ABK Biomedical Expands Manufacturing with COR Development in Missouri

ABK Biomedical, Inc. and COR Development are proud to announce a strategic partnership to develop a state-of-the-art GMP manufacturing facility in Cartwright Business Park, Ashland, Missouri. This strategic project will provide the long-term future commercial scale production of Eye90 microspheres®, a designated FDA breakthrough technology currently in development for the treatment of liver cancer.

As a leader in specialized commercial building, Coil Construction will oversee the design and construction of the high-tech facility, ensuring it meets the stringent regulatory and technical requirements for medical isotope device manufacturing. The new site will serve as a cornerstone for ABK Biomedical's global supply chain as they progress towards full-scale commercialization.

"Establishing this commercial footprint is another major milestone for ABK," said Mike Mangano, President and CEO at ABK Biomedical. "The Cartwright Business Park provides an ideal location for our long-term manufacturing needs. Partnering with COR Development and Coil Construction ensures we will have a world-class facility to deliver Eye90 microspheres to the rapidly growing global Y90 radioembolization market."

Mike Mangano continued, "This location offers a critical strategic advantage due to its proximity to the University of Missouri Research Reactor (MURR®). As the only domestic producer of the yttrium-90 (Y-90) radioisotope, MURR is integral to the production of Eye90 microspheres. The short distance between the Ashland facility and the reactor ensures a seamless, time-sensitive supply chain advantage for ABK, an advantage that will be passed onto clinicians for the personalized treatment of patients with liver cancer."

"We are thrilled to partner with ABK Biomedical on this significant project," said Nicholas Orscheln, Managing Member at COR Development. "Developing this sophisticated life sciences facility within the Cartwright Business Park not only highlights the economic growth of the area but also allows us to build a space that supports life-saving medical innovation."  "We are very happy that ABK chose Coil Construction for this transformative project", commented David Coil, President of Coil Construction.  "Our experience in the Columbia, MO area and our history of building high-tech manufacturing facilities will benefit both companies in this very important project."