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News  ›  GlobeNewswire Inc.

Lantheus Announces Closing of SPECT Business Sale to SHINE Technologies

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Lantheus Announces Closing of SPECT Business Sale to SHINE Technologies

Lantheus Holdings has completed the sale of its SPECT diagnostic business to SHINE Technologies, a subsidiary of Illuminated Holdings. The transaction includes diagnostic agents like TechneLite, NEUROLITE, and Cardiolite, along with manufacturing facilities in Massachusetts and Canadian operations. Following the divestiture, Lantheus will focus on its PET radiodiagnostics and microbubbles portfolio.

Insights
WFCpD   neutral

Mentioned only as a conference host with no specific performance details


LNTH   positive

The company successfully completed a strategic divestiture of its SPECT business, allowing it to focus on higher-growth areas like PET radiodiagnostics and microbubbles. This represents a strategic repositioning toward more innovative product lines and demonstrates execution on planned business transformation.