Eckert & Ziegler Receives Approval for Gallium-68 Generator for Brasil

DGAP-News: Eckert & Ziegler Strahlen- und Medizintechnik AG / Key word(s): Regulatory Approval/Expansion
18.11.2021 / 13:18
The issuer is solely responsible for the content of this announcement.

Berlin, 18 November 2021. Eckert & Ziegler Radiopharma GmbH has received approval for its pharmaceutical ⁶⁸Ge/⁶⁸Ga generator GalliaPharm^(R) from the Brazilian health authority ANVISA. GalliaPharm^(R) is thus the first and currently the only pharmaceutical gallium generator approved in Brazil.

"The approval strengthens our market position in Brazil and marks another milestone in our expansion strategy", explains Dr. Lutz Helmke, Executive Director of Eckert & Ziegler AG and responsible for the Medical segment. "Since there are currently many clinical studies with so-called theranostics worldwide, we expect an increasing demand for both the diagnostic radioisotope gallium-68 and the therapeutic radioisotope lutetium-177 in the next few years".

GalliaPharm^(R) is already successfully used in combination with approved kits, for the diagnosis of neuroendocrine tumors and in clinical trials also for prostate cancer (Ga-68-PSMA kit).

In Brazil, more than 590.000 new cases of cancer have been reported in 2020, with 97.278 in prostate, followed by breast (88.492) and colorectum cancer (55.102). (Source: IARC Global Cancer Observatory, 2020).

Gallium generators offer a low-cost alternative to radioactive labeling of biomolecules with gallium-68 in PET, an imaging examination method used to detect the presence or absence of diseased tissue. The procedure is used primarily in the diagnosis of cancer, heart attacks or neurological diseases. Up to now, the radioisotopes fluorine-18 or carbon-11 have mostly been used to label biomolecules. This requires millions of dollars of investment in large-scale equipment (cyclotrons). The ⁶⁸Ge/⁶⁸Ga generator, on the other hand, is about the size of a thermos flask and can be obtained much more cheaply, which reduces costs and increases flexibility in nuclear medical clinics and practices.

About Eckert & Ziegler.
Eckert & Ziegler Strahlen- und Medizintechnik AG with more than 800 employees is a leading specialist for isotope-related components in nuclear medicine and radiation therapy. The company offers a broad range of services and products for the radiopharmaceutical industry, from early development work to contract manufacturing and distribution. Eckert & Ziegler shares (ISIN DE0005659700) are listed in the TecDAX index of Deutsche Börse.
Contributing to saving lives.

For further information or questions, please contact:
Eckert & Ziegler AG, Karolin Riehle, Investor Relations Robert-Rössle-Str. 10, 13125 Berlin
Tel.: +49 (0) 30 / 94 10 84-138, karolin.riehle@ezag.de, www.ezag.de

18.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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