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TLX
Telix Pharmaceuticals Limited
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ProstACT Global Phase 3 (Part 1) Data Presented in Late-Breaking Oral Session at ASCO 2026
Telix Pharmaceuticals announced positive Phase 3 Part 1 data for TLX591-Tx, a lutetium radio antibody-drug conjugate for metastatic castration-resistant prostate cancer. The study of 36 patients showed acceptable safety and tolerability when combined with standard-of-care therapies, with no new safety signals. Radiation exposure remained below established safety limits, and the company has initiated Part 2 randomized expansion in multiple jurisdictions.
TLXTLX591-Txlutetium radio antibody-drug conjugatemCRPCPhase 3 trialProstACT GlobalPSMA-targeted therapyradiopharmaceuticals
Sentiment note
The company announced successful Phase 3 Part 1 safety data with acceptable tolerability, no new safety signals, and successful completion of dosimetry studies. All 36 patients completed both doses per protocol, and the company is progressing to Part 2 expansion in multiple jurisdictions, demonstrating clinical and regulatory progress for a lead oncology candidate.
IPAX-2 Study of TLX101-Tx in First-line Glioblastoma Completes Enrolment and Confirms Dosing
Telix Pharmaceuticals announced completion of patient enrolment in the IPAX-2 Phase 1 study of TLX101-Tx (¹³¹I-iodofalan) for newly diagnosed glioblastoma. The study reached its maximum dose of 10GBq with no dose-limiting toxicities observed. The company is also advancing the pivotal IPAX BrIGHT Phase 3 trial for recurrent glioblastoma, marking the first radiopharmaceutical therapy to enter Phase 3 development for this indication.
Successful completion of IPAX-2 enrolment with no dose-limiting toxicities is a significant positive milestone. The advancement to Phase 3 trials (IPAX BrIGHT) for a first-in-class radiopharmaceutical therapy in glioblastoma represents strong clinical progress and validates the therapeutic approach. Previous trial data showing median OS of 13-23 months supports continued development.
PositiveBenzinga• Vandana Singh
Why Is Regeneron Stock Sinking Monday?
Regeneron Pharmaceuticals' stock dropped 10.20% in premarket trading after its Phase 3 melanoma trial failed to meet its primary endpoint. While the high-dose fianlimab combination showed numerically higher progression-free survival (11.5 months vs 6.4 months), it missed statistical significance with a p-value of 0.0627. The company also announced a partnership with Telix Pharmaceuticals to develop radiopharmaceutical therapies.
Telix announced a significant partnership with Regeneron in April to develop next-generation radiopharmaceutical therapies, which enhances its market position in precision oncology and allows cost and profit sharing with a major pharmaceutical partner.
New Publication Demonstrates TLX250-Px (Zircaix®) Potential in Diagnosing Kidney Cancers Beyond ccRCC
Telix Pharmaceuticals announced publication of Phase 3 ZIRCON trial data showing that TLX250-Px PET/CT imaging may be effective in diagnosing not only clear cell renal cell carcinoma (ccRCC) but also non-clear cell renal cell carcinoma (nccRCC), with a 98% positive predictive value for malignancy. The exploratory analysis suggests broader clinical applications beyond the original ccRCC focus, potentially aiding in risk stratification and treatment decisions for renal cancer patients.
TLXTLX250-PxZircaixkidney cancer diagnosisrenal cell carcinomaPET/CT imagingZIRCON trialCAIX expression
Sentiment note
Publication of favorable Phase 3 trial data in a peer-reviewed journal (European Urology) demonstrating expanded clinical utility of TLX250-Px beyond its original indication. The high positive predictive value (98%) and potential to reduce unnecessary biopsies and overtreatment represent significant clinical and commercial advantages. The findings support continued development and potential broader market applications.
Telix Pharmaceuticals announced that its marketing authorization application (MAA) for TLX101-Px, a PET imaging candidate for glioma (brain cancer), has been validated and accepted for review in Europe. The application has entered a 210-day active assessment phase, with national marketing authorizations expected to follow a positive outcome. The product addresses a critical unmet need in Europe where no commercial FET-PET imaging product currently exists for glioma diagnosis and treatment monitoring.
The company achieved a significant regulatory milestone with European MAA validation and acceptance for review of TLX101-Px. The 210-day assessment phase represents progress toward commercialization in a major market with an unmet clinical need. The product addresses a critical gap in glioma imaging, and parallel development of complementary therapy candidate TLX101-Tx strengthens the overall pipeline value proposition.
OPTIMAL-PSMA Trial of TLX597-Tx Next Generation RLT Presented at IPCS 2026 Highlighting Therapeutic Potential in Prostate Cancer
Telix Pharmaceuticals announced dosimetry results from the Phase 2 OPTIMAL-PSMA trial of TLX597-Tx, a PSMA-targeting radioligand therapy for metastatic castration-resistant prostate cancer. The trial demonstrated low salivary gland and kidney uptake, supporting dose intensification and improved tolerability. Telix is initiating OPTIMAL-E, a Phase 2 study in earlier-stage metastatic hormone-sensitive prostate cancer, as part of its portfolio approach alongside TLX591-Tx.
Positive clinical trial results showing favorable dosimetry profile with reduced toxicity to healthy organs, supporting dose intensification strategy. Expansion into earlier-stage disease with new OPTIMAL-E trial demonstrates pipeline progress and therapeutic potential. Company advancing two complementary PSMA-targeting therapies with differentiated approaches.
Educational Webinar: Unlocking the Potential of PSMA Therapy, A Next‑Generation Portfolio Approach
Telix Pharmaceuticals announced an educational webinar scheduled for April 30, 2026 (AEST) featuring Dr. David N. Cade and Professor Louise Emmett discussing the evolution of PSMA-targeted radionuclide therapy and Telix's multi-product approach to prostate cancer treatment. The webinar will showcase data from the OPTIMAL-PSMA2 trial of TLX597-Tx (177Lu-DOTA-PSMA), Telix's novel second-generation small molecule candidate for lutetium therapy.
Telix is advancing its PSMA-targeted radionuclide therapy pipeline with educational initiatives and clinical trial data presentations. The company is showcasing progress on TLX597-Tx development and demonstrating commitment to addressing unmet medical needs in oncology, which indicates positive momentum in their drug development programs.
PositiveBenzinga• Vandana Singh
Telix Pharma Gains As Regeneron Tie-Up Targets Solid Tumor Programs
Telix Pharmaceuticals and Regeneron Pharmaceuticals announced a collaboration to develop next-generation radiopharmaceutical therapies for solid tumors. Telix will receive $40 million upfront plus up to $2.1 billion in milestone payments and royalties. The partnership combines Telix's radiopharmaceutical platform with Regeneron's biologics expertise. Telix also reported Q1 revenue of $230 million (up 11% sequentially) and reaffirmed its 2026 guidance of $950-970 million. Additionally, the FDA accepted Telix's resubmitted application for Pixclara for brain cancer imaging.
Stock up 5.79% in premarket trading. Company secured significant partnership with major pharma player (Regeneron) providing $40M upfront and up to $2.1B in milestones. Q1 revenue growth of 11% sequentially, reaffirmed full-year guidance, FDA acceptance of Pixclara application, and Phase 3 study meeting primary endpoints all support positive momentum.
The FDA has accepted Telix Pharmaceuticals' resubmitted New Drug Application for TLX101-Px1 (Pixclara), a PET imaging agent for glioma characterization, with a PDUFA goal date of September 11, 2026. The drug has received Orphan Drug and Fast Track designations and addresses a significant unmet medical need in distinguishing tumor progression from treatment-related changes in brain cancer patients.
TLXFDA approvalTLX101-Px1glioma imagingPET imagingbrain cancerradiopharmaceuticalsorphan drug
Sentiment note
FDA acceptance of NDA resubmission is a significant regulatory milestone. The September 2026 PDUFA goal date provides a clear path toward potential approval. The drug addresses an unmet medical need in glioma imaging with strong clinical support from leading institutions and international guideline recommendations. Orphan Drug and Fast Track designations expedite the review process, improving approval prospects.
Telix Strengthens Board with Additional Director Appointments
Telix Pharmaceuticals announced the appointment of two experienced Non-Executive Directors effective May 11, 2026: Maria Rivas, MD, a former Pfizer Chief Medical Officer with 25+ years in pharmaceutical development, and William Jellison, a corporate finance leader with 30+ years experience and current board positions at Medtronic and other major companies. The appointments are part of the company's board expansion and succession planning as it evolves into a dual-listed, global, commercial-stage biopharmaceutical company.
The appointment of highly experienced executives from major pharmaceutical and medical device companies (Pfizer, Stryker, Medtronic) to the board strengthens governance and oversight capabilities. This signals confidence in the company's growth trajectory and commercial-stage development, and demonstrates strategic board building for a dual-listed global company.
Q1 2026: Strong Revenue Growth and Therapeutics Pipeline Advancement
Telix Pharmaceuticals reported Q1 2026 unaudited group revenue of US$230 million, up 11% quarter-over-quarter, with Precision Medicine revenue reaching US$186 million (up 16% QoQ). The company reaffirmed FY 2026 revenue guidance of US$950-970 million. Key highlights include successful completion of Part 1 of the ProstACT Global Phase 3 study for TLX591-Tx prostate cancer therapy, NDA resubmission for TLX101-Px brain cancer imaging candidate, and MAA filing in Europe. The company also announced the appointment of David Gill as Non-Executive Director.
TLXradiopharmaceuticalsoncologyPSMA imagingprostate cancer therapybrain cancer imagingclinical trialsFDA approval
Sentiment note
Strong quarter-over-quarter revenue growth (11% group, 16% Precision Medicine), successful clinical trial outcomes with no new safety signals, multiple regulatory submissions progressing (NDA resubmission, MAA filing, NMPA acceptance), reaffirmed full-year guidance, and expanding global commercial footprint with Illuccix now in 21 countries. Leadership transition with experienced board appointment also signals confidence.
Telix Appoints David Gill as Non-Executive Director
Telix Pharmaceuticals announced the appointment of David Gill as Non-Executive Director effective May 11, 2026, with plans to appoint him as Chair succeeding Dr. Mark Nelson. Gill brings over 35 years of life sciences executive experience, including CFO and President roles at multiple publicly traded companies, and expertise in capital markets, business scaling, and governance.
The appointment of an experienced executive with strong financial expertise and capital markets knowledge to lead the board is viewed positively as it strengthens governance and supports the company's growth trajectory as a dual-listed biopharmaceutical company. This represents proactive succession planning and board strengthening.
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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