CTI's PETNet Solutions signs two collaboration agreements

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CTI Molecular Imaging Inc. subsidiary PETNet Solutions this week signed partnership pacts with Johns Hopkins Healthcare (JHHC) and the Yerkes National Primate Research Center of Emory University.

PETNet will partner with JHHC on the management of the production and distribution of clinical positron emission tomography (PET) radiopharmaceuticals produced at JHHC's PET cyclotron production facility. PETNet will manage the existing production facility and supply PET isotopes to the nearby market, as well as help support some of Johns Hopkins' existing PET clinical and research programs.

PETNet's alliance with Yerkes is on the research and development of new PET molecular probes. Yerkes and PETNet will operate a pre-clinical research site at Yerkes' new neuroscience building, scheduled to open this fall. PETNet additionally will locate a production facility at Yerkes to supply PET isotopes for clinical and research needs, including those at the Yerkes Research Center.