Taken from the latest article write up on Advanced medical Isotope corp. I feel this summarizes the biggest gain factor for the company.
"The company believes that it has entered a major market by tackling the isotope business. The market was valued at $3.2 billion in 2010, and is expected to reach about $5 billion by 2015. Over 10,000 hospitals globally use medical isotopes, with about 90% being utilized for diagnostics. The most commonly used medical isotopes are molybdenum-99 and its derivative, technetium-99m."
"The U.S. alone uses these isotopes in over 50,000 diagnostic procedures each day. Most of the Mo-99 is produced by aging nuclear reactors nearing the end of their useful lives. When the NRU reactor at Chalk River, Canada shuts down in 2015, half the global production capacity will be lost. There are no current plans to replace the reactor. Advanced Medical Isotope's solution to the looming shortage is to create a reliable supplier for which it has entered into an agreement with the existing Missouri University Research Reactor. The company expects to be in a position to supply up to 50% of the U.S. demand for that particular isotope."
I think it is interesting, this whole issue with Mo-99 shortages. This is something I recently learned about. One reason for the shortage is that isotopes made in other countries are sometimes produced with (weapons grade) enriched uranium. And this is a big problem potentially since we don't want it falling into the wrong hands. The US won't allow use or import of such isotopes-- this limits the total available supply.
Well put. It is disheartening to think that the current and out-dated reactors in charge of producing our isotopes are to be decommissioned in a few years with NO plans in place on replacing these facilities. ADMD's prospect (of producing 50% of the US's medical isotope supply) represents a billion dollar industry.