Australia: Telix expands urology treatment pipeline with acquisition of Lightpoint Medical

Christian Behrenbruch, CEO of Telix Pharmaceuticals

Australian nuclear medicine company, Telix Pharmaceuticals, has entered into an agreement to acquire Lightpoint Medical and its Sensei radio-guided surgery business. Lightpoint Medical is a UK -based medical device company specialising in the intra-operative detection of targeted radiopharmaceuticals. The purchase price is split US$20m upfront, paid in equity at completion, and a further US$15m earn-out…

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