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Telix to acquire Lightpoint Medical and its radio-guided surgery business

DateJune 22, 2023
CategoriesCohort News
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Lightpoint’s surgical guidance AI capabilities will complement Telix’s AI programme.

Australia-based Telix Pharmaceuticals has signed an agreement to acquire UK-based Lightpoint Medical along with its SENSEI radio-guided surgery business.

The purchase price consists of an upfront equity payment of A$29m ($20m) and a further earn-out payment of A$22m ($15m) in cash or equity, after attaining certain milestones linked to the ongoing development and commercialisation of the SENSEI probe.

Designed for intracavitary use, SENSEI is an ultra-miniature robotic gamma probe that facilitates intra-operative cancer detection in real time to offer radiopharmaceutical-based surgical guidance (radio-guided surgery).

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