Friday, November 09, 2012 1:01:59 AM
What stopped them from getting it from Nordion?
I believe their original intention was to use the Canadian company Nordion. But in 2011, there was a SR-82 shortage, Nordion stopped producing generators in Feb. 2011 and was selling their bulk SR-82 to GE to be used in their generators. Then came the Cardiogen-82 recall, resulting in Nordion/TRIUMPH halting production of SR-82. During this time, the Ruby-Fill generator was approved by Health Canada. Shortly thereafter, Cardiogen generators started coming back to market. Nordion along with a DOE facility began producing SR-82 for the reintroduction of the generators. At some point prior to Sept. 2012, the Strontium Bump appeared in generators using SR-82 from Nordion. Bracco was instructed to stop using Nordion and production of SR-82 at TRIUMPH came to a halt. As of Oct. 2012, the FDA still had a recall in effect on those Nordion generators. In order for JDI to get to market, they had to find a supplier and there was POSC/MIT just waiting to be discovered.
Is there a PET market in Canada?
It's a beginning. Don't forget the Positron's Attrius was approved by Health Canada within months of the Ruby-Fill generator being approved. Canada realizes in several years they will have difficulty maintaining their diagnostic capabilities unless they find alternatives. It looks like they have high hopes for RB-82 generators.
Robert
I believe their original intention was to use the Canadian company Nordion. But in 2011, there was a SR-82 shortage, Nordion stopped producing generators in Feb. 2011 and was selling their bulk SR-82 to GE to be used in their generators. Then came the Cardiogen-82 recall, resulting in Nordion/TRIUMPH halting production of SR-82. During this time, the Ruby-Fill generator was approved by Health Canada. Shortly thereafter, Cardiogen generators started coming back to market. Nordion along with a DOE facility began producing SR-82 for the reintroduction of the generators. At some point prior to Sept. 2012, the Strontium Bump appeared in generators using SR-82 from Nordion. Bracco was instructed to stop using Nordion and production of SR-82 at TRIUMPH came to a halt. As of Oct. 2012, the FDA still had a recall in effect on those Nordion generators. In order for JDI to get to market, they had to find a supplier and there was POSC/MIT just waiting to be discovered.
Is there a PET market in Canada?
It's a beginning. Don't forget the Positron's Attrius was approved by Health Canada within months of the Ruby-Fill generator being approved. Canada realizes in several years they will have difficulty maintaining their diagnostic capabilities unless they find alternatives. It looks like they have high hopes for RB-82 generators.
Robert
Recent POSC News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/31/2026 06:04:15 PM
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- Positron Corporation Enters Industry Partnership Agreement with MedAxiom • GlobeNewswire Inc. • 10/02/2025 01:15:00 PM
- Positron Corporation Wins Innovation Award in PET-CT Category from Medical Device Network’s Excellence Awards 2025 • GlobeNewswire Inc. • 10/01/2025 01:15:00 PM
