Loading…
Novartis AG completed its acquisition of Endocyte Inc. for $24 per share in cash, totaling approximately $2 billion. The deal was originally announced on October 17, 2018.
Endocyte and ITM subsidiary ITG signed a long-term global supply agreement for no-carrier-added Lutetium-177 (EndolucinBeta) to support clinical and commercial supply of 177Lu-PSMA-617 through 2035. Endocyte will pay €5 million upfront to support ITM's expansion of manufacturing capacity.