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Northwest Medical Isotopes

Corvallis, US · Founded 2010 · Oregon LLC

Northwest Medical Isotopes (NWMI) is designing, licensing, and building a radioisotope production facility to process low-enriched uranium targets and produce fission-based Molybdenum-99 (Mo-99), the parent isotope for Tc-99m used in nuclear medicine imaging. It aims to supply a domestic and worldwide source of pharmaceutical-grade Mo-99 to radiopharmacies and medical imaging centers, with its production facility planned in Columbia, Missouri.

Founders & leadership

NF
Nicholas FowlerMember of Board of Managers and CEO
LM
Larry MullinsNamed on SEC filing
MC
MILT CHEEVERNamed on SEC filing
CH
Carolyn HaassNamed on SEC filing
MD
MICHAEL DONOVANNamed on SEC filing
KG
Kirk GernerNamed on SEC filing

Board

MC
Milton CheeverMember of Board of Managers

Reported raises · per SEC filings

Form D private placements

$4M disclosed across 2 rounds · 2014–2018

▶$3.5MraisedDec 2018 · 16 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • LARRY MULLINSExecutive Officer, Director
  • MILT CHEEVERDirector
  • CAROLYN HAASSExecutive Officer, Director
  • MICHAEL DONOVANDirector
  • KIRK GERNERDirector
Offering amount
$5.5M
Amount sold
$3.5M
Minimum investment
$50K
First sale
Nov 2018
Incorporated
Limited Liability Company, Oregon
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$500KraisedMar 2014 · 2 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Carolyn HaassExecutive Officer, Director
  • Kirk GernerExecutive Officer, Director
  • Nicholas FowlerExecutive Officer, Director, Promoter
  • Larry MullinsDirector
  • Milton CheeverDirector
Offering amount
$8.1M
Amount sold
$500K
First sale
Mar 2014
Incorporated
Limited Liability Company, Oregon, 2010
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Northwest Medical Isotopes do?
Northwest Medical Isotopes (NWMI) is designing, licensing, and building a radioisotope production facility to process low-enriched uranium targets and produce fission-based Molybdenum-99 (Mo-99), the parent isotope for Tc-99m used in nuclear medicine imaging. It aims to supply a domestic and worldwide source of pharmaceutical-grade Mo-99 to radiopharmacies and medical imaging centers, with its production facility planned in Columbia, Missouri.
How much funding has Northwest Medical Isotopes raised?
Northwest Medical Isotopes has disclosed $4M raised across 2 rounds.
Where is Northwest Medical Isotopes headquartered?
Northwest Medical Isotopes is headquartered in Corvallis, US.
Northwest Medical Isotopes — Investors & Founders | Fundraising Fox