# Isotope Technologies Munich opens lutetium-177 production facility in Neufahrn

Isotope Technologies Munich SE opened its new NOVA production facility for therapeutic radionuclides in Neufahrn near Munich, Germany, following a €255 million investment round. The facility is the world's largest production site of lutetium-177.

- Type: New facility
- Announced: 2023-06-13
- Where: Neufahrn near Munich, Germany, Germany
- Value: $274.2M (255.0M EUR)
- Starts operating: 13 Jun 2023
- Status: completed
- Capacity: tenfold increase in production capacity
- Products: lutetium-177, radiopharmaceuticals
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Isotope Technologies Munich SE](https://endata.com/companies/70806.md)

## Sources

- [labiotech.eu](https://www.labiotech.eu/trends-news/itm-investment-new-facility/), 2023-06-13: "With the significant expansion of our production capacities we are solidifying our leading market position while, as the world's largest manufacturer of n.c.a. lutetium-177, supporting the growth of the radiopharmaceutical industry globally."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.