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News 2026-09-21 00:57 UTC

Telix agrees to buy ITM Isotope Technologies Munich for USD 1.65 billion upfront, plus up to USD 700 million milestones

Telix Pharmaceuticals agreed to acquire ITM Isotope Technologies Munich for USD 1.65 billion on a cash-free, debt-free basis. Consideration includes USD 1.25 billion in 105,800,000 Telix shares priced at USD 11.84, USD 302 million net debt assumed. Deal also includes up to USD 700 million in contingent payments tied to

TLX.AX

News 2026-09-20 22:57 UTC

Telix Pharma to buy ITM Isotope for $1.65 billion

Australia's Telix Pharmaceuticals has agreed to acquire Germany-based ITM Isotope Technologies Munich SE for about $1.65 billion on a cash- and debt-free basis. ITM shareholders are expected to receive about $1.25 billion in Telix shares at $11.84 per share.

TLX.AX

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Telix agrees to buy ITM Isotope Technologies Munich for USD 1.65 billion upfront, plus up to USD 700 million milestones

Telix Pharma to buy ITM Isotope for $1.65 billion