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New Deal


Announced

Nordic Nanovector to acquire Thor Medical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Single Bidder

Norway

radionuclides manufacturer

Medical Services

Pending

Majority

Domestic

Friendly

Synopsis

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Nordic Nanovector, a biotechnology company, agreed to acquire Thor Medical, a manufacturer of radionuclides. Financial terms were not disclosed. "Given the complementary focus and expertise in our two companies, the Nordic Nanovector Board and I believe the proposed acquisition of Thor Medical represents a compelling option for Nordic Nanovector and its shareholders. There is increasing interest in the development of radionuclide-based anti-cancer therapies, and the combined company will have a significant opportunity to address this growing market," Ludvik Sandnes, Nordic Nanovector Interim CEO & CFO.

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