Oncura signs distribution agreement with Theragenics for palladium-103 brachytherapy seeds

ONCURA, a business unit of GE Healthcare and global leader in the minimally invasive permanent prostate brachytherapy management of prostate cancer, has announced that it has signed an agreement to distribute Theragenics Corporation TheraSeed(R) palladium-103 brachytherapy seeds.

Under the terms of the agreement, Oncura will exclusively sell the TheraSeed palladium-103 seed, subject to certain pre-existing vendor agreements, for the treatment of prostate cancer in the U.S. and Canada. The term of the agreement is through May 31, 2013 and provides for additional one-year terms upon mutual agreement of the parties.

"We are pleased to re-establish our relationship with Theragenics and offering the leading palladium seed in the industry is an important sign of our ongoing commitment to our customers and to the continued development of prostate brachytherapy, " said Thomas Barker, Urology Product Leader for GE and General Manager of Oncura. "We are excited to offer our customers both our industry standard iodine-125 based OncoSeedTM and RAPID Strand(TM) brands, our unique ThinSeed(TM) iodine-125 products, and the leading palladium-103 brand in TheraSeed(R)."

"We are pleased to be working with Oncura again," stated M. Christine Jacobs, Chairman and CEO of Theragenics. "We previously supplied Oncura and its predecessors with TheraSeed(R) from 2000 through 2005. Re-establishing our relationship with Oncura is a testament to the quality and reliability of Theragenics and TheraSeed(R) in the brachytherapy industry. Oncura has been a leading brachytherapy supplier since 1991, and they bring a unique understanding of the industry."