French firm to take over GE's FDG-PET business in Italy

French radiopharmaceutical provider Advanced Accelerator Applications (AAA) has signed an agreement with GE Healthcare to acquire its Italian FDG-PET imaging agent business.

The acquisition includes a license for AAA to market GE's SteriPET imaging agent in Italy. AAA said the deal will enable the company to broaden its presence in the Italian PET market and add to its existing production capacity and portfolio. The firm currently has 13 PET production facilities in France, Germany, Italy, Poland, Portugal, and Spain.

Terms of the deal were not disclosed.

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