Bio News
Australia’s Telix will acquire Germany-based ITM Isotope Technologies Munich for an upfront payment of $1.65 billion (approximately 2.21 trillion won).
ITM owns ITM-11, a radioligand therapy that competes with Novartis’ Lutathera.
Telix will pay up to an additional $700 million in milestones based on ITM-11’s regulatory approvals and sales.
BIOBOOK TEAM
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