# ITM

the world's leading supplier of non-carrier-added Lutetium-177, with a Lu-177 manufacturing collaboration with the Institut Laue-Langevin dating to 2009 and a fresh 2026 supply agreement with Radiopharm Theranostics.

Source: https://en.bioecon.ru/companies/itm/
Updated: 2026-07-03

- Country: Germany

## Verifiable facts

| Fact | Value | Source |
| --- | --- | --- |
| Funding | €188 million venture round in 2024 (2024-06-01) | https://www.globenewswire.com/en/news-release/2024/06/06/2894478/0/en/ITM-Raises-188m-to-Enhance-Radiopharmaceutical-Pipeline-and-to-Strengthen-Leading-Position-in-Medical-Radioisotope-Manufacturing.html |
| Production site | NOVA facility in Neufahrn, Germany (world's largest Lu-177 production site) (2024-01-04) | https://www.itm-radiopharma.com/news/press-releases/press-releases-detail/ITM_Announces_Operational_Readiness_for_NOVA_Facility,_the_Worlds_Largest_Lutetium-177_Production_Site-664/, https://www.itm-radiopharma.com/news/press-releases/press-releases-detail/itm-opens-worlds-largest-lutetium-177-production-facility-for-targeted-radionuclide-therapies-against-cancer-644/ |
| Production site | IAZ facility in Garching, Germany (2022-10-13) | https://www.biospace.com/itm-multiplies-production-capacity-for-its-n-c-a-lutetium-177 |
| Revenue | $380 million in 2024 (2024-12-31) [medium confidence] | https://compworth.com/company/itm-isotope-technologies-munich-se, https://www.privco.com/company/itm-isotope-technologies-munich-se |
| Regulatory approval | Radioactive Material Handling License (RAM License) for NOVA facility (2024-01-04) | https://www.ans.org/news/article-5669/germanys-itm-receives-material-license-to-produce-lu177/, https://www.itm-radiopharma.com/news/press-releases/press-releases-detail/ITM_Announces_Operational_Readiness_for_NOVA_Facility,_the_Worlds_Largest_Lutetium-177_Production_Site-664/ |
| Certification | GMP standards compliant (EndolucinBeta) (2023-01-01) | https://www.itm-radiopharma.com/radioisotopes/?open=c4682 |
| Capacity | Multiplied capacity with new IAZ production line; NOVA facility capacity can serve up to several hundred thousand patients annually (2022-10-13) | https://www.biospace.com/itm-multiplies-production-capacity-for-its-n-c-a-lutetium-177 |

Independent sources: ans.org, biospace.com, compworth.com, globenewswire.com, itm-radiopharma.com, privco.com

## Technologies

- [Radiopharmaceuticals & theranostics](https://en.bioecon.ru/technology/radiopharmaceuticals-theranostics/)