Temasek-Led €255M Investment Round in ITM Isotope Technologies Munich SE

June 5, 2023

Temasek led a €255 million equity investment round in ITM Isotope Technologies Munich SE, with participation from QIA, BlackRock Alternatives, Nextech, ATHOS and Carbyne. The proceeds (mostly primary capital with a minority secondary component) will advance ITM's targeted radionuclide therapy pipeline, support late-stage clinical development of ITM-11, and expand GMP manufacturing capacity for n.c.a. 177Lu and 225Ac while bolstering commercial infrastructure.

Buyers
Temasek, QIA, BlackRock Alternatives, Nextech, ATHOS, Carbyne
Targets
ITM Isotope Technologies Munich SE
Industry
Biotechnology
Location
Bavaria, Germany
Transaction Type
Growth capital

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