Targeted Cancer Treatment
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SHINE Raises $240 Million in Funding to Advance Commercial Fusion Technology
Yahoo Finance· 2026-02-26 15:08
Core Insights - SHINE Technologies has raised $240 million in equity funding to advance its commercial fusion technology [1] - The company appointed Dr. Patrick Soon-Shiong to its board, enhancing its leadership in fusion and cancer treatment [1] - The funding round was led by NantWorks, with participation from several notable investors, indicating strong investor confidence [1] Company Developments - SHINE's commercial fusion technology includes neutron testing for defense and aerospace, and radioisotopes for cancer therapies [1] - The investment marks the beginning of SHINE's next growth phase, focusing on recycling used nuclear fuel and commercial fusion energy production [1] - SHINE has raised over $1 billion in total funding, reflecting sustained investor confidence in its path to fusion energy [1] Strategic Partnerships - A strategic partnership with NantWorks includes priority access arrangements for Lu-177 supply, aimed at advancing targeted cancer treatment [1] - Dr. Soon-Shiong's investment of $150 million is part of this partnership, emphasizing the alignment of SHINE's technology with cancer treatment goals [1] Industry Impact - SHINE operates one of the largest Lu-177 production facilities in North America, contributing to advancements in cancer treatment [1] - The company's long-term goal is to commercialize fusion energy while impacting healthcare and sustainable energy sectors [1]
Vivos Inc. Certifies University of Florida Veterinary Hospital for IsoPet® Precision Radionuclide Therapy™
Globenewswire· 2025-05-15 12:30
Core Insights - Vivos Inc. announced that the University of Florida Veterinary Hospital has been certified to offer IsoPet Precision Radionuclide Therapy, a significant advancement in cancer treatment for animals [1][2] - IsoPet therapy is a targeted, minimally invasive treatment that utilizes a proprietary radionuclide injection to address solid tumors in pets, expanding the availability of advanced oncology services [2] Company Strategy - The company aims to expand the network of certified clinics providing IsoPet therapy nationwide, with each certification enhancing access to this effective and less invasive treatment compared to traditional options [3] - Vivos Inc. supports clinics through the licensing process and provides necessary training to ensure safe and effective administration of IsoPet therapy [3] Market Position - The University of Florida Veterinary Hospital is recognized as a leader in advanced veterinary care and research, indicating a strong market position for the newly certified IsoPet therapy [2]