Oregon company building facility in Columbia

An Oregon company has announced plans to build a radioisotope production facility at the University of Missouri’s research park in Columbia.

Nick Fowler, founder of Corvallis, Oregon-based Northwest Medical Isotopes, said Thursday the facility will make molybdenum-99, an isotope used to produce technetium-99m, which is used in nuclear imaging studies.

The facility is expected to break ground next year on the 50,000-square-foot facility at the university’s Discovery Ridge Research Park. Fowler says the site should be in operation by 2016 and is expected to create 68 jobs.

[Columbia News Tribune]