Telix boss says rising tensions with China are 'worrisome'
Telix Pharmaceuticals boss Christian Behrenbruch says it was "worrisome" that he had to weigh up the escalating political tensions with Beijing when penning the radiation oncology company's $450 million deal with one of China's largest pharma companies.
Telix is a late-stage biotech looking to potentially diagnose and treat various forms of prostate, kidney and brain cancer by developing radiopharmaceutical theranostics (combinations of diagnostics and therapeutics).
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