When most people hear the word “nuclear” they run the other way. For the most part, this is because of the inherent association with danger and the unknown. There are, however, many emerging applications for nuclear products and their associated molecular relatives. Understanding and development are the needed elements so that profits, locked away between the molecules, can be found.
International Isotope Inc., a manufacturer and service provider of nuclear products, works to market and provide nuclear product services and isotopes. The company’s primary markets include nuclear medicine, industrial/medical research, standards and safe nuclear products transportation.
Although many would be hard pressed to grasp the intricacies of the company’s product and services, they are likely to understand that they can be segmented into products, standards, and applications. The company’s products include – but are not limited to – Cobalt, Barium, Fluorine and Iodine. Its standards program involves the creation of equipment to meet particular levels of acceptance and tolerance standards. The company’s radiation control products include cleaning kits to maintain safe working conditions on a daily basis, while its transportation services operations provide for transportation of potentially harmful products – manufacture and sale of transport casks.
The likelihood of most investors being all that familiar with this portion of the company’s activities is slim. The applications that the company uses its products and services in are likely of more interest. Cancer research is a leading application for the company’s products, as is the use of its products in the diagnosis of brain or other internal body conditions. In much the same fashion, the company’s Cobalt products are also used at the nation’s ports to detect dangerous or unwanted cargo before it passes through the ports gates and into the US proper. Additionally, the company’s various Fluoride products are used in the manufacture of silicon chips.
Recently reporting, the company has experienced stable and consistent growth. Its overall positive growth has, however, witnessed a divergent pattern largely due to the nature of bulk Cobalt sales – which can skew results across reporting periods. Capsulated Cobalt, however, did increase in sales during the first six months of 2008 to a degree worth noting. The remainder of the company’s products and services generally experienced modest gains through the period.
From a general perspective, products and services such as the ones that International Isotope provides are a hidden but burgeoning market sector. Researchers have been working with these isotopes and services for only a relatively short period when considering the true potential that they might provide. As research and manufacturing comes to truly understand the full potential of these products, new markets and profits are sure to launch the company into solid and consistent profits.
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