Bayer inks molecular imaging deal

Bayer Schering Pharma has signed a license agreement with South Korean molecular imaging manufacturer FutureChem.

Under the deal, Berlin-based Bayer Schering Pharma gains exclusive worldwide rights to a proprietary fluorine-18 radiolabeling technology used for molecular imaging applications. FutureChem and Asan Medical Center in Seoul have developed labeling technology that includes a nucleophilic substitution reaction in protic solvent, Bayer Schering Pharma said.

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