Telix Pharmaceuticals Limited (ASX: TLX, Nasdaq: TLX, Telix, the
Company) today announces that it has received a positive decision
on the Marketing Authorization Application (MAA) for its prostate
cancer PET1 imaging agent Illuccix® (kit for the preparation of
gallium-68 gozetotide injection), which was submitted in Europe via
a decentralized procedure (DCP).
This significant milestone follows the issuance
of the Final Assessment Report from the German Competent Authority
BfArM2 as Reference Member State (RMS). Through the DCP, the RMS
and all 18 European Economic Area (EEA) Concerned Member States
(CMS)3 agree that Illuccix should receive marketing authorization.
The DCP regulatory process will now transition into an
administrative national phase to implement authorizations to
facilitate commercial launch in each country4.
Kevin Richardson, Chief Executive Officer, Telix
Precision Medicine commented, “We are delighted by this
positive outcome, setting the stage for a European commercial
launch of Illuccix. This clinically important prostate cancer
imaging modality is currently recommended in international clinical
practice guidelines including European Association of Urology (EAU)
and European Society for Medical Oncology (ESMO).”
PSMA-PET imaging5 represents a major advancement
in prostate cancer management, largely replacing conventional
imaging methods (bone scan, CT6 scan) as the standard of care after
initial diagnosis and biochemical recurrence (BCR). European
guidelines highlight the superior accuracy of PSMA-PET for the
staging of primary disease7 and evaluation of BCR/biochemical
persistence (BCP)8.
About Illuccix®
Telix’s lead imaging product, gallium-68 (68Ga)
gozetotide injection (also known as 68Ga PSMA-11 and marketed under
the brand name Illuccix®), has been approved by the U.S. Food and
Drug Administration (FDA)9, by the Australian Therapeutic Goods
Administration (TGA) 10, and by Health Canada11.
In Europe, Illuccix, after radiolabelling with
gallium-68, will be indicated for detection of PSMA-positive
lesions with PET in adults with prostate cancer (PCa) in the
following clinical settings:
- Primary staging
of patients with high-risk PCa prior to primary curative
therapy
- Suspected
recurrent PCa in patients with increasing levels of serum
prostate-specific antigen (PSA) after primary curative therapy
- Identification
of patients with PSMA-positive progressive metastatic
castration-resistant prostate cancer (mCRPC) for whom PSMA-targeted
therapy is indicated.
About Telix
Pharmaceuticals Limited
Telix is a biopharmaceutical company focused on
the development and commercialization of therapeutic and diagnostic
radiopharmaceuticals and associated medical technologies. Telix is
headquartered in Melbourne, Australia, with international
operations in the United States, Canada, Europe (Belgium and
Switzerland), and Japan. Telix is developing a portfolio of
clinical and commercial stage products that aims to address
significant unmet medical needs in oncology and rare diseases.
Telix is listed on the Australian Securities Exchange (ASX: TLX)
and the Nasdaq Global Select Market (Nasdaq: TLX).
Visit www.telixpharma.com for further
information about Telix, including details of the latest share
price, ASX and SEC filings, investor and analyst presentations,
news releases, event details and other publications that may be of
interest. You can also follow Telix on X and LinkedIn.
Telix Investor Relations
Ms. Kyahn WilliamsonTelix Pharmaceuticals
LimitedSVP Investor Relations and Corporate CommunicationsEmail:
kyahn.williamson@telixpharma.com
This announcement has been authorised for release by the Telix
Pharmaceuticals Limited Disclosure Committee on behalf of the
Board.
Legal Notices
You should read this announcement together with
our risk factors, as disclosed in our most recently filed reports
with the Australian Securities Exchange (ASX), U.S. Securities and
Exchange Commission (SEC), including our registration statement on
Form 20-F filed with the SEC, or on our website.
The information contained in this announcement
is not intended to be an offer for subscription, invitation or
recommendation with respect to securities of Telix Pharmaceuticals
Limited (Telix) in any jurisdiction, including the United States.
The information and opinions contained in this announcement are
subject to change without notification. To the maximum extent
permitted by law, Telix disclaims any obligation or undertaking to
update or revise any information or opinions contained in this
announcement, including any forward-looking statements (as referred
to below), whether as a result of new information, future
developments, a change in expectations or assumptions, or
otherwise. No representation or warranty, express or implied, is
made in relation to the accuracy or completeness of the information
contained or opinions expressed in the course of this
announcement.
This announcement may contain forward-looking
statements, including within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995, that relate to
anticipated future events, financial performance, plans, strategies
or business developments. Forward-looking statements can generally
be identified by the use of words such as “may”, “expect”,
“intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”,
“forecast” and “guidance”, or the negative of these words or other
similar terms or expressions. Forward-looking statements involve
known and unknown risks, uncertainties and other factors that may
cause our actual results, levels of activity, performance or
achievements to differ materially from any future results, levels
of activity, performance or achievements expressed or implied by
these forward-looking statements. Forward-looking statements are
based on Telix’s good-faith assumptions as to the financial,
market, regulatory and other risks and considerations that exist
and affect Telix’s business and operations in the future and there
can be no assurance that any of the assumptions will prove to be
correct. In the context of Telix’s business, forward-looking
statements may include, but are not limited to, statements about:
the initiation, timing, progress and results of Telix’s preclinical
and clinical trials, and Telix’s research and development programs;
Telix’s ability to advance product candidates into, enroll and
successfully complete, clinical studies, including multi-national
clinical trials; the timing or likelihood of regulatory filings and
approvals for Telix’s product candidates, manufacturing activities
and product marketing activities; Telix’s sales, marketing and
distribution and manufacturing capabilities and strategies; the
commercialisation of Telix’s product candidates, if or when they
have been approved; Telix’s ability to obtain an adequate supply of
raw materials at reasonable costs for its products and product
candidates; estimates of Telix’s expenses, future revenues and
capital requirements; Telix’s financial performance; developments
relating to Telix’s competitors and industry; and the pricing and
reimbursement of Telix’s product candidates, if and after they have
been approved. Telix’s actual results, performance or achievements
may be materially different from those which may be expressed or
implied by such statements, and the differences may be adverse.
Accordingly, you should not place undue reliance on these
forward-looking statements.
©2025 Telix Pharmaceuticals Limited. The Telix
Pharmaceuticals® and Illuccix® names and logos are trademarks of
Telix Pharmaceuticals Limited and its affiliates – all rights
reserved.
1 Positron emission tomography.2 The German Federal Institute
for Drugs and Medical Devices (Bundesinstitut für Arzneimittel und
Medizinprodukte).3 Germany serves as the Reference Member State in
the Decentralised Procedure. The other 18 Concerned Member States
are Austria, Belgium, Cyprus, Czech Republic, Denmark, Finland,
France, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands,
Norway, Portugal, Slovakia, Spain, and Sweden.4 Regulatory approval
timeframe from EEA CMSs may vary considerably.5 Imaging of
prostate-specific membrane antigen with positron emission
tomography.6 Computed tomography.7 EAU, ESMO.8 EAU.9 Telix ASX
disclosure 20 December 2021.10 Telix ASX disclosure 2 November
2021.11 Telix ASX disclosure 14 October 2022.
Telix Pharmaceuticals (NASDAQ:TLX)
Historical Stock Chart
From Jan 2025 to Feb 2025
Telix Pharmaceuticals (NASDAQ:TLX)
Historical Stock Chart
From Feb 2024 to Feb 2025