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SHINE Update - Argonne National Laboratory · SHINE Medical Technologies | October 18, 2018. SHINE...
Transcript of SHINE Update - Argonne National Laboratory · SHINE Medical Technologies | October 18, 2018. SHINE...
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SHINE Medical Technologies | October 18, 2018
SHINE UpdateKatrina Pitas – VP, Business Development
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© 2018 SHINE Medical TechnologiesPrivate & Confidential2
MissionDedicated to being the world leader
in the safe, clean, affordable
production of medical tracers and
cancer treatment elements.
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Proven Technology
Technology proven by US National
Laboratories and GE Healthcare
ACCELERATOR (ELIMINATES
REACTOR)
RE-USABLELIQUID TARGET
+
=SAFER
100x LESS WASTELOWER COST
© 2018 SHINE Medical TechnologiesPrivate & Confidential
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Every Part of the SHINE Process Demonstrated
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Step Demonstrated?
Accelerator Target Solution Irradiation Processing Generator loading Generator elution Kits
© 2018 SHINE Medical TechnologiesPrivate & Confidential
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Three signed customer contracts
© 2018 SHINE Medical TechnologiesPrivate & Confidential
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© 2017 SHINE Medical TechnologiesPrivate & Confidential6
Nuclear Regulatory Commission construction approval
Issued Feb 2016 Culmination of 4 years of work First approval of its kind since
1961
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© 2017 SHINE Medical TechnologiesPrivate & Confidential7
Building One: First building on the SHINE campus
Construction complete Q1 2018 Integrated equipment demo Q4 2018 Future use for employee training and
technology development
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© 2018 SHINE Medical TechnologiesPrivate & Confidential8
Building One Construction Groundbreaking August 2017 Completed 3 weeks ahead of
schedule Zero OSHA-recordable
incidents 11,400 square feet Licensed by State of
Wisconsin
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© 2018 SHINE Medical TechnologiesPrivate & Confidential9
Production Facility Design Janesville, Wisconsin Mo-99 capacity >4,000 6-day
Ci/week Xe-133, I-131, Lu-177, Sr-89,
others 8 independent irradiation units
accelerators High reliability Flexible production schedule
Close to regional airport; designed for logistical efficiency
<50,000
Square Feet
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Accelerators
>2/3Annual U.S.
Demand Met*
3Independent
Hot Cell Chains
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© 2018 SHINE Medical TechnologiesPrivate & Confidential10
Preparing to Build Baker Concrete chosen as
the prime construction contractorNegotiating rebar and
concrete contracts Adding to QA team Starting long-lead
procurement Submitted blueprints to City
for local permitting
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Next Steps Industry-leading progress
Current key activities
Preparing OL application
Preparing for start of construction
© 2018 SHINE Medical TechnologiesPrivate & Confidential
Building One first production unit demo
Negotiating additional supply agreements
80 employees; 20 new hires before the end of the year
First production late 2020/early 2021
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Questions?