Telix Pharmaceuticals buys Advanced Nuclear Medicine Ingredients

Telix Pharmaceuticals buys Advanced Nuclear Medicine Ingredients

November 26, 2018 371

Telix Pharmaceuticals Limited, a clinical-stage biopharmaceutical company focused on the development of diagnostic and therapeutic products based on targeted radiopharmaceuticals or “molecularly-targeted radiation” (MTR) has announced the acquisition of Belgium-based Advanced Nuclear Medicine Ingredients (ANMI).

The acquisition of ANMI significantly expands the market opportunity for Telix’s investment in prostate cancer imaging and builds on the existing commercialization collaboration for the illumet prostate imaging (68Ga-PSMA) kit for the US market. Combining the resources, clinical data and human capital of both companies is expected to accelerate the process of preparing a new drug application (NDA) in the United States and Europe for prostate imaging.

Telix Pharmaceuticals is a global biopharmaceutical company focused on the development of diagnostic and therapeutic products based on targeted radiopharmaceuticals or “molecularly-targeted radiation” (MTR). The company is headquartered in Melbourne with international operations in Brussels (EU), Kyoto (Japan) and Indianapolis (USA). The company is developing a portfolio of clinical-stage oncology products that address significant unmet medical need in renal, prostate and brain (glioblastoma) cancer.

ANMI SA, based in Liège (Belgium), is a pharmaceutical company developing innovative radiopharmaceutical solutions and a global service provider in the nuclear medicine field. The company has developed innovative solutions to facilitate the scalable synthesis of “theranostic” (therapeutic + diagnostic) radiopharmaceuticals and to ease their daily production in hospitals and radiopharmacies.

 

Information source: http://www.telixpharma.com/telix-pharmaceuticals-acquires-advanced-nuclear-medicine-ingredients-anmi-sa/

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