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Lantheus Announces Closing of SPECT Business Sale to SHINE Technologies - Lantheus Holdings (NASDAQ:LNTH)
SHINE Technologies acquired Lantheus' SPECT diagnostic agents and manufacturing assets to expand medical isotope production and capabilities, enabling Lantheus to focus on PET radiodiagnostics.
- On Jan. 02, 2026, Lantheus Holdings, Inc. completed the sale of its SPECT business to SHINE Technologies, LLC, including diagnostic agents, part of its North Billerica, Massachusetts manufacturing campus, and SPECT-related Canadian operations.
- Lantheus said it divested the SPECT business to focus on PET radiodiagnostics, microbubbles, and its radiopharmaceutical pipeline while SHINE scales commercial medical isotope production and fusion technology.
- Transaction advisers included Solomon Partners Securities, LLC as financial advisor to Lantheus, Foley Hoag LLP and Ropes & Gray LLP as legal advisors, and Ernst & Young LLP providing financial and tax advice, with Mark Kinarney and Melissa Downs listed for contacts.
- The deal positions SHINE to scale commercial isotope production by adding fusion and nuclear waste recycling, with SHINE said to expand neutron radiography and radiation-effects testing capabilities.
- As production and supply chains shift, regulators and clinicians should note the SPECT portfolio includes FDA‑approved diagnostic radiopharmaceuticals using Technetium Tc 99m, with greater radiation risks for children and potential long-term exposure effects.
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Lantheus Announces Closing of SPECT Business Sale to SHINE Technologies - Lantheus Holdings (NASDAQ:LNTH)
BEDFORD, Mass., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Lantheus Holdings, Inc. ("Lantheus" or the "Company") (NASDAQ:LNTH), the leading radiopharmaceutical-focused company dedicated to helping clinicians Find, Fight, and Follow disease to deliver better patient outcomes, today announced it has completed the previously announced sale of its single photon emission computed tomography (SPECT) business to SHINE Technologies, LLC, a subsidiary of Illumina…
·New York, United States
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Total News Sources13
Leaning Left9Leaning Right2Center2Last UpdatedBias Distribution69% Left
Bias Distribution
- 69% of the sources lean Left
69% Left
L 69%
C 16%
15%
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