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IDT Shifts Strategy, Wins $3.4M Contracts, Targets $1M Cost Savings in FY26

12:01pm on Tuesday 21st of October, 2025 AEDT Pharmaceuticals
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IDT Shifts Strategy, Wins $3.4M Contracts, Targets $1M Cost Savings in FY26

12:01pm on Tuesday 21st of October, 2025 AEDT
Key Points
  • Strategic realignment towards higher-return core business activities
  • Annualised cost savings of approximately $1 million targeted in FY26
  • Q1FY26 revenue from three verticals up 18.2% year-on-year
  • Shift in Specialty Orals focus to radiopharmaceuticals with recent contract wins
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