M&A
confidence high
sentiment neutral
materiality 0.60
Lantheus to sell CDMO business and Springfield, NJ plant to PharmaLogic; signs Lu-177 dotatate supply deal
Lantheus Holdings, Inc.
- Definitive agreement dated Nov. 8, 2026 to sell Lantheus's contract development and manufacturing organization (CDMO) business and its Springfield, New Jersey facility to PharmaLogic Holdings Corp.
- No purchase price or other financial terms disclosed; closing is subject to customary closing conditions and regulatory approvals.
- Under a long-term supply agreement, PharmaLogic's therapeutic CDMO franchise Agilera will manufacture lutetium Lu 177 dotatate for Lantheus.
- Lantheus will provide certain transition services to PharmaLogic immediately after closing.
- Company flags risks that conditions may not be satisfied and that anticipated benefits may take longer to realize or involve unexpected costs.