Oak Ridge Today

Y-12 supporting work to make most widely used medical isotope

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Pictured above is a rendering of the proposed Coquí Radio Pharmaceuticals Corporation medical isotope production facility at the Heritage Center in west Oak Ridge. (Image courtesy Coquí)

Note: This story was updated at 5:30 p.m.

The Y-12 National Security Complex in Oak Ridge is supporting a program to make an isotope used in more than 40,000 medical procedures across the nation each day. The goal is to produce the isotope, molybdenum-99 (Mo-99), in the United States without using highly enriched uranium.

Some of that work could occur in Oak Ridge. A company called Coquí Radio Pharmaceuticals Corporation announced in April that it plans to build a $500 million medical isotope production facility at the Heritage Center in west Oak Ridge. Coquí’s facility would make medical isotopes, primarily Mo-99, and the company could start production in 2025.

In a video posted online, Y-12 said some of its researchers have extensive knowledge of Mo-99 and are sharing that information with Coquí and other companies hoping to produce the isotope.

Y-12 has been involved with Mo-99 since 2009, said Cole Jackson of Y-12 Global Security and Strategic Partnerships.

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Company could invest $500 million at medical isotope production facility

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Pictured above is a rendering of the proposed Coquí Radio Pharmaceuticals Corporation medical isotope production facility at the Heritage Center in west Oak Ridge. (Image courtesy Coquí)

Pictured above is a rendering of the proposed Coquí Radio Pharmaceuticals Corporation medical isotope production facility at the Heritage Center in west Oak Ridge. (Image courtesy Coquí)

 

Note: This story was last updated at 12:45 p.m.

Coquí Radio Pharmaceuticals Corporation announced Wednesday that it could invest $500 million at a new medical isotope production facility at the Heritage Center in west Oak Ridge.

The facility could start production in late 2025, said Carmen Bigles, founder and chief executive officer of Coquí Radio Pharmaceuticals.

The U.S. Department of Energy has transferred land for the facility and provided research support through the national laboratories, the company said in a press release Wednesday morning.

Coquí’s facility will produce medical isotopes that diagnose and treat diseases, primarily molybdenum-99 (Mo-99), which is used in 18 million medical procedures a year in the U.S., the press release said.

The facility will provide more than 200 high-paying, permanent jobs, Coquí said. [Read more…]

Report: Medical isotope company plans to build manufacturing facility in Oak Ridge

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A building at the entrance of Heritage Center is pictured above. (Photo by CROET)

Note: This story was updated at 8:45 a.m. Oct. 10.

A Florida newspaper reported on Wednesday that a medical isotope company will build a manufacturing facility in Oak Ridge, rather than relocating to a city in north Florida.

Coquí RadioPharmaceutical had planned to build a $250 million manufacturing facility in Alachua, which is near Gainesville, with 164 jobs paying an average of $75,000, the Gainesville Sun reported.

But the company announced Wednesday that it will instead build its facility in Oak Ridge, lured by a gift of 170 acres from the U.S. Department of Energy and the opportunity to work with Oak Ridge National Laboratory, a DOE lab, the newspaper said.

On Saturday, Oak Ridge City Manager Mark Watson said he is aware of the company, and it is working with the state of Tennessee. [Read more…]