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Leadership

Joseph Oliverio, President and CEO

Joseph joins Actineer with over three decades of leadership experience across the nuclear medicine, medical device and radiopharmaceutical industries, including at Ionetix, IMAGIN Molecular Corporation and Positron Corporation (OTC: POSC). He takes the helm as Actineer moves forward with the scaling of its Ac-225 manufacturing capabilities and preparations to supply the radiopharmaceutical industry with this valuable alpha emitter.

Before joining Actineer, Joseph held several senior executive roles in the radiopharmaceutical industry. Most recently, he served as VP of Clinical Operations at Ionetix Corporation, where he spearheaded their cardiac radiopharmaceutical clinical growth strategy, established new joint ventures with medical and private equity groups, contributed to their Targeted Alpha Therapy business segment, advised on regulatory product submissions, and managed their clinical trial. As President and CEO of IMAGIN Molecular Corporation, he led efforts to identify joint venture partners for cardiac and oncologic imaging. Prior to this, Joseph was President and Chairman of the Board at Positron Corporation, where he managed a joint venture with Neusoft, expanded the PET scanner business, acquired IS2 Medical Systems, and successfully led multiple funding rounds. Mr. Oliverio holds an MBA in Technology Management from the University of Phoenix, Arizona, and a Bachelor of Science in Nuclear Medicine Technology from SUNY University at Buffalo, New York.

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Actineer Quotes

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Actineer, the joint venture between ITM and CNL, is addressing the growing and urgent global demand for Actinium-225—a rare medical radioisotope that enables the development of innovative therapies for hard-to-treat tumors. By ensuring a stable, scalable supply of this critical resource, Actineer helps to advance both clinical trials and the development of potential life-saving treatments for cancer patients worldwide.

Dr. Andrew Cavey,
CEO of ITM
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Our joint venture Actineer has been launched with the overall goal to ensure access to Ac-225 as a next generation radioisotope through an innovative technology.
With the foundation of Actineer we have committed us to establish a reliable, long term and substantial production of Ac-225 in high quality standards.
This Canada based company will facilitate ground breaking research activities leading to novel cancer treatments urgently needed by many patients worldwide.

Dr. Andreas Benischke,
VP Global Actinium Lead of ITM
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It is our role to drive nuclear innovation in Canada, to bring private and public expertise together to spark these new initiatives that will ultimately benefit the health of Canadians and bring new jobs to Canada. We are building on decades of Canada’s world-leading isotope innovation, and have found the key to success is collaboration, partnership, and strong leadership. We are pleased to support the joint venture between CNL and ITM with shared values to bring this potentially lifesaving therapy to the world.

Fred Dermarkar,
President and CEO of AECL
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Actineer is poised to become one of the major global suppliers of Actinium-225. I am privileged to work with such premier institutions as CNL and ITM and am eager to leverage my expertise and work together with the Actineer team to achieve this goal and thereby support the development of innovative targeted alpha radiopharmaceuticals for the treatment of challenging cancer indications.

Joseph Oliverio,
President and CEO
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Targeted alpha therapies based on Actinium-225 are gaining increasing importance in addition to the well-established beta emitters such as our highly-pure non-carrier-added (n.c.a.) Lutetium-177. Joining forces with CNL provides us the opportunity to extend our therapeutic portfolio as we continue striving to meet the needs of healthcare professionals and cancer patients worldwide.

Steffen Schuster,
Vice Chairman of the Board of ITM