NorthStar, GE Healthcare Sign Exclusive Agreement

by Taylor Kennedy

NorthStar Medical Radioisotopes and GE Healthcare signed an exclusive agreement for the manufacturing and distribution of iodine-123 (I-123) capsules in the United States, NorthStar announced recently.

According to a release, GE Healthcare’s Pharmaceutical Diagnostics unit will manufacture and supply NorthStar with I-123 under the NorthStar label using a new production system at its facility in Arlington Heights, Ill. After the receipt of the required regulatory approvals, NorthStar will retain exclusive U.S. marketing and distribution rights for the I-123 capsules.

“This exclusive sales and manufacturing agreement marks NorthStar’s strong and growing relationship with GE Healthcare, and we look forward to working with the company in meeting the needs of radiopharmacy customers and the patients we all serve,” NorthStar Medical Radioisotopes CEO Stephen Merrick said in a statement.

The financial terms of the deal were not disclosed.