Item 1.01 Entry into a Material Definitive Agreement.
On January 13, 2020, Isoray Medical, Inc. ("Medical"), a wholly owned subsidiary
of Isoray, Inc., entered into Amendment to Exhibit A and Amendment No. 2 to
Exhibit B (the "Amendment") of its Amended and Restated Manufacturing and Supply
Agreement ("Supply Agreement") with GT Medical Technologies, Inc., a Delaware
corporation ("GT Tech"), originally dated April 26, 2019. Pursuant to the Supply
Agreement, Medical manufactures and supplies a brachytherapy product that
incorporates Cesium-131 seeds within customizable carriers for the treatment of
brain tumors (the "GammaTile™ Product") for end users designated by GT Tech.
Additionally, Medical supplies loose or braided Cesium-131 seeds for
brachytherapy brain cancer treatment to GT Tech on a non-exclusive basis. The
Amendment modifies the prices to be paid by GT Tech for material, labor,
overhead, and Cesium-131 seeds used in the GammaTile™ Product, and separately
specifies pricing for additional services.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
10.1 Amendment to Exhibit A and Amendment No. 2 to Exhibit B of Amended and
Restated Manufacturing and Supply Agreement, dated effective January 13,
2020, between Isoray Medical, Inc. and GT Medical Technologies, Inc.
(confidential portions of the exhibit have been omitted).
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