other conditions.

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