Two area companies, NorthStar Medical Radioisotopes and SHINE Medical Technologies, have received more money from the federal government to move ahead with plans to build plants that will produce molybdenum-99. In both cases, the money came from the U.S. Department of Energy’s Nuclear Security Administration.
SHINE, which is looking to build a plant in Janesville, will receive $3.3 million, and NorthStar, which broke ground on a plant in Beloit in July, is getting $5.2 million.
Molybdenum-99 breaks down into technetium-99m, which is an isotope necessary for health-screening tests worldwide.
