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Jubilant Radiopharma and Simplified Imaging Solutions announce strategic partnership to support nuclear medicine

Press releases may be edited for formatting or style | October 30, 2024 Molecular Imaging
YARDLEY, Penn. & FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Jubilant Radiopharma, a business segment of Jubilant Pharmova Limited, with the second largest network of Radiopharmacies in the United States (U.S.) and Simplified Imaging Solutions (SIS), a leading Diagnostic Services Organization (DSO), are proud to announce a strategic partnership aimed at enhancing the operational efficiencies of nuclear medicine services to healthcare facilities and physician offices nationwide. This is a first of its kind comprehensive full-service nuclear medicine solution that combines a national network of radiopharmacies with a Diagnostic Services Organization in the United States.

This strategic partnership combines the national network of 43 SPECT radiopharmacies and 3 PET manufacturing facilities of Jubilant Radiopharma with the fixed and mobile diagnostic solutions of Simplified Imaging Solutions. The strategic collaboration of Jubilant Radiopharma and SIS will be able to provide all products and services ranging from equipment, technicians, management services, FDA approved radiopharmaceuticals, licensing, accreditation, physicists, camera service or any other additional support required for efficient and affordable testing experience. The objective of this partnership will be to provide clients with a turnkey, consolidated, lower cost option of providing in-house diagnostics in both existing and new labs.

Under this business model, nuclear laboratory practices can combine all costs associated with their operations into one flat fee per test. By consolidating all aspects of nuclear laboratory operations—including radioisotopes, staffing, equipment, services, physicists, supplies and quality control—into one single, cohesive offering, the partnership seeks to significantly reduce the complexities and administrative burdens traditionally associated with running a nuclear lab.
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“By partnering with Simplified Imaging Solutions, Jubilant Radiopharma is delivering a holistic solution that addresses the operational challenges that our customers face daily,” said Harsher Singh, CEO, Jubilant Radiopharma. “This collaboration will help empower practices to operate more efficiently and profitably, allowing them to focus on patient care.”

“This partnership is a game-changer for nuclear labs,” said Avi Soffer, CEO, Simplified Imaging Solutions. “We’re excited to offer a solution that not only simplifies operations but also enhances the reliability and quality of radioisotope delivery.”

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