Northwest Medical Isotopes coming to Columbia
Updated On: May 08 2014 06:39:15 PM CDT
A medical company called Northwest Medical Isotopes is coming to Columbia.
It will create a chemical used in detection scans called Molly-99, which detects cancer, heart disease and organ function.
Groundbreaking will take place in late 2016, and when it is completed, the company expects to provide 50 percent of the country with the chemical.
Molly-99 is only made overseas as of now.
One of the two major facilities is closing in 2016 and the other is going through a major overhaul.
Northwest Medical Isotopes CEO, Nicholas Fowler said, "The reason we suggested Columbia are many. The first and foremost being its central location in the United States."
The facility expansion is expected to generate $50 million in capital investment, once it starts operating in 2016. The site was chosen along Discovery Ridge, the research park in east Columbia approved in 2005, designed to attract new development.
Northwest Medical Isotopes will bring around 70 new jobs to Mid-Missouri.
Copyright © 2014 KMIZ - The Networks of Mid-Missouri. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Man charged with murder in Callaway Co. child's death
Elementary students exposed to heat
Owners left in tough position after tenants trash JC rental home
13 arrested following year-long drug investigation
Five people arrested in Boone Co. meth bust
Amber Alert canceled for 3-year-old Excelsior Springs girl
9-year-old shoots instructor, sparking concern for gun range safety
Columbia Police issue nearly 40 citations in safety checkpoint