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Tuesday, 17 September 2024
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Why Telix pulled the pin on IPO

Posted 18 June 2024 AM

Telix Pharmaceuticals has made a last-minute decision to pull its own Nasdaq listing after being forced to offer discounts to find buyers among US investors.

The diagnostic and therapeutic radiopharmaceuticals developer is currently Australia's second largest ASX listed biotech and was hoping to raise US$200 million through the Initial Public Offering (IPO).

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