Telix buys ITM Isotope Technologies for up to $2.35B after FDA rejection

Plus: HCA Healthcare completes acquisition of 8,000-student health training college. The day's rules, money, and enforcement, sourced and tiered below.

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Plus: HCA Healthcare completes acquisition of 8,000-student health training college. The day's rules, money, and enforcement, sourced and tiered below.

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The Ledger Monday, September 21, 2026
Telix buys ITM Isotope Technologies for up to $2.35B after FDA rejection
Plus: HCA Healthcare completes acquisition of 8,000-student health training college. The day's rules, money, and enforcement, sourced and tiered below.
Record
Telix Pharmaceuticals, a cancer radiopharmaceutical maker, is paying up to $2.35 billion for ITM, the isotope supplier whose lead cancer drug the FDA rejected six weeks ago over manufacturing, not the science.
The deal is $1.65B upfront plus up to $700M in milestones. Telix shares fell as much as 12% as investors weighed new-share dilution against locking in ITM's isotope supply chain.
Record
HCA Healthcare, the largest for-profit hospital operator in the US, just became the owner of an 8,000-student healthcare training school instead of competing for scarce clinical staff.
HCA closed its acquisition of The College of Health Care Professions Sept 15, a deal first agreed in May. Terms undisclosed. HCA already runs 3 nursing colleges and 365+ GME programs.
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714
Records
$38.5B
Enforcement
32
Deadlines
186
Rules
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