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Eli Lilly and Company announced a definitive agreement to acquire POINT Biopharma, a radiopharmaceutical company with a pipeline of radioligand therapies for cancer. The acquisition includes POINT's manufacturing campus in Indianapolis and R&D center in Toronto.
ITM Isotope Technologies Munich SE and POINT Biopharma Global Inc. expanded their global supply agreements for non-carrier-added lutetium-177 (n.c.a. 177Lu) to support POINT's clinical and commercial development. Financial details were not disclosed.