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Australia’s Telix Pharma agrees to buy Germany’s ITM Isotope for about $1.65 billion

The combined group is projected to generate more than US$1.3 billion in revenue in 2026 and aims for positive EBITDA from 2027.

Summary by WTVB
Sept 21 (Reuters) - Australia's Telix Pharmaceuticals ​said ‌on Monday it has ‌agreed ​to ⁠acquire Germany-based ⁠ITM Isotope Technologies Munich SE for ​about $1.65 billion ⁠on ⁠a ​cash- and ​debt-free basis. After adjustments, ‌ITM shareholders are e...

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Telix broke the news on Sunday, September 20, 2026.
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