Siemens to purchase Novartis' molecular imaging business for $224M

AuntMinnie.com staff writers
Aug 26, 2024

Siemens Healthineers has offered Novartis more than 200 million euros ($224 million U.S.) for the diagnostic arm of its Advanced Accelerator Applications molecular imaging business for F-18 fluciclovine PET exams, Reuters has reported.

Novartis bought Advanced Accelerator Applications for $3.9 billion in 2017, according to Reuters.

The Siemens/Novartis deal will close in the fourth quarter, the outlet said.

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