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AstraZeneca to Acquire Fusion Pharmaceuticals in Potential $2.4B Deal

Gains Fusion’s pipeline of radioconjugates (RCs), R&D expertise, manufacturing, and supply chain capabilities in actinium-based RCs.

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By: Kristin Brooks

Managing Editor, Contract Pharma

AstraZeneca has entered into a definitive agreement to acquire Fusion Pharmaceuticals Inc., a clinical-stage biopharmaceutical company developing next-generation radioconjugates (RCs), in a transaction valued at approximately $2.4 billion. The acquisition is part of AstraZeneca’s goal to deliver cancer treatments that replace traditional regimens like chemotherapy and radiotherapy with more targeted treatments. RCs have emerged as a promising modality in cancer treatment. These medicines del...

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