Siemens PETNET, Novation ink deal

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PETNET Solutions, a wholly owned subsidiary of Siemens Medical Solutions, has signed a five-year agreement with Novation to offer its portfolio of PET radiopharmaceuticals for oncology, cardiology and neurology to healthcare facilities nationwide.

Based in Knoxville, Tenn., Siemens’ PETNET Solutions operates a network of integrated FDA-registered and state-licensed PET radiopharmaceutical manufacturing and radiopharmacy facilities, and manufactures and dispenses PET radiopharmaceuticals for hospitals, clinics and research facilities. Irving, Texas-based Novation provides sourcing services, as well as information and data services, to a wide range of U.S. healthcare providers.