The radionuclide 161 Tb (T 1/2 =6.89 d) is potentially important for internal radiotherapy. It is generally produced through the 160 Gd(n,γ) 161 Gd → 161 Tb route at research reactors. In this work the possibility of its production at a cyclotron was investigated. Determination of the excitation function of the 160 Gd(d,x) 161 Tb production route and that of the disturbing 160 Gd(d,2n)-160 Tb side reaction was done over the deuteron energy range up to 50 MeV using the stacked-foil technique and high-resolution γ-ray spectrometry. A comparison of this production route with the established (n,γ) reaction at a nuclear reactor is made. arXiv:1303.6412v1 [nucl-ex]