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Telix Pharmaceuticals: Acquires Optimal Tracers

Telix Pharmaceuticals Acquires Optimal Tracers

  • Telix Pharmaceuticals (TLX) enters an agreement with Northern California PET Imaging Center to acquire radiochemistry specialist Optimal Tracers
  • The company believes the acquisition will “bolster” its in-house radiochemistry development capability by adding a highly-skilled team and establishing a US-based lab
  • Telix will also own Optimal Tracer’s facility, which has a radiation and pharmaceutical manufacturing licence to support pre-clinical and clinical research
  • Optimal Tracer’s CEO, Ruth Tesar, says she’s looking forward to providing Telix with the radiochemistry knowledge and experience to contribute to its future success
  • TLX shares are trading at $6.78 at 2:49 pm AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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