California’s property insurance crisis is expanding beyond the mountainous and heavily wooded communities traditionally considered most vulnerable to wildfires, leaving homeowners in relatively low-risk suburban neighborhoods struggling to obtain conventional coverage. An analysis of insurance data found that major insurers are increasingly declining to write policies across large portions of...
Telix Makes $2.35 Billion Bet on ITM to Build a Global Powerhouse in Cancer Radiopharmaceuticals
Telix Pharmaceuticals has agreed to merge with Germany’s ITM Isotope Technologies Munich in a transaction potentially worth $2.35 billion, a major expansion designed to strengthen Telix’s position in the rapidly growing market for radioactive medicines used to diagnose and treat cancer. The combination brings together two complementary businesses. Australia-based Telix...