Sunday, December 01, 2013 11:36:48 PM
Perhaps you missed the PR about the licensing agreement with INR in Russia, so here are some excerpts:
>>> Positron Corporation (OTCBB:POSC) is pleased to announce it has entered into a licensing agreement with the Institute for Nuclear Research of the Russian Academy of Science (INR), Moscow, Russia, for its know-how, inventions and technology related to the production of radiostrontium. Under the agreement, INR grants Positron Corporation a worldwide license to the proprietary technology, including the EXCLUSIVE rights to utilize the technology in the production of strontium-82 in North America, in return for royalty payments. <<<
>>>The developed technology has significant economic benefits, as it simplifies the production process while increasing the yield and quality of the product derived from rubidium metal.<<<
>>>This improved rubidium metal Sr-82 production process, currently practiced in Russia as well as by a French radioisotope production facility, will be applied to future rubidium metal target processing at Positron’s Lubbock, TX<<<
>>>This proven technology will allow a substantial increase and scalability of Sr-82 supply, which is necessary for the industry to sustain the projected double-digit growth. The increase in Sr-82 will help meet future demands and fortify cardiac PET as a sustainable and preferred modality for cardiac imaging.<<<
You ask what the frigging holdup is, well, I could dump on Bracco, but let's just say Draximage RubyFill, which is making progress. Jubilant Draximage reported in their most recent quarterly reports >>>“Ruby-fill filed under 505 b(2). Successful in accelerating the pre-approval evaluation for Ruby-fill, Expect to launch Ruby-fill in FY2015[APR 2014 – MAR 2015] in US, Canada, Germany, Switzerland and India”<<<
This is one of the final steps before approval .
Robert-
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