Free press releases distribution network?

Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Cancer-Treatment Isotope Supply to Increase from Landmark Deal Reached by GE Hitachi Nuclear Energy and Exelon Generation Company - GE Hitachi Nuclear Energy (GEH) and Exelon Generation Company have agreed to a landmark deal to deploy GEH’s isotope generation technology
Cancer-Treatment Isotope Supply to Increase from Landmark Deal Reached by GE Hitachi Nuclear Energy and Exelon Generation Company

 

PRZOOM - /newswire/ - Wilmington, NC, United States, 2010/01/19 - GE Hitachi Nuclear Energy (GEH) and Exelon Generation Company have agreed to a landmark deal to deploy GEH’s isotope generation technology. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Seeking to address a growing demand for the domestic and global supply of cobalt-60, a radioisotope used for treating cancer and other biomedical applications, GE Hitachi Nuclear Energy (GEH) and Exelon Generation Company have agreed to a landmark deal to deploy GEH’s isotope generation technology.

The U.S. Nuclear Regulatory Commission has approved a license amendment permitting the use of GEH’s technology at Exelon Nuclear’s Clinton Power Station, a single-unit, boiling water reactor plant in Dewitt County, Ill. Installation of GEH technology for the pilot project will occur during Clinton’s current planned maintenance and refueling outage.

The collaborative venture comes at a time of heightened concerns about the domestic availability of radioisotopes. The American Nuclear Society has noted an urgent need for a reliable, domestic source of radioisotopes to sustain the nation’s growing healthcare needs. While the United States’ national laboratories produce a small amount of cobalt-60, today there is no large-scale, commercial, domestic production source.

Cobalt-60 is used as a radiation source in cancer therapy. The International Irradiation Association estimates that 15 million cancer treatments are carried out using cobalt-60 each year in hospitals and clinics in over 80 countries. More than 500,000 brain cancer treatments have been performed using cobalt-60.

“Without key isotopes like cobalt-60, potentially life-threatening diseases could go untreated,” said Dr. Robert Atcher, former president of the Society of Nuclear Medicine. “Developing a U.S. domestic supply of isotopes capable of meeting demands is imperative to the well-being of the U.S. population. It is exciting to see companies like GEH and Exelon leveraging one another's expertise to develop and bring technologically advanced, innovative solutions to the medical isotope community.”

“We view this as an opportunity for Exelon to support an important medical technology that saves people’s lives,” said Charles Pardee, Exelon Nuclear president and chief nuclear officer.

In addition to cancer treatment, cobalt-60 is used to preserve food, decontaminate packaging materials, sanitize cosmetics and purify pharmaceuticals. More than 40 percent of U.S.-manufactured medical devices, including syringes and bandages, are cleaned and/or sterilized using cobalt-60.

Using Exelon’s existing power-generating reactors eliminates the need and costs associated with building new research reactors, thus offering additional significant economic and environmental benefits to the nuclear and medical industries, said Kevin Walsh, CEO of Global Nuclear Fuel and senior vice president of GEH Nuclear Fuel Cycle.

“We are pleased to work with Exelon to create a more stable, global supply of cobalt-60, which has been used to help treat hundreds of thousands of patients for cancer and other medical conditions,” Walsh said.

GEH has more than five decades of experience working with radioisotopes for medical and industrial applications. The new agreement with Exelon builds on GEH and GNF’s leadership and innovation in the nuclear industry.

GEH will continue to drive research and development efforts to explore isotope generation opportunities to potentially supply additional important medical isotopes to meet U.S. and global demands.

About GE Hitachi Nuclear Energy
Based in Wilmington, N.C., GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in June 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety.

About Global Nuclear Fuel
Global Nuclear Fuel, a joint venture of GE, Hitachi and Toshiba is a leading supplier of BWR fuel throughout the world and continues to work with customers to provide design and innovations relative to uranium and MOX fuel. Global Nuclear Fuel manages Global Nuclear Fuel-Americas, LLC in Wilmington, N.C. and Global Nuclear Fuel–Japan Co. Ltd. in Kurihama, Japan. Global Nuclear Fuel also manages GNF ENUSA Nuclear Fuel S.A., a European nuclear fuel marketing company jointly owned with ENUSA Industrias Avanzadas S.A. of Spain.

Press Contacts
Howard Masto, Masto Public Relations
P: +1 518 786 6488
E: howard.masto[.]ge.com

Tom Murnane, Masto Public Relations
P: +1 518 786 6488
E: tom.murnane[.]mastopr.com

Attention Editor
Masto Public Relations
E: information[.]mastopr.com.

[Content made possible by PRZOOM indexing services]

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Cancer-Treatment Isotope Supply to Increase from Landmark Deal Reached by GE Hitachi Nuclear Energy and Exelon Generation Company

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GE News Center |
Contact: Ned Glascock - GE Hitachi Nuclear Energy 
+1 910 819 5729 edward.glascock[.]ge.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From General Electric Company / Company Profile


Read Medical Services/Equipment Most Recent Related Press Releases:

Sparta Systems Broadens Partnership with TrackWise Implementation Specialist Equality Systems
Thales Launches the Pixium Portable 3543 DR Wifi Enabled Flat Panel Detector
GE Healthcare Showcases Industry-first Technologies and Digital Solutions, Focused on Improving Outcomes, At RSNA 2016
Agfa and LCsys Team Up to Launch ABSOLUT-ID, Their Turnkey Integrated Solution for the Production of High Security ID Cards
ZOLL Technology for Improving CPR Quality to be Showcased at American Heart Association Annual Conference
AccuVein to Exhibit Leading Vein Visualization Technology at American Society for Dermatologic Surgery Annual Meeting
US Biomedical Textiles Transform Implant Device Technology by Aligning to Changes in Patient Preference Finds Frost & Sullivan
Frost & Sullivan Commends Influence Health for Constantly Evolving its Patient Engagement Products to Accelerate Market Transformation
Frost & Sullivan Awards Carestream Top Honors for OnSight 3D Extremity System
Sparta Systems Launches the Next-Generation Cloud Solution Stratas QMS

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today