Radioisotopes / Shine Secures Funding For Design Of Facility In The Netherlands

US company says construction could begin next year
Shine Secures Funding For Design Of Facility In The Netherlands
A computer rendering of the planned facility in the Netherlands. Courtesy Shine Medical Technologies.
Shine Technologies of the US has announced its European subsidiary, Shine Europe, has secured funding to begin designing an advanced medical isotope production facility at Veendam in the northeast of the Netherlands.

The company said the current phase of its European project is being funded by the Netherlands and the province of Groningen. Shine’s other investors include leading global private and public entities such as Baillie Gifford, Koch Disruptive Technologies, Fidelity, Deerfield Management Company and Oaktree Capital Management.

Want to keep reading?

Register free and get full access to NucNet for 14 days. No card required.

Republish or license this article

MORE THAN 30 YEARS OF NUCLEAR INDUSTRY REPORTING.

Subscribe for full access to every article, the archive and the SMR and AMR database.

Join NucNet