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BRIEF-Telix To Acquire ARTMS Inc And Its Advanced Isotope Production Platform
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BRIEF-Telix To Acquire ARTMS Inc And Its Advanced Isotope Production Platform
Mar 4, 2024 10:36 PM

March 4 (Reuters) - Telix Pharmaceuticals Ltd ( TLPPF ):

* TELIX TO ACQUIRE ARTMS, INC. AND ITS ADVANCED ISOTOPE

PRODUCTION

PLATFORM

* TELIX PHARMACEUTICALS LTD ( TLPPF ) - ACQUISITION HAS POTENTIAL TO

BE

FINANCIALLY ACCRETIVE, ADD ADDITIONAL REVENUE

* TELIX PHARMACEUTICALS LTD ( TLPPF ) - ACQUISITION HAS POTENTIAL TO

HAVE

POSITIVE IMPACT ON GROSS MARGINS FOR ILLUCCIX AND ZIRCAIX (WHEN

COMMERCIALLY AVAILABLE)

* TELIX PHARMACEUTICALS ( TLPPF )- DEAL COMPRISES OF US$42.5 MILLION

UPFRONT

CONSIDERATION PAYABLE IN FORM OF 5.7 MILLION TELIX ORDINARY

SHARES TO BE ISSUED AT CLOSING

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