Telix Pharmaceuticals (ASX:TLX) - CEO, Dr Christian Behrenbruch
CEO, Dr Christian Behrenbruch
Source: Telix Pharmaceuticals/Twitter
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Telix Pharmaceuticals (TLX) has been granted authorisation for Illuccix, the company’s lead prostate cancer imaging product
  • Illuccix, a PET imaging agent, targets a prostate specific membrane antigen which appears on more than 90 per cent of primary and metastatic prostate cancer cells
  • The granted use comes from Brazilian health regulatory agency, Anvisa and will allow Telix to start sales as early as next year
  • The authorisation has been passed on to Telix’s partner, Grupo RPH, Brazil’s leading cold kit plant and radiopharmacy network
  • Company shares are in the red by 2.88 per cent at $6.41

Telix Pharmaceuticals (TLX) has been granted authorisation for Illuccix, the company’s lead prostate cancer imaging product.

Illuccix is a PET imaging agent which targets a prostate specific membrane antigen, a protein which is overexpressed on the surface of more than 90 per cent of primary and metastatic prostate cancer cells.

The granted use comes from Brazilian health regulatory agency, Anvisa, and will allow Telix to start sales as early as next year.

The authorisation has been passed on to Telix’s partner, Grupo RPH, Brazil’s leading cold kit plant and radio pharmacy network.

The Anvisa approval highlights wide-spread clinical access to modern prostate cancer imaging for all men across Brazil.

Telix CEO and managing director, Dr Christian Behrenbruch, says prostate cancer has a huge impact across Brazil.

“Prostate cancer is the most commonly diagnosed male cancer in Brazil, with approximately 65,840 new cases each year. PSMA-PET imaging has the potential to have a profound impact on the management of prostate cancer, enabling clinicians to detect prostate cancer right throughout the body,” he said.

Grupo RPH Nuclear Medicine and Innovation Vice-President, Rafael Madke, also commented.

“We are very pleased to have received this exceptional authorisation for Illuccix in Brazil, which is only given in select circumstances, and we look forward to playing an important role in transforming outcomes for men with prostate cancer.”

Telix Pharmaceuticals shares are 2.88 per cent in the red at $6.41 at 2:50 pm AEDT.

TLX by the numbers
More From The Market Online
The Market Online Video

Webinar: What investors should know about what it takes for ASX-listed companies to get medical developments to market

Pharmaceutical companies can bring new hope to patients by delivering solutions to unmet medical needs. They…

Market Close: ASX inks 2 red days to finish off the week as sentiment stalls

There hasn’t been much change today. The market plunged and has hovered around 1.1% down ever…

Week 21 Wrap: NVIDIA’s profits are up 600% – but this time, the market didn’t really care

Not long now, and we'll be at the halfway point of the year. And while it…
The Market Online Video

Market Update: Energy the sole green sector as dull US mood sours Friday down under

The ASX is down nearly 1.10 per cent mid-session as Australian traders follow the lead of…