The current network of aging research reactors is not sufficient to produce the commercial-scale volumes of Lutetium-177 that will soon be needed following successful cancer treatment clinical trials.

The demand for Lutetium-177 will increase significantly in the coming years as a result of aging populations, new and emerging treatments, and the modernization of health care facilities.

The Moveable In-core Detector Systems (MIDS), which can be used to produce short half-life radioisotopes in commercial reactors, are approaching 40 years of age resulting in parts obsolescence & maintenance issues.

The general reluctance by the nuclear industry to use a commercial plant for non-electricity production activities is due to the potential for disruptions, challenges in securing regulatory approval, and an increased perception of risk.

Nuclear power is commonly perceived to be too expensive compared to other subsidized and non-subsidized forms of electricity generation such as natural gas, solar, and wind.

  less than
5%
of forecasted future demand can be produced by current network of 12 research reactors
European Commission Joint Research Centre
UPWARDS OF
10 million
cancer patients could potentially benefit from this life-saving radioisotope
FROST & SULLIVAN
over
100
reactivity management events per year in the U.S. attributed to outdated MIDS
only
1
commercial nuclear plant licensed to produce Lutetium-177 in 2022
as low as
$20/MW-hour
levelized cost of electricity for some subsidized energy sources in the U.S.
vs. $30-40/MW-hour for non-subsidized nuclear

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