Telix Pharmaceuticals Acquires QSAM Biosciences

February 8, 2024

Telix Pharmaceuticals Limited has entered into an agreement to acquire QSAM Biosciences, Inc., adding QSAM's lead radiopharmaceutical candidate 153Sm-DOTMP (Samarium-153-DOTMP) to Telix's therapeutic pipeline. The asset expands Telix's oncology focus into bone-targeting radiopharmaceuticals with potential applications in pain management of bone metastases and osteosarcoma (including pediatric indications).

Buyers
Telix Pharmaceuticals Limited
Targets
QSAM Biosciences, Inc.
Sellers
Checkmate Capital Group LLC, Strategic Planning Assets Limited
Industry
Biotechnology
Location
United States
Transaction Type
Buyout

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