Telix Pharmaceuticals Ltd. ( (AU:TLX) ) has issued an update.
Telix Pharmaceuticals has received approval from Brazil’s ANVISA for its prostate cancer imaging agent, Illuccix®, marking its first marketing authorization in Latin America. This approval, in partnership with R2PHARMA, allows Telix to expand its presence in the rapidly growing Brazilian radiopharmaceutical market, addressing the significant demand for advanced cancer imaging solutions. The joint venture with R2PHARMA aims to further commercialize Telix’s products in Brazil, leveraging local expertise to enhance access to innovative diagnostic and therapeutic radiopharmaceuticals.
More about Telix Pharmaceuticals Ltd.
Telix Pharmaceuticals Ltd. operates in the biotechnology industry, focusing on the development of diagnostic and therapeutic radiopharmaceuticals. The company’s primary product, Illuccix®, is a prostate cancer imaging agent that utilizes PSMA-PET technology. Telix is expanding its market presence with a focus on innovative theranostic solutions for cancer treatment.
YTD Price Performance: 25.39%
Average Trading Volume: 4,712
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.81B
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