Thor Medical ASA

Corporate Details

ISIN(s):

NO0010597883 (+1 more)

LEI:

5967007LIEEXZXG6DK30

Country:

Norway

Address:

Drammensveien 167, 0277 Oslo

Website:

https://www.thormedical.com/

Sector:

Health Care

Industry:

Biotechnology

Description

From rock to cancer drugs - Thor Medical is a producer and supplier of alpha-particle emitters for cancer therapy. The production process is based on separation of natural occurring radioactive decay products from thorium (Th-232). The production process is based on a novel technology developed by Thor Medical that combines high efficiency and competitive cost structure with best in class environmental friendliness. All chemicals and radioactive materials are reprocessed and reused; therefore, the process produces very little waste. The process extracts only the radioactivity naturally occurring in thorium and therefore it requires no irradiation in nuclear reactors or high-cost accelerators. Since the source is thorium which decays with a half-life of 14 billion years we can produce continuously and provide a reliable supply of the sought-after alpha-particle emitters.