Brief: PESI To Cooperate With Italy's ENEA

Apollo Capital Alternatywna Spolka Inwestycyjna SA

17/01/2018 08:36

Jan 16 (Reuters) - PERMA FIX MEDICAL SA  PFMP.WA  
    * SAID ON TUESDAY THAT PERMA FIX ENVIRONMENTAL SERVICES, 
INC. 
 PESI.O  (PESI) SIGNS A COOPERATION AGREEMENT WITH ITALIAN 
NATIONAL AGENCY FOR NEW TECHNOLOGIES, ENERGY AND SUSTAINABLE 
ECONOMIC DEVELOPMENT (ENEA) 
    * UNDER THE AGREEMENT, THE PARTIES WILL WORK TO ADVANCE A 
VARIETY 
OF PERMA-FIX'S NUCLEAR TECHNOLOGIES AND PROCESSES IN ITALY 
    * THE COOPERATION INCLUDES WORK ON ACCELERATED DEVELOPMENT 
OF THE 
PRODUCTION OF TECHNETIUM-99 ISOTOPE 
    * THE COOPERATION WITH ENEA, ACCORDING TO THE COMPANY'S 
MANAGEMENT, WILL BRING TO THE COMPANY THE TECHNOLOGICAL AND 
INDUSTRIAL EXPERTISE AS WELL AS TECHNICAL RESOURCES SUCH AS 
TRIGA RC-1 RESEARCH REACTOR 
    * PERMA-FIX MEDICAL WAS FORMED TO DEVELOP, OBTAIN FDA AND 
OTHER 
REGULATORY APPROVAL AND COMMERCIALIZE A NEW PROCESS TO PRODUCE 
TC-99M 
    * PESI IS THE MAJORITY SHAREHOLDER OF THE COMPANY 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5FYTmMa  urn:newsml:reuters.com:*:nMKW1wbsLa 
     
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