"We are interested in tumours against which the current therapeutic arsenal is very limited -- like ovarian, gastric and pancreatic cancers -- where the needs are huge and patients are waiting," explained Areva Med chief Patrick Bourdet.
Based in a Maryland suburb of the US capital, not far from the National Institutes of Health, Areva Med is pitting its hopes on a rare radioactive isotope that may be capable of selectively annihilating cancer cells.
This new weapon against these aggressive cancers is a variety of lead: the isotope Pb 212. It is extremely rare, extracted from an equally rare metal called thorium.
France's stock can be traced back half a decade to its nuclear subsidiary.
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At that time, the Commissary of Atomic Energy, or CEA, a government-funded research group, decided to hold on to thorium after it extracted uranium -- which has become the principal material used in nuclear power plants.
In 2003, researchers had the idea of extracting the isotope Pb 212 from the thorium, with Areva's scientists among them, looking in part for possible applications against cancer.