Iodine companies are involved in the production and supply of iodine and iodine derivatives. Iodine is utilized in various industries, including pharmaceuticals, healthcare, and electronics. These companies play a vital role in ensuring a stable supply of high-quality iodine products for applications such as antiseptics, nutritional supplements, and analytical reagents.
Iodine Market
November 2023- PlusPlus Lifesciences Secures Patent for Their Three-Stage Multi Micronutrient 'Trimacare'. Trimacare, a pregnancy supplement, follows the MMN medication model. This approach merges conventional nutrients like Iron, Folic Acid, and Calcium with vital vitamins and minerals such as Iodine, Zinc, Omega-3 fatty acids, and Vitamins A, B, and D. Surbhi Gupta and Sameer Agarwal of PlusPlus Lifesciences were granted a patent from the Patent Office of the Government of India for their 'Trimacare' three-stage Multi-Micronutrient (MMN) pregnancy supplement. This patent has allowed for a nationwide launch and distribution of the product.
November 2023- McMaster welcomed government leaders to campus this week to celebrate a USD6.8M federal investment in the McMaster Nuclear Reactor (MNR), a leading supplier of cancer-fighting medical isotopes. The investment was announced in June as part of a USD35 million national initiative to create a Canadian Medical Isotope Ecosystem (CMIE) – a pan-Canadian network for medical isotope research and innovation. The funding will be used to expand operations at the reactor, enhancing its capacity for medical isotope research and production of custom isotopes for clinical trials, says Dave Tucker, McMaster's chief nuclear officer and associate vice president of Nuclear. Tucker says that they are experiencing a renaissance in nuclear medicine both at home and abroad. This support from the federal government will ensure that Canada is at the forefront of the rapidly expanding medical isotope sector. He further added that from the McMaster-based Centre for Probe Development & Commercialization (CPDC) to spin-offs like Fusion Pharmaceuticals and AtomVie Global Radiopharma Inc., Hamilton and McMaster are at the core of commercializing new life-saving medical isotopes, creating high-paying jobs in the field and training the next generation of nuclear industry leaders. Pam Damoff, Member of Parliament for Oakville North – Burlington; Lisa Hepfner, MP for Hamilton Mountain; and Chad Collins, MP for Hamilton East – Stoney Creek, attended the announcement.
In August 2020, SQM S.A. aimed at carbon-neutral lithium potassium soda ash production by not extracting brine from Salar de Atacama and reducing water consumption across all operations by 40%.
For example, in Dec 2020, SQM announced significant expansion plans for lithium nitrate iodine production as part of an aggressive USD1.9bn investment program between 2021-2024 to expand its lithium iodine nitrates operations with approx USD440m being invested into caliche ore mining operations and plant in Chile for nitrates & iodines production.
After Moscow invaded Ukraine, Brussels has speeded up plans on how the EU should respond to health issues arising from nuclear incidents. European Commission wants EU member states to stockpile protective clothing and medical supplies like iodine pills, etcetera.
In February 2022, Tata Consumer Products launched a new product called ‘Shuddh By Tata Salt’ in a few regional markets across India. Shuddh by Tata Salt is an iodized salt brand that provides consumers with affordable access to high-quality branded salts.
In January 2022, the study published by Plantlab Laboratory of Sant'anna Institute of Life Sciences supported by SQM stated that iodine is essential for plant life. The finding offers new possibilities for increasing agricultural production.
In July 2020, B.D. announced the availability of BD PurPrep™ patient preoperative skin preparation with a sterile solution: it’s commercially available now in the United States –the first and only fully sterile povidone-iodine plus isopropyl alcohol single-use antiseptic skin preparation (PVP-I; 0.83% available iodine and 72.5% isopropyl alcohol). BD PurPrep™ and BD ChloraPrep™ patient preoperative skin preparations are the only sterile ones available, which are marketed using a single-use applicator that is specially designed to prevent cross-contamination and promote aseptic non-touch technique. With contraindications for CHG/IPA or sensitivity to CHG, the BD PurPrep™ patient preoperative skin preparation offers an alternative for effective skin preparation when chlorhexidine gluconate cannot be used.
Key Companies in the Iodine market include
Iodine Market Highlights:
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