Announced
Completed
Financials
Sources
Tags
Private Equity
Cross Border
Friendly
Completed
Biotechnology
Germany
radiopharmaceutical biotech
Single Bidder
Venture Capital
biotechnology company
Acquisition
Minority
Private
Synopsis
Temasek, a global investment company headquartered in Singapore, led a €255m funding round in ITM Isotope Technologies Munich, a radiopharmaceutical biotech company, with participation from BlackRock, Qatar Investment Authority, Nextech, ATHOS and Carbyne. "ITM is a leading radiopharmaceutical company with an advanced proprietary pipeline and has established itself as the major radioisotope supplier globally. This financing supports our objective to serve a broad patient population by ensuring a consistent supply of radionuclides and radiopharmaceuticals to meet the growing demand of medical professionals and our partners across the pharmaceutical, healthcare and research sectors globally," Udo J. Vetter, ITM Chairman of the Supervisory Board.
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