Fairness opinionsDiagnostics / Life Sciences2026

Lantheus acquired by Curium: fairness opinion

Announced July 27, 2026 · Merger · DEFM14A filed September 8, 2026
Diagnostics / Life Sciences Diagnostic Tools Filing detail pending
Enterprise value
$7.0B
EV / LTM EBITDA
14.1x
EBITDA $497M · 32% margin
EV / LTM revenue
4.54x
revenue $1.5B
DCF discount rate
8.8%–10.7%

Deal terms

Consideration
Price per share
Premium
Premium basis
StructureMerger
Termination fee
Reverse termination fee
Go-shopNone
Outside date
3,000+ healthcare deal-level valuation multiples
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Management projections

Projection yearYear 1Year 2Year 3Year 4Year 5CAGR
Revenue$1.5B$1.6B$1.8B$2.0B$2.0B7.5%
Revenue growth-1.9%7.1%11.5%8.1%3.2%
EBITDA
EBITDA growth
EBITDA margin
Implied EV / EBITDA

Year-1 growth is against LTM at announcement ($1.5B revenue, $497M EBITDA); later years are year over year.

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