[ET Net News Agency, 18 November 2019] China Isotope & Radiation Corporation (01763)
said its subsidiary Chengdu Gaotong Isotope Co., Ltd. (CNNC) (Chengdu Gaotong) entered
into a technology licensing agreement with ITM Isotopen Technologien Muenchen AG (ITM).
Pursuant to the agreement, ITM shall grant Chengdu Gaotong the right to use ITM's
manufacturing & processing technologies to produce and sell no-carrier added (n.c.a.)
177Lu (EndolucinBeta) and 68Ge/68Ga generators in China for the Chinese market.
Under the Technology Licensing agreement, ITM shall provide relevant support service to
Chengdu Gaotong. Chengdu Gaotong and ITM will also set up a sales joint venture in China,
and the specific terms will be further negotiated between the two parties. (RC)