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Ion Beam Applications Buys Radiopharmaceutical Synthesizer Producer ORA

MT Newswires·12/19/2025 02:04:16
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02:04 AM EST, 12/19/2025 (MT Newswires) -- Ion Beam Applications (IBAB.BR), or IBA, acquired Belgium-based radiopharmaceutical synthesizer manufacturer ORA on a cash- and debt-free basis. The particle accelerator technology company said Friday it funded the deal consideration of between 15 million euros and 20 million euros using cash on hand and existing credit facilities. IBA noted the purchase will not impact its full-year financial guidance.