Tod Speer, CEO and President
Speer Medical Technologies, led by Tod Speer, a seasoned radiation oncologist, past professor at UW– Madison and currently the medical director of CentraCare Willmar Cancer Center, has geared up to tackle this challenge.

The organization is dedicated to advancing targeted radionuclide therapies and safer cancer remedies for patients with limited treatment options, as well as moving the technology forward into currently existing treatment paradigms. It discovers new therapies to isolate, bind, and eradicate evolving tumor cells. Unlike the traditional approach of using one drug for one target, it has devised a one-of-a-kind product, a patient-specific cancer platform dubbed MB-1702, capable of configuring drugs for different cancer types. This innovative approach accelerates drug development, ensuring prompt and effective treatment for patients.
A Transformative Focus on Targeted Radionuclide Therapies
Speer Medical Technologies is actively stimulating tumor growth in immune-compromised mice and intravenously delivering radiolabeled drugs capable of adapting their structures when encountering different cell types. This is followed by a biopsy to determine the drug configuration infiltrating the tumor.
The methodology for determining drug configurations for the tumors in mice will be replicated in human applications. The highly cytotoxic radionuclides and their tumor-specific delivery will help aide rapid drug development, redefining cancer treatment.
“Based upon promising results in multiple cancer cell lines, we have initiated animal tests to evaluate the efficacy of the MB-1702 platform in treating various tumors in vivo. If successful with the drug effectively treating multiple tumor types, then these tests will demonstrate the platform's versatility in creating a drug to target all types of solid tumors, in essence, one drug for all cancer.” says Speer, CEO and President at Speer Medical Technologies. Additionally, MB-1702’s approach and components are largely substantiated by existing literature and data.
Transforming Cancer Treatment
Speer Medical Technologies is also developing platforms to design effective treatment options for leukemia, androgen receptor-positive cancers, triple-negative breast cancer, glioblastoma, and CNS malignancies. Its GD-CNS platform is engineered to develop alpha particle-emitting radiolabeled drugs targeting CNS tumors, while the NR-80BR is designed to produce radiolabeled drugs for cancers with androgen receptor positivity.
Based upon promising results in multiple cancer cell lines, we have initiated animal tests to evaluate the efficacy of the MB-1702 platform in treating various tumors in vivo. If successful with the drug effectively treating multiple tumor types, then these tests will demonstrate the platform's versatility in creating a drug to target all types of solid tumors, in essence, one drug for all cancer
While Speer Medical Technologies is still in the preclinical stages of development, its potential impact on cancer treatment cannot be overstated. By offering a platform capable of treating a wide range of solid tumors with unmatched precision, it aims to challenge the current paradigm of one-drug-one-target treatment. Instead, Speer Medical Technologies’ platform holds the potential for tailored and patient-specific therapies, continuously adjustable to effectively target the ever-changing nature of cancer cells.
As Speer Medical Technologies progresses in its mission to transform cancer treatment, it faces significant challenges on the path to clinical trials and, ultimately, patient care. The organization has engaged with strategic partners and experts to navigate the complex regulatory landscape, ensuring that its innovative therapies meet all safety and efficacy standards.
There is no denying that Speer Medical Technologies has the capability to redefine cancer care for patients lacking effective treatment options. Its dedication to improving their lives, comfort, and safety positions it as a beacon of hope in a world where approximately ten million people succumb to cancer each year.


