SmallCapNewsRelease:(OTCBB: POSC) Subsidiary To Collaborate With ARRONAX
JERICHO, NY—(SmallCapNewsRelease)—November 17, 2011, Positron Corp. (OTCBB: POSC) a leading molecular imaging company specializing in the field of nuclear cardiology is pleased to announce that Manhattan Isotope Technology (MIT), with the support of Positron, has executed a Memorandum of Understanding with the ARRONAX Cyclotron Facility in Nantes, France.
Positron Corporation is a leading molecular imaging company providing innovative nuclear medicine technologies and services that are reshaping the field of nuclear cardiology. Through proprietary PET imaging systems and radiopharmaceutical solutions, Positron enables healthcare providers to more accurately diagnose disease and improve patient outcomes while practicing cost effective medicine.
ARRONAX has made a critical investment for increasing the global supply of medical radioisotopes. ARRONAX is one of only a small number of global accelerator facilities which possess the requisite proton beam characteristics for strontium-82 production.
MIT LLC President, Jason Kitten commented upon the significance of the MOU, “Working with the high caliber scientists at ARRONAX and their cutting-edge high power cyclotron is truly a tremendous growth opportunity for Sr-82 supply. We fully expect that the collaboration of ARRONAX and MIT will expand the global supply of Sr-82; a supply that is very limited and in great demand by the medical community.”
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