Precirix Partners with Evergreen Theragnostics

Precirix NV, a clinical-stage biotechnology company developing novel radiopharmaceuticals in oncology, and Evergreen Theragnostics Inc., a radiopharmaceutical contract manufacturer, have entered into an agreement whereby Evergreen will provide US-based manufacturing for Precirix's lead product candidate, CAM-H2. 

CAM-H2 is being evaluated in a Phase I/II clinical trial targeting HER2-positive metastatic breast and gastric cancer. The novel precision therapy aims to effectively irradiate cancer lesions while sparing healthy tissue, based on its unique technology platform that leverages the favorable characteristics of single-domain antibodies. 

"Establishing a strong manufacturing footprint in North America is an important step for Precirix to ensure reliable clinical trial supply. We are very pleased to be working with Evergreen, a team with solid expertise and a proven track record in radiopharmaceutical manufacturing," said Ruth Devenyns, chief executive officer of Precirix. 

Evergreen will manufacture CAM-H2, an I-131 based radiopharmaceutical, at its new facility in Springfield, New Jersey, USA. Opening in 2021, the facility is located near Newark Liberty International Airport and within driving distance of John F. Kennedy International Airport. The location is ideal for receiving isotope shipments from Europe and distributing finished product to hospitals across North America.

"CAM-H2 is a very promising product with potential to significantly improve outcomes for patients with HER2-positive cancer. We are pleased to be working together with an outstanding team at Precirix. Evergreen is committed to ensuring reliable supply throughout these important clinical studies," said James Cook, chief executive officer of Evergreen.