— The head of SHINE Technologies’ therapeutics division says the company is moving from research and development into the commercial stage for a precision cancer treatment product.
The Janesville company recently submitted its “drug master file” to the FDA, which includes information on facilities, procedures and other details for production of non-carrier-added lutetium-177 chloride. This radiopharmaceutical product is paired with “cancer-seeking” molecules to target and damage or destroy cancer cells, Chris Vessell explained in an interview yesterday.
“We’ve been participating in really early-stage and pre-clinical trials, and with this filing, this means our customers can use our product in number one, commercially available drugs, as well as later-stage clinical trials,” he said.
According to a release, several of SHINE’s customers have requested letters of authorization to access the drug master file for ongoing clinical trials related to cancer treatment. Going forward, the company aims to provide Lu-177 to more customers and continue to expand its manufacturing operations, Vessell said.
“For SHINE, this is a great step forward towards growing patient access and patient value, and fundamentally helping cancer patients lead longer lives,” he said.
SHINE Technologies has a long-term four-part plan for business growth and development, and is currently in the second phase, focused on medical diagnostic products. The drug master file submission helps to lay the groundwork for following phases of the plan, which will involve recycling nuclear waste and eventually clean energy production through nuclear fusion.
“Filing this with the FDA allows our customers to get to a broader set of patients, which will then hopefully expedite clinical trials and drug acceptance,” Vessell said.
See a recent story on the company: https://www.wisbusiness.com/2022/shines-medical-isotope-facility-set-to-go-online-next-year/
— Wisconsin and other Midwest states have signed onto a plan to build an 1,100-mile network of electric vehicle chargers around Lake Michigan.
Along with Department of Administration Secretary Kathy Blumenfeld, representatives of Illinois, Indiana and Michigan have signed a memorandum of understanding for the Lake Michigan EV Circuit Tour, according to a release from Gov. Tony Evers’ office. This agreement outlines the multi-state partnership for construction and maintenance of the EV charging network as well as joint marketing plans.
These states previously announced a partnership to coordinate EV charging infrastructure in September 2021.
“Making our beautiful coastal communities not only more accessible to EVs but protecting them through lower emissions is a win-win for Wisconsin,” Evers said in the release. “We’re proud to support this multi-state partnership as we work to implement our first-ever Clean Energy Plan and continue our efforts to bolster Wisconsin’s tourism industry.”
EV charging sites will be located at population centers including Green Bay, Milwaukee, Chicago and Traverse City in Michigan, as well as tourism attractions such as state parks, lighthouses and areas with breweries and restaurants.
According to the release, many of the chargers on the planned circuit are already in operation and the rest of the sites are expected to be completed “within the next few years.”
See the release: https://content.govdelivery.com/accounts/WIGOV/bulletins/325c3ad
See the MOU: https://www.michigan.gov/leo/-/media/Project/Websites/leo/Lake_MI_Circuit_MOUdocx1.pdf
— Xcel Energy plans to add up to 750 electric vehicle charging stations in Wisconsin and Minnesota.
The utility’s plan also includes new EV programs for businesses, multi-family buildings, community charging, transit and electric school buses, according to a release. The company says it will work with communities and EV charging site hosts on locations in urban and rural areas, with a focus on interstates, state highways and other high-traffic areas.
Mark Stoering, president of Xcel Energy-Wisconsin and Michigan, notes interest in electric vehicles continues to grow.
“The expansion of both private and public charging will help customers address range anxiety and achieve significant savings on their transportation costs while delivering cleaner air for everyone,” Stoering said in the release.
See more on the company’s EV plans here: https://wi.my.xcelenergy.com/s/our-commitment/ev-vision
— State-level health care spending per person in Wisconsin increased by 1.8 percent on an annualized basis between 2013 and 2019.
That’s according to a new study published in the journal HealthAffairs.
In 2019, health spending per person in the state reached $10,440, the study shows. When adjusted for factors such as age, sex, prices, mean income, population density, smoking rates and physical activity, the state’s standardized spending per person was $11,320 and the annualized rate of change was 1.5 percent.
Wisconsin’s non-standardized level of per-person health spending in 2019 was 17th highest among states included in the analysis. The report notes the state with the lowest spending per person — Utah, with $7,250 — spent half as much per person as the state with the highest spending — Alaska, with $14,500.
The report also includes a breakdown of per-person spending by payer as a percentage of total state-level health spending in 2019. In Wisconsin, those percentages were: Medicare, 20 percent; Medicaid, 15 percent; private, 40 percent; and out-of-pocket, 25 percent.
Report authors note income was the factor that explained the most spending variation, highlighting the “known association” between wealth and access to health care.
“Income and regional consumer prices combine in such a way that wealthy states with the highest prices consistently had the highest estimated health spending per person,” they wrote. “At the same time, those living in states with lower mean income had lower spending despite having a generally higher need for health care in poor regions because of systematically worse health.”
See the full report: https://www.healthaffairs.org/doi/10.1377/hlthaff.2021.01834
— State officials announced an additional $8 million in emergency medical services funding is being distributed to communities in Wisconsin.
This one-time investment, coming from the state’s American Rescue Plan Act funding, is going to communities that receive Funding Assistance Program grants each year, a release shows. On top of the typical grant, each recipient is getting about $25,000 in extra funding.
According to the release from Gov. Tony Evers, the FAP grants are open to public ambulance service providers such as volunteer fire departments. The dollars can be used for new vehicles, safety upgrades, medical equipment, patient transportation and immobilization equipment and more.
Evers previously announced this funding during this year’s State of the State address as part of a $20 million package for EMS providers, the release shows. The other $12 million is for grants for “small, under-resourced” providers that don’t qualify for other state grants.
Find the full list of FAP grant recipients here: https://www.dhs.wisconsin.gov/ems/fap-recipients.htm
See the release: https://content.govdelivery.com/accounts/WIGOV/bulletins/3263cb2
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#TOP STORIES#
# Farming costs in Wisconsin were up 8 percent in 2021
# Neenah Foundry Company to lay off 115 employees this fall
# With jail $10 million over budget, Dane County Board’s Black Caucus unveils new plan
#TOPICS#
# AGRIBUSINESS
– Crop report shows fields are getting dry in Wisconsin
# ECONOMY
– Most MMAC members expect to grow sales, profits in third quarter
# ENTERTAINMENT
– Promises Bar brings a variety of live music to Walker’s Point
# HEALTH CARE
– Appointments fill rapidly for first week of Dane County monkeypox vaccine clinic
# MANUFACTURING
– Molson Coors reports small drop in second quarter net sales
– Materion to develop advanced chemicals for EV batteries, semiconductor chips in Milwaukee
# MEDIA
– Susan Kim moves to new role at TMJ4 as station names new morning anchors
# REAL ESTATE
– Oklahoma investor buys Milwaukee industrial building for $7.3 million
– Luxury apartments set to open in a year on Mayfair Road in Wauwatosa
– New apartment, retail complex under construction in Grand Chute
# SMALL BUSINESS
– Growing Sherman Park food business incubator plans second location
# TECHNOLOGY
– RoofMarketplace raises $5 million to scale company, hire in Milwaukee
# TOURISM
– Road America, tucked in a fortress of trees, maintains beauty of America’s ‘national park of speed’
– Milwaukee Athletic Club valet and greeter James Jackson mattered, because he made others feel like they mattered
# TRANSPORTATION
– Illinois, Indiana, Wisconsin join Whitmer’s Lake Michigan EV charging circuit
# UTILITIES
– Utilities set to spend more than $2B on new transmission lines in Wisconsin
– Xcel seeks to add 750 charging stations in Wisconsin, Minnesota
# PRESS RELEASES
<i>See these and other press releases:
https://www.wisbusiness.com/press-releases/ </i>
AARP Wisconsin: ‘Cooking with Seniors’ proposal wins AARP ‘Small Dollar, Big Impact’ grant
