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IBA Acquires ORA: A Strategic Move in Nuclear Medicine

Louvain-La-Neuve, Belgium, 19 December 2025
IBA (Ion Beam Applications S.A., EURONEXT), recognized globally as the leader in particle accelerator technology, has taken a significant step forward by acquiring ORA, a pioneering company in the field of radiochemistry based in Belgium.

Strengthening Commitment to Nuclear Medicine

This acquisition underlines IBA’s unwavering dedication to expanding its footprint in the rapidly evolving realm of nuclear medicine. By strengthening its position at the forefront of innovation in precision oncology, IBA is set to enhance diagnostic capabilities and deliver more personalized therapies for patients. This strategic move signifies a long-term vision aimed at improving patient outcomes through cutting-edge medical technologies.

Integration of Cutting-Edge Technologies

By merging IBA’s renowned cyclotron technologies with ORA’s advanced solutions, the partnership is poised to deliver one of the most comprehensive integrated services available. Hospitals and global radiopharmacy networks seeking high productivity along with the ability to utilize advanced radioisotopes will greatly benefit from this synergy. Together, IBA and ORA are set to revolutionize the production of radiopharmaceuticals, ensuring that healthcare providers have access to the latest advancements in cancer treatment.

Expanding Existing Initiatives

Furthermore, this acquisition enhances IBA’s ongoing nuclear medicine initiatives, which include strategic collaborations like the co-founding of PanTera for the production of Ac-225, and involvement in the Accelerate.EU program. Additionally, IBA’s partnership with Framatome opens further avenues for exploring the production of At-211. By integrating these initiatives, IBA is spearheading a movement to bring innovative healthcare solutions from concept to clinical practice, ultimately benefiting patients worldwide.

Financial Considerations and Synergies

The acquisition involves a monetary commitment of approximately €15-20 million on a cash-free, debt-free basis, and is anticipated to have a positive immediate effect on IBA Technologies’ revenue and EBITDA. Expected revenue synergies will further strengthen the financial position of both entities. The acquisition has been funded through IBA’s existing resources and credit facilities, ensuring that it will not significantly impact its financial forecasts for 2025 or affect its mid-term outlook.

Expert Insights from Leadership

“Joining forces with IBA opens exciting opportunities to scale our NEPTIS® technology and accelerate innovation in radiochemistry,” stated Vincent Tadino, Founder and CEO of ORA. He emphasized that the collaboration aims to push the boundaries of PET and therapeutic radiochemistry, ensuring customers have access to the most reliable and advanced solutions available for radiopharmaceutical production.

Meanwhile, IBA RadioPharma Solutions’ President, Charles Kumps, remarked, “ORA’s acquisition accelerates our mission to deliver integrated solutions from isotope production to patient-ready therapies, making advanced cancer treatments and diagnostics more accessible worldwide.” Kumps expressed excitement about Vincent continuing to lead as CTO of ORA, aggrandizing their shared vision and expertise.

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Conclusion

The acquisition of ORA by IBA is a landmark development in the field of nuclear medicine, promising to enhance patient care through technological innovation. With an eye on the future, IBA is well-positioned to leverage its new capabilities, strengthen its market presence, and ultimately deliver better healthcare solutions globally.

About IBA

IBA (Ion Beam Applications S.A.) stands as the world’s leader in particle accelerator technology, prominently providing top-tier equipment and services in proton therapy—one of the most advanced forms of radiation therapy in existence—as well as in industrial sterilization, radiopharmaceuticals, and dosimetry. Headquartered in Louvain-la-Neuve, Belgium, IBA employs a dedicated workforce of approximately 2,100 individuals worldwide and proudly holds B Corporation certification, recognizing its commitment to high social and environmental performance standards.

About ORA Group

The Belgium-based ORA Group, which encompasses ORA (Optimized Radiochemical Applications SRL) and OOC (Out and Out Chemistry), is a recognized leader in the supply of automated PET radiopharmaceutical synthesizers. Their NEPTIS® product line represents a pinnacle of innovation in the production of sterile injectable PET drug products.

Contact Information

For more information about IBA’s recent acquisition and operations, please reach out to the relevant departments, as provided below:

This strategic acquisition not only bolsters IBA’s market position but also has significant implications for the future of healthcare innovation.

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