Advanced Nuclear Medicine Ingredients (ANMI) was a Belgium-based company that developed radiopharmaceutical solutions and provided global services in the nuclear medicine field. ANMI's strategy focused on increasing patient access to highly specific theranostic radiopharmaceuticals through streamlined and cost-effective manufacturing. The company collaborated with Telix Pharmaceuticals, an Australian company developing diagnostic and therapeutic drugs based on molecularly-targeted radiation, to package Telix's therapeutic products in a form that was fast and easy to prepare in a radiopharmacy setting.
ANMI played a crucial role in Telix's prostate cancer therapy program by providing the 68Ga-PSMA kit, a companion diagnostic for Telix's prostate therapy. The 68Ga-PSMA kit, based on the HBED-CC-PSMA-11 small molecule that targets and binds to PSMA (Prostate-Specific Membrane Antigen), enabled imaging of metastatic prostate cancer using positron emission tomography (PET).
In November 2018, Telix Pharmaceuticals acquired ANMI in a deal valuing the latter at over EUR 5.15 million (USD 8.07 million). The acquisition gave Telix access to the rapidly growing demand for the 68Ga-PSMA kit for prostate imaging outside the US. By aligning the US and Europe activities more closely, Telix aimed to achieve time and cost efficiencies.
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