Cyclotek was established in 2001 and is the leading private producer of radioisotopes in Australia and New Zealand. Cyclotek manufactures and distributes radioisotopes to radiology clinics and hospitals to be used in positron tomography (‘PET’) scans. PET scans are an integral part of the diagnostic imaging chain and are used to detect cancer. Five V invested alongside Cyclotek’s founders to support the business’ next phase of growth.