WEBVTT

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UNIVERSITY AND THE INDIANA 

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ASSOCIATION OF REALTORS 

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>> DON'T GIVE YOU STAND YOUR 

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GROUND IF YOU'VE BEEN 

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DIAGNOSED WITH METASTATIC 

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PROSTATE CANCER TRIED HORMONE 

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THERAPY ASK YOUR DOCTOR ABOUT 

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SOME VICTIMS NOT MEDICAL 

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INNOVATION DEVELOPED BY 

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RENOWNED PURDUE RESEARCHER AND 

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SCIENTIST DR PHILIP LAU NOW 

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MANUFACTURED IN INDIANAPOLIS 

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TO PROBABLY SEEN THE 

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COMMERCIALS JUST ONE EXAMPLE 

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OF HOW INDIANA HAS EMERGED AS 

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A LEADER IN THE RAPIDLY 

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GROWING RADIO PHARMACEUTICAL 

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WORLD HELLO AND WELCOME TO 

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INSIDE INDIANA BUSINESS I'M 

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GARY DECK RADIO PHARMACEUTICAL 

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MEDICINE IS A SECTOR THAT IS 

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ALREADY BOOMING ALL OVER 

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INDIANA AND COMPANIES ARE 

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MAKING ROOM FOR EVEN MORE 

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BUSINESS THE LATEST EXPANSION 

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ANNOUNCEMENT COMING FROM 

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INDIANAPOLIS BASED SPECTRA ON 

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OUR ACTS BUSINESS OF HEALTH 

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REPORTER KYLEIGH BUT A LOT OF 

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HERE NOW HE'S BEEN FOLLOWING 

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THIS FROM THE BEGINNING WITH 

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MOORE KYLA YEAH THIS IS A BEEN 

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A GREAT INDIANA STORY SPECTRUM 

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ON RX IS BASED IN INDIANAPOLIS 

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BUT THIS MAJOR EXPANSION IS AT 

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ITS OPERATION NEAR BUNKER HILL 

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>> THE GROWTH NEARLY DOUBLES 

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ITS FOOTPRINT NEAR GRISSOM AIR 

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FORCE BASE WHERE THE NEW SPACE 

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IS OPEN AND READY TO RAMP UP 

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PRODUCTION 

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>> MANUFACTURING RADIO 

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PHARMACEUTICALS IS MORE 

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COMPLICATED THAN MAKING 

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TRADITIONAL MEDICINE FOR THESE 

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NEXT GENERATION CANCER DRUGS 

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MANUFACTURERS ARE MAKING 

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RADIOACTIVE ATOMS THAT GO 

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DIRECTLY TO THE TUMOR CONTRACT 

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MANUFACTURER SPECTRA RX GREW 

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FROM 6 EMPLOYEES AND 2019 TO 

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NOW MORE THAN 250 THE 

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TREMENDOUS GROWTH IN THE 

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SECTOR ISN'T SLOWING DOWN AND 

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SPECTRUM RX SAYS IT'S NOW 

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BIGGER CAMPUS NEAR BUNKER HILL 

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IS READY FOR AVALANCHE OF NEW 

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CONTRACTS WERE JUST SEEING A 

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LOT OF INVESTMENT LOT OF 

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PHARMA 

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>> MANY OF OUR CUSTOMERS 

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STARTUPS BIOTECHS FARM AND SO 

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WE NOW HAVE CONTRACTS WITH 

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THAT MOST OF ARE IN THE SPACE 

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THE EXPANSION GROWS ITS MIAMI 

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COUNTY CAMPUS FROM ABOUT 20 

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ACRES TO 34 ACRES AND 

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QUADRUPLES ITS MANUFACTURING 

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SPACE 

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>> AND BECAUSE THE MEDICINE 

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THAT MAKES IS RADIOACTIVE 

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NEARBY GRISSOM AIR FORCE BASE 

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IS A MAJOR INGREDIENT FOR THAT 

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GROWTH 

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>> SPECTRUM RX CALLS THE 

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MEDICINE MELTING ICE SOME 

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DOSES EXPIRE IN LESS THAN 24 

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HOURS WE FULLY ANTICIPATE TO 

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FIND A LOT OF PERSON 

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>> AS WE MOVE FORWARD WITH 

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FACT YEAH THE ABILITY TO SET A 

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TO GET RIGHT TO THE FOR IT'S A 

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GREAT RESOURCE WE DO USE A 

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SPORADICALLY NOW TO FUTURE 

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SPECTRA RX A GREAT SUCCESS 

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STORY CONTINUING TO GROW 

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KYLIE'S YOU LOOK AT THIS WHOLE 

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IDEA OF A CLUSTER OF COMPANIES 

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HERE 

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>> THAT'S REAL RISE INDIANA 

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THIS IS VERY LEGITIMATE AND IN 

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THE END OF THEIR 16 NUCLEAR 

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MEDICINE COMPANIES THAT CALL 

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IN THE CENTRAL INDIANA THE 

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STATE HOME 

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>> AND THAT IS THE BIGGEST 

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CLUSTER BY FAR COMPARED TO ANY 

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STATE SO INDIANA'S LEADERSHIP 

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IS DEFINITELY REAL HE ALSO 

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MENTIONED LOGISTICS BEING 

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CLOSE TO GRAYSON FOR THIS 

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SPECTER ON RX EXPANSION YOU 

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COME DOWN TO INDIANAPOLIS AND 

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YOU'VE GOT FEDEX WHICH IS 

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>> DEPENDING ON WHO YOU TALK 

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TO THE FIRST OR SECOND LARGEST 

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AIR CARGO HUB IN THE WORLD 

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RIGHT AND THAT'S BEEN A MAJOR 

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PIECE FOR THE GROWTH IN 

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INDIANA YOU KNOW YOU THINK 

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ABOUT YOU CAN REACH 60% OF THE 

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US POPULATION TRUCKING WITHIN 

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12 HOURS THAT THESE MEDICINES 

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HAVE TO MOVE FASTER THAN THAT 

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I MEAN IF THEY'RE EXPIRING IN 

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24 HOURS THE AVERAGE IS 3 TO 4 

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DAYS 

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>> YOU'VE GOT TO HAVE A YEAH 

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AND YOU KNOW THE 

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ATTRACTIVENESS OF THIS MARKET 

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DOUBLE DIGIT GROWTH CROSSROADS 

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REALLY WANTS TO TAKE ADVANTAGE 

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OF IT 

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>> INDIANA INDIANAPOLIS BILLED 

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AS A SPORTS CAPITAL NOW TALKED 

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EVENTS THE CEO BY A CROSSROADS 

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THEY WANT A DIFFERENT MONIKER 

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MAY BE ON THE STATE 

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>> WE SECURED OVER THIS PAST 

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SUMMER LAST SUMMER SERVICE 

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MARK OF BEING THE RATE OUR 

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SCHOOL CAPITAL THE WORLD AND 

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WE HAVE THE GOODS TO TO REALLY 

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PROVE THAT AND WE'RE ALL 

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WORKING IN A VERY CONCERTED 

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DELIBERATE EFFORT 2 GET THE 

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YOU KNOW WORK ON WORKFORCE 

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CHALLENGES WORK ON 

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TRANSPORTATION ISSUES THAT YOU 

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KNOW ALL IF WE CAN SOLVE ALL 

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THOSE BALL ONLY CONTINUE TO 

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CATALYZE OUR GROWTH AND THIS 

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EXCITING AREA 

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>> SO SO HASN'T GOTTEN A LOT 

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OF ATTENTION I THINK BUT YOU 

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CAN TELL BY WHAT VINCE AS 

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SAYING THEIR AND OTHERS THAT 

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THIS IS SOMETHING INDIANA SEES 

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OPPORTUNITY FOR GROWTH RATE 

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AND YOU SAY HASN'T GOTTEN A 

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LOT OF ATTENTION IT HASN'T BUT 

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IT IS GAINING TRACTION A LOT 

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OF THESE DRUGS HAVE BEEN IN 

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PHASE ONE AND 2 SMALLER 

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CLINICAL TRIALS 

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>> THESE ARE NOW MOVING INTO 

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PHASE 3 WHICH ARE THE LARGE 

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CLINICAL TRIALS AND THEN 

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COMMERCIALIZATION IS COMING 

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AND THAT'S GOING TO BE A MAJOR 

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RAMP UP TO KYLIE GREAT