Strategic· Strategic and succession

Telix Pharmaceuticals acquires ITM

Radioisotopes and radiopharmaceuticals · München, Germanyacquired byTelix Pharmaceuticals
advised by
Sell-side
Latham & Watkins
Buy-side
Centerview Partners(M&A)Morgan Stanley(M&A)Sidley Austin(Recht)

The Australian company Telix Pharmaceuticals acquires Isotope Technologies Munich in full, at an EV of $1.65bn plus an earn-out of up to $700m. Completion is subject to approval by Telix shareholders.

Buyer
Telix Pharmaceuticals
Target
ITM, München
Type
Strategic
Country
Germany
First reported
21/09/2026
Sell-side
Latham & Watkins, according to the source
Buy-side
Centerview Partners, Morgan Stanley, Sidley Austin, according to the source

Deal-Radar no. 42-128 · added in Week 42/2026, first reported on 21/09/2026 · publicly reported, without guarantee · SourcingClub was not involved in this transaction. Report an error · Method

Transactions by Telix Pharmaceuticals

So far this is the only transaction by Telix Pharmaceuticals published in the Deal-Radar. New deals are added every Monday.

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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 19 October 2026.