Lantheus to Acquire Evergreen Theragnostics for Upfront Payment of $250 Million to Drive Strategic Evolution into Fully Integrated Radiopharmaceutical Leader
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Lantheus Holdings, Inc. is set to acquire Evergreen Theragnostics for $250 million upfront, with potential milestone payments of up to $752.5 million. This acquisition aims to enhance Lantheus' radiopharmaceutical capabilities, adding scalable manufacturing and clinical development infrastructure, and expanding its oncology pipeline.
January 28, 2025 | 11:45 am
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Lantheus Holdings is acquiring Evergreen Theragnostics for $250 million upfront, with potential milestone payments. This move strengthens Lantheus' position in the radiopharmaceutical sector by adding manufacturing and clinical development capabilities, and expanding its oncology pipeline.
The acquisition of Evergreen Theragnostics by Lantheus Holdings is a strategic move to enhance its radiopharmaceutical capabilities. The addition of scalable manufacturing infrastructure and clinical development capabilities is likely to strengthen Lantheus' market position and expand its oncology pipeline, which is positive for the company's growth prospects.
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