POINT and Lantheus agree licensing deal for novel radiopharmaceuticals

14 November 2022

Radiopharmaceuticals company POINT Biopharma (Nasdaq: PNT) has inked a deal with diagnostics specialist Lantheus Holdings (Nasdaq: LNTH), giving the latter exclusive worldwide rights to POINT’s candidates PNT2002 and PNT2003.

Lantheus has agreed to pay a total of $260 million right away, with the potential for additional milestone payments of approximately $1.8 billion on the line.

These further payments are based on US Food and Drug Administration approval as well as net sales and commercial milestones.

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