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    Theragenics to Supply I-125 Brachytherapy Seeds to Nihon Medi-Physics Co., Ltd. for Distribution in Japan

    Investing News Network
    Jun. 07, 2016 07:28AM PST
    Medical Device Investing

    BUFORD, Ga.–(BUSINESS WIRE)–Theragenics Corporation®, a medical device company serving the cancer treatment and surgical product markets, today announced it has reached an agreement with Nihon Medi-Physics Co., Ltd. (“NMP”) for the distribution and sale of Theragenics’ brachytherapy seeds in Japan. In 2003, NMP sold the first I-125 seeds for the treatment of early stage prostate …

    BUFORD, Ga.–(BUSINESS WIRE)–Theragenics Corporation®, a medical device company serving
    the cancer treatment and surgical product markets, today announced it
    has reached an agreement with Nihon Medi-Physics Co., Ltd. (“NMP”) for
    the distribution and sale of Theragenics’ brachytherapy seeds in Japan.
    In 2003, NMP sold the first I-125 seeds for the treatment of early stage
    prostate cancer in Japan after the procedure was approved there. Under
    the agreement, Theragenics will become NMP’s exclusive radioactive seed
    supplier for Japan, and NMP will be Theragenics’ exclusive distributor
    for the sale of radioactive seeds in Japan. Manufacturing and marketing
    authorization in Japan for Theragenics’ AgX100® I-125 product
    was received in March 2016. Shipment of the AgX100 products to Japan
    commenced on June 3, 2016.
    “Theragenics remains committed to prostate brachytherapy around the
    world,” stated Frank J. Tarallo, Chief Executive Officer of Theragenics
    Corporation. “We are honored to partner with Nihon Medi-Physics, a
    leader in supporting prostate brachytherapy in Japan since the first
    implant there in 2003.”
    Mr. Tarallo continued, “Japan is an exciting market with the potential
    to grow. Theragenics has been a recognized leader in prostate
    brachytherapy with over 35 years’ experience in the manufacture and
    supply of seeds. Our brachytherapy products have been used to treat over
    175,000 men and are now used to treat prostate cancer in 16 countries
    around the world. Our expertise, product quality and innovation combined
    with NMP’s knowledge of the market will create a dynamic partnership
    serving physicians and patients in Japan.”
    Hisashi Shimoda, President and Representative Director of Nihon
    Medi-Physics Co., Ltd. commented, “We are pleased by our new alliance
    with Theragenics Corporation, a major brachytherapy seed supplier. We
    believe that Theragenics’ brachytherapy products will enhance our
    capabilities to meet the needs of healthcare providers in Japan. With
    our new Theragenics alliance, NMP will be able to offer a more
    diversified mix of products and services, boosting our ability to
    improve the quality of life of as many prostate cancer patients as
    possible.”
    About Theragenics
    Theragenics Corporation® is a medical device company focusing
    on the cancer treatment and surgical products market. Theragenics’
    brachytherapy business manufactures and sells products used primarily in
    the minimally invasive treatment of localized prostate cancer (www.theragenicsbrachy.com)
    and breast cancer. The surgical products business (www.cpmedical.com,
    www.galtneedletech.com)
    manufactures and distributes wound closure, vascular access, and
    specialty needle products. The surgical segment serves a number of
    markets including interventional cardiology, interventional radiology,
    vascular surgery, orthopedics, plastic surgery, dental surgery, urology,
    veterinary medicine, pain management, endoscopy, and spinal surgery. For
    additional information, visit www.theragenics.com.
    About NMP
    Nihon Medi-Physics Co., Ltd. (NMP) is a joint venture of Sumitomo
    Chemical Company, Limited and GE Healthcare and is a leading
    manufacturer of radiopharmaceuticals and supplier of prostate
    brachytherapy seeds. NMP is determined to continue to contribute to the
    further improvement of medical care in Japan. For additional information
    about Nihon Medi-Physics, please visit: https://www.nmp.co.jp/eng/index.html.

    cancer treatmentge healthcarebreast cancerjoint venturemedical device company
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