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Major milestone for Thor Medical and cancer treatment

Yesterday, Thor Medical officially opened its groundbreaking pilot plant for refining thorium for use in cancer treatment. The facility is located in Herøya Industrial Park.
six people standing in a row, holding a red ribbon, three people holding scissors and about to cut the ribbon, opening ceremony of industrial plant Officially open: From left Jasper Kurth, CEO Thor Medical, Roy Larsen, professor and entrepreneur, Janicke Andreassen, Mayor of Porsgrunn, Cecilie Myrseth, Minister of Trade and Industry, Alf Bjørseth, entrepreneur and businessowner and Ludvig Sandnes, Chairman of the Board, Thor Medical.

This plant marks a significant step forward in medical technology and has attracted attention from the healthcare industry both nationally and internationally.

Important milestone

A proud Jasper Kurth, CEO of Thor Medical, welcomed guests to the opening of the pilot plant at Herøya.

"This pilot plant is now delivering isotope samples to customers so they can verify the purity. These alpha emitters are now in clinical testing around the world, and the results so far are astonishing. It is a highly environmentally friendly product that can help millions of cancer patients worldwide. No dangerous by-products, no radioactive waste," he said.

 

portrait of man in suit, pilot facility in background.
Jasper Kurth, CEO Thor Medical.

"Our team has built the facility within the estimated time and budget. Today marks an important milestone for both the company and cancer patients," said Kurth.

Investing in the health industry

Among the guests at the opening were Minister of Trade and Industry Cecilie Myrseth and the Mayor of Porsgrunn, Janicke Andreassen, both of whom highlighted the plant's significance for future industry and healthcare innovation.

 

young woman dressed in red visitors coat, speaks. Pilot facility in background.
Minister of Trade and Industry, Cecilie Myrseth.

"This is an important step for Norway's health industry," said Trade Minister Cecilie Myrseth during the opening ceremony. She emphasised the government's goal to increase exports from industries other than oil and gas by 50% by 2030, in line with the Hurdal Platform.

"We are focusing on the health industry as part of the green transition," she said, praising the effort put into the project and wishing Thor Medical success.

Life-saving milligrams

The Mayor of Porsgrunn expressed her pride that Herøya is once again at the forefront of industrial growth, this time in a completely new way.

 

woman in grey jumper, speach, pilot facility in background.
Mayor of Porsgrunn, Janicke Andreassen.

"We have had industry here for almost 100 years, and the companies here have produced millions of tonnes. Now, we are talking about milligrams, but these milligrams are incredibly important. It is enough for many life-saving cancer treatment doses," Andreassen said.

"It is fantastic that this technology is based here in Porsgrunn."

Thorium, a perpetual machine

Sindre Hassfjell, Chief Technology Officer at Thor Medical, explained how the plant operates.

"The plant is delivering high purity and very potent precursors for cancer drugs; Radium 228 and Thorium 228. Here the Thorium is passed through a separation system that divides thorium from radium. All chemicals are recycled, and thorium will continuously generate new radium," he explained.

 

man in suit talks to guests standing near in the pilot facility
Sindre Hassfjell, CTO Thor Medical, explains the process for the guests.

"Thorium has a half-life of 14 billion years, so we can call it a perpetual machine," he said with a smile.

With the new pilot plant up and running, Thor Medical is looking forward to scaling up production.

"Once we become a full-scale factory, we can process tonnes of thorium. We will end up with just a few milligrams, but those milligrams can make the difference between life and death for many patients," Hassfjell concluded.

 

man points and talks to woman
Alf Bjørseth, entrepreneur, investor and businessowner explains the facts to the Minister of Trade and Industry, Cecilie Myrseth.
woman standing in front of blue cabinet with doors open.
VP EHS at Thor Medical, Astrid Liland.
two men in suit talking
From left Jasper Kurth, CEO Thor Medical and Sverre Gotaas, CEO Herøya Industripark AS.
group picture, six men in suit and two women in the middle.
The Thor Medical team: from left Simen Olsson, Jasper Kurth, Alf Bjørseth, Minister of Trade and Industry Cecilie Myrseth, Brede Ellingsæter, Astrid Liland, Thor Andre Karlsen and Sindre Hassfjell.
cake with a design and business logo on top
The cake, with the process explained.

 

 

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