Telix Pharmaceuticals Ltd Ordinary Shares
TLX: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^N$ | LOCK|cv | LOCK|JnJ!!d |
Telix Pharmaceuticals: Paying Up for Vertical Integration and Horizontal Expansion
Telix has agreed to purchase ITM Isotope Technologies, the leading supplier of therapeutic radioisotope lutetium-177, with expansions of two other isotopes in the pipeline. Total consideration is USD 1.65 billion, with 76% in Telix shares priced at USD 11.84 per share, or AUD 16.68.
