Curium Completes the Acquisition of Monrol as Part of its Plan to Significantly Expand Lutetium-177 Capacity and PET Footprint
Positions Curium as leading manufacturer of Lu-177 isotope
Brings innovative R&D expertise and pipeline to Curium
Enhances Curiums 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 Eczacba-Monrol Nuclear Products Co. (Monrol), a leading nuclear medicine player, which is headquartered in Istanbul, Turkey.
The acquisition enhances Curiums 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 Curiums Lu-177 drug candidates, for Prostate Cancer (currently in development) and Neuroendocrine Tumours (pending approval).
Monrol complements and adds to Curiums extensive research & development (R&D) capabilities as it continues to expand its portfolio and pipeline of innovative theranostic products. Curium intends to deploy Monrols Ga-68 generator globally in the future, pending regulatory approvals.
In addition, Monrols PET & SPECT complementary geographic footprint further expands Curiums offering. The completion of the deal expands Curiums 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, Monrols manufacturing and logistics infrastructure in Istanbul, Turkey, immediately adds scale to Curiums vertically integrated production and distribution capabilities.
Mr. Chaitanya Tatineni, Curiums 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 companys 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 Curiums global footprint, product portfolio, and track record of innovation.
Mr. Emin Fadllolu, CEO, Eczacba 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. For more information: communications@curiumpharma.com
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Ben Valdimarsson Reputation Inc Mob: +44 (0)788 9805930 Email: bvaldimarsson@reputation-inc.com About Curium Curium is a world leader in nuclear medicine. We develop, manufacture, and distribute world-class radiopharmaceutical products to help patients around the globe. Our proven heritage combined with a pioneering approach are the hallmarks to deliver innovation, excellence, and unparalleled service.
With manufacturing facilities across Europe and the United States, Curium delivers SPECT, PET and therapeutic radiopharmaceutical solutions for life-threatening diseases to over 14 million patients annually. The name Curium honors the legacy of pioneering radioactive materials researchers Marie and Pierre Curie, after whom the radioactive element curium was named and emphasizes our focus on nuclear medicine. To learn more, visit www.curiumpharma.com About Monrol Headquartered in Istanbul, Monrol is a nuclear medicine company leading innovation for the development and manufacturing of GMP grade radioisotopes and radiopharmaceuticals, Monrol distributes its world-class radiopharmaceutical products portfolio in global markets. As both a CMO and CDMO, Monrol provides early development support to customers and offers fully integrated services for nimble, lean, virtual companies taking new product concepts into clinical trials, demonstrating proof of concept, and going into first-in-human studies. Monrol is committed to transform and improve patient journey in cancer treatment through a portfolio of radiopharmaceutical products that it distributes to more than 60 countries around the globe. To learn more, visit www.monrol.com.
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