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Thursday, August 3, 2023

Lantheus to Sell RELISTOR® Royalties to HealthCare Royalty

 Agreement enhances Lantheus’ strong liquidity position and supports continued pipeline advancement and commercial readiness

 Lantheus Holdings, Inc. (“Lantheus” or the “Company”) (NASDAQ: LNTH), a company committed to improving patient outcomes through diagnostics, radiotherapeutics and artificial intelligence solutions that enable clinicians to Find, Fight and Follow disease, today announced the divestiture of its RELISTOR (methylnaltrexone bromide) net sales royalties. The sale of this non-core asset strategically aligns with Lantheus’ long-term vision and growth strategy, allowing the Company to enhance its focus on the core radiopharmaceutical business and fuel further investment in this growing field. HealthCare Royalty (“HCRx”) has acquired the tiered, sales-based royalty rights on worldwide net sales of RELISTOR while Lantheus retains the rights to future sales-based milestone payments.

https://finance.yahoo.com/news/lantheus-announces-agreement-sell-relistor-111000726.html

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