- Positions Curium as leading manufacturer of Lu-177 isotope
- Brings innovative R&D expertise and pipeline to Curium
- Enhances Curium's SPECT & PET geographical coverage and supply chain
PARIS, March 28, 2025 (GLOBE NEWSWIRE) -- Curium Pharma ("Curium"), a world leader in nuclear medicine, is pleased to announce the completion of its acquisition of Eczacıbaşı-Monrol Nuclear Products Co. (Monrol), a leading nuclear medicine player, which is headquartered in Istanbul, Turkey.
The acquisition enhances Curium's manufacturing capacity of Lutetium-177 (Lu-177) to meet the growing demand for isotope around the world and secure the supply for the future launch of Curium's Lu-177 drug candidates, for Prostate Cancer (currently in development) and Neuroendocrine Tumours (pending approval).
Monrol complements and adds to Curium's extensive research & development (R&D) capabilities as it continues to expand its portfolio and pipeline of innovative theranostic products. Curium intends to deploy Monrol's Ga-68 generator globally in the future, pending regulatory approvals.
In addition, Monrol's PET & SPECT complementary geographic footprint further expands Curium's offering. The completion of the deal expands Curium's PET footprint of 34 sites in Western Europe and Asia to 46 with the addition of 12 Monrol owned and partnered sites in Eastern Europe and MENA regions. Furthermore, Monrol's manufacturing and logistics infrastructure in Istanbul, Turkey, immediately adds scale to Curium's vertically integrated production and distribution capabilities.
Mr. Chaitanya Tatineni, Curium's CEO International Markets commented: "We are delighted to welcome close to 400 highly-skilled and dedicated new colleagues to Curium Group. The coming together of Curium and Monrol will transform our scale, capabilities and reach across several critical areas, in particular Lu-177, and create multiple new opportunities to enhance our offering of life-changing diagnostic and therapeutic solutions to patients around the world."
Mr. Aydin Kucuk General Manager at Monrol added: "We are excited to be joining Curium and have long admired the company's capabilities, leadership and commitment to developing and supplying world-class nuclear diagnostics solutions and therapies. We look forward to working with our new Curium colleagues to build on our joint successes to date by integrating our expertise, knowledge and experience with Curium's global footprint, product portfolio, and track record of innovation."
Mr. Emin Fadıllıoğlu, CEO, Eczacıbaşı Pharmaceutical and Industrial Investment, said: "We are very proud of our association with Monrol and its transformation in recent years, which today sees them become part of Curium, a world-leader in nuclear medicine. This is a great reflection of the quality of the business, and we believe they will continue to thrive under the ownership of Curium, benefiting from greater access to advanced technology and an extensive global network."
