M&A
confidence high
sentiment positive
materiality 0.85
Lantheus to acquire Evergreen Theragnostics for $250M upfront plus up to $752.5M in milestones
Lantheus Holdings, Inc.
- Upfront cash consideration $250M; potential milestone payments up to $752.5M based on OCTEVY and pipeline products.
- Evergreen adds radiopharmaceutical CDMO manufacturing infrastructure and registrational-stage NET diagnostic OCTEVY.
- Transaction expected to close in second half of 2025, subject to regulatory clearances and customary conditions.
- Lantheus reaffirms FY2024 revenue guidance of $1.51B-$1.52B and adjusted EPS of $6.65-$6.70.