NorthStar and SHINE get federal funds to make isotopes
Two area companies, NorthStar Medical Radioisotopes and SHINE Medical Technologies, have received more money from the federal government to move ahead with plans to build plants that will produce molybdenum-99. In both cases, the money came from the U.S. Department of Energy’s Nuclear Security Administration.
SHINE, which is looking to build a plant in Janesville, will receive $3.3 million, and NorthStar, which broke ground on a plant in Beloit in July, is getting $5.2 million.
Molybdenum-99 breaks down into technetium-99m, which is an isotope necessary for health-screening tests worldwide.