M&A
confidence high
sentiment positive
materiality 0.90
Lantheus to Acquire Life Molecular Imaging for $350M Upfront with Potential $400M Earnout
Lantheus Holdings, Inc.
- Upfront cash payment of $350M for Life Molecular Imaging, with up to $400M in potential earnout and milestone payments.
- Acquisition adds Neuraceq (florbetaben F18), an FDA-approved PET imaging agent for Alzheimer's disease diagnosis.
- Lantheus will assume up to $30M in seller's retained contingent liabilities under certain contractual arrangements.
- Transaction expected to close in H2 2025, subject to Life Healthcare shareholder vote, antitrust clearances, and SA Reserve Bank approval.
- Lantheus expects the deal to be accretive to adjusted EPS within 12 months of closing.