Eckert & Ziegler to Supply Canadian Alpha-9 Theranostics with Lutetium-177 for Clinical Trials

DGAP-News: Eckert & Ziegler Strahlen- und Medizintechnik AG / Key word(s): Incoming Orders/Contract
23.03.2022 / 10:16
The issuer is solely responsible for the content of this announcement.

Berlin, 23 March 2022. Eckert & Ziegler (ISIN DE0005659700, TecDAX) has executed with the Canadian biotech company Alpha-9 Theranostics Inc. (Alpha-9) a clinical supply agreement for Eckert & Ziegler's medical radioisotope Lutetium-177 (non-carrier-added ¹⁷⁷Lu). The isotope will be used for the clinical development of Alpha-9's investigational drugs.

Eckert & Ziegler has developed a unique, stable and reliable method to produce a highly pure form of Lu-177 n.c.a. which will be used by Alpha-9 for the clinical trials of its therapeutic candidates for solid and hematologic malignancies.

Lutetium-177 is a beta emitting radioisotope that can be linked to a variety of tumor specific drugs which then incorporates the radiating element of the radioisotope into the tumor cells.

"The supply contract with Canada-based Alpha-9 further underlines our outstanding expertise in supplying isotopes to the pharmaceutical industry. With production sites in Europe, Asia, and North America, we are excellently positioned to meet the growing demand for relevant isotopes and the associated development and production services," explained Dr. Harald Hasselmann, Executive Director and responsible for the Medical segment of Eckert & Ziegler. "Our recently concluded joint venture with Atom Mines LLC provides us with excellent access to the scarce and indispensable precursor ytterbium-176, enabling us to supply lutetium-177 n.c.a. in highest purity and reliably to pharmaceutical customers worldwide."

Alpha-9 is committed to developing its portfolio and exploring potential therapies to help patients. Alpha-9 is looking forward to its partnership with Eckert & Ziegler and the potential that this partnership creates to advance radioligand therapy.

Targeted radionuclide therapy with Lutetium-177, currently under late-stage clinical development for several types of cancer, may provide a valuable alternative treatment option in the field of precision oncology.

About Eckert & Ziegler.
Eckert & Ziegler Strahlen- und Medizintechnik AG with more than 900 employees is one of the world's largest providers of isotope-related components for nuclear medicine and radiation therapy. The company offers services for radiopharmaceuticals at its worldwide locations, from early development to commercialization. Eckert & Ziegler shares (ISIN DE0005659700) are listed in the TecDAX index of Deutsche Börse.
Contributing to saving lives.

About Alpha-9 Theranostics
Alpha-9 Theranostics is a clinical stage, radiopharmaceutical company developing imaging and therapeutic molecules for solid and hematologic malignancies. Using proprietary technology and the Company's expertise, these differentiated molecules have the potential to meaningfully extend patients' lives with favorable safety profiles. www.alpha9tx.com

Contact:
Eckert & Ziegler AG
Karolin Riehle, Investor Relations
Robert-Rössle-Str. 10, 13125 Berlin, Germany
Tel.: +49 (0) 30 / 94 10 84-138, karolin.riehle@ezag.de, www.ezag.com

23.03.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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