Hickory, North Carolina — According to state and local economic development sources Isotopen Technologien Munchen AG plans to invest $17,000,000.00 to build out new space in Hickory. The company is creating 137 new jobs, and plans to occupy the new space in Hickory, on or about January 1, 2021. According to the company website ITM Isotopen Technologien Munchen AG is a privately held biotechnology and radiopharmaceutical group of companies dedicated to the development, production and global supply of targeted diagnostic and therapeutic radiopharmaceuticals and radioisotopes for use in cancer treatment. Since its foundation in 2004, ITM and its subsidiaries have established GMP manufacturing and a robust global supply network of a novel, first-in-class medical radioisotopes and -generator platform for a new generation of targeted cancer diagnostics and therapies. ITM’s isotope business is profitable and growing.

To learn more about Isotopen Technologien Munchen AG, visit http://www.itm.ag/

Company Contact:
Steffen Schuster, Chief Executive Officer
https://www.linkedin.com/in/schustersteffen/
49 89 329898660

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