Theranostics is gaining widespread attention in the medical research field and has become a rapidly growing industry, added UW-Madison Professor Zachary Morris, who specializes in oncology. Morris said the state’s research of theranostics has raked in millions of dollars in federal grants. Wisconsin’s promise in theranostics research in part secured the state’s status as a “regional tech hub” this year, unlocking $49 million in federal funds.
“This is an area on the industry side where we’re seeing enormous investment, and the hope is that investment is going to translate into improvements in care for cancer patients in the years to come,” Morris said. “In the state of Wisconsin, it’s a strength for our state as a whole, not only on the academic side but also on the industry side.”