M&A Deal Summary

Telix Pharmaceuticals Acquires RLS Radiopharmacies

On December 23, 2024, Telix Pharmaceuticals acquired life science company RLS Radiopharmacies for 230M USD

Acquisition Highlights
  • This is Telix Pharmaceuticals’ 5th transaction in the Life Science sector.
  • This is Telix Pharmaceuticals’ largest (disclosed) transaction.
  • This is Telix Pharmaceuticals’ 4th transaction in the United States.
  • This is Telix Pharmaceuticals’ 1st transaction in Florida.

M&A Deal Summary

Date 2024-12-23
Target RLS Radiopharmacies
Sector Life Science
Buyer(s) Telix Pharmaceuticals
Deal Type Add-on Acquisition
Deal Value 230M USD

Target

RLS Radiopharmacies

Lake Mary, Florida, United States
RLS Radiopharmacies is a General Electric Channel Partner engaged in isotope production and delivery of service to the nuclear medicine market. RLS Radiopharmacies is based in Lake Mary, Florida.

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Buyer(S) 1

Buyer

Telix Pharmaceuticals

North Melbourne, Australia

Category Company
Sector Life Science
DESCRIPTION

Telix Pharmaceuticals Ltd. is a clinical-stage biopharamaceutical company headquartered in Melbourne, Australia. Telix is developing an advanced portfolio of clinical-stage products that address significant unmet medical need in oncology, particularly renal, prostate and brain (glioblastoma) cancer.


DEAL STATS #
Overall 6 of 7
Sector: Life Science M&A 5 of 6
Type: Add-on Acquisition M&A Deals 4 of 4
State: Florida M&A 1 of 1
Country: United States M&A 4 of 5
Year: 2024 M&A 4 of 4
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-05 Artms

Burnaby, British Columbia, Canada

Artms is a commercial-stage company that specializes in the physics, chemistry, and materials science of cyclotron-produced radionuclides. Its technology is used by the major manufacturing networks to optimize the production of a range of medical radioisotopes. Artms is based in Burnaby, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-22 ImaginAb - Therapeutic Pipeline

Inglewood, California, United States

ImaginAb's Therapeutic Pipeline is a proprietary novel biologics technology platform.

Buy -