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CIS bio divests radiotherapy segment to Belgian consortium

Executive Summary

Schering SAS, the French subsidiary of Schering AG, is selling the radiotherapy business of its CIS bio international (radiopharmaceuticals for diagnostic and therapeutic applications) subsidiary to a consortium formed by Belgian companies Ion Beam Applications SA (develops diagnostics, cancer therapies, and industrial services and equipment) and Institut National des Radioelements (produces radioisotopes).
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Radiopharmaceuticals, Contrast Agents
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition

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