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TLX
Telix Pharmaceuticals Limited
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Telix Pharmaceuticals announced that David Gill has been appointed as Chair of the Board, effective immediately. Gill, who joined as a Non-Executive Director in May 2026, brings over 35 years of life sciences executive experience, including expertise in radiopharmaceuticals, capital markets, and corporate strategy. He succeeds Dr. Mark Nelson, who served as interim Chair and will remain as a Non-Executive Director.
The appointment of an experienced life sciences executive with deep expertise in radiopharmaceuticals, capital markets, and scaling businesses signals strong governance and strategic positioning. The planned succession demonstrates effective board management and continuity, which is viewed positively by investors as it suggests stability and experienced leadership during a growth phase.
Telix Pharmaceuticals announced it will release its half-year financial results for June 30, 2026 on August 20, 2026, with an accompanying investor webcast and conference call. The company reported Q2 2026 revenue of US$247M with strong commercial momentum and pipeline progress across its radiopharmaceutical portfolio.
TLXradiopharmaceuticaltheranosticsprostate cancer imagingIlluccixGozellixfinancial resultsinvestor webcast
Sentiment note
The company reported strong Q2 2026 revenue of US$247M with positive momentum in commercial operations and pipeline progress. The announcement of financial results release and investor engagement activities, combined with successful peer-reviewed publication of clinical trial results (ProstACT SELECT), indicates positive business trajectory and investor confidence.
TLX591-Tx ProstACT SELECT Study Published in Cancers Journal
Telix Pharmaceuticals announced publication of ProstACT SELECT Phase 1 study results in peer-reviewed journal Cancers, demonstrating that 68Ga-PSMA-PET imaging can reliably identify patients suitable for TLX591-Tx therapy. The study showed TLX591-Tx achieved a median radiographic progression-free survival of 8.8 months with a manageable safety profile in advanced metastatic prostate cancer patients, supporting the ongoing Phase 3 ProstACT Global trial.
Publication of peer-reviewed Phase 1 results validates the company's theranostic approach and demonstrates clinical differentiation of lead candidate TLX591-Tx with manageable safety profile and indicative efficacy. Results support advancement to Phase 3 trial and strengthen scientific foundation for the therapeutic candidate in an area of significant unmet medical need.
PositiveGlobeNewswire Inc.• Na
Telix Q2 Revenue US$247M, Strong Momentum and Pipeline Progress
Telix Pharmaceuticals reported Q2 2026 group revenue of US$247 million (up 7% QoQ, 21% YoY) with Precision Medicine revenue reaching US$202 million (up 30% YoY). The company achieved key regulatory milestones including FDA alignment on TLX591-Tx Phase 3 trial progression and near-completion of BiPASS patient enrollment. FY 2026 revenue guidance remains on track to exceed US$1 billion. Telix also entered a strategic collaboration with Regeneron and completed a convertible bond refinancing.
REGNTLXradiopharmaceuticalprostate cancer imagingPSMA imagingclinical trialsFDA approvalrevenue growth
Sentiment note
Strong quarter-over-quarter and year-over-year revenue growth (7% QoQ, 21% YoY), successful FDA regulatory alignment for lead therapeutic candidate TLX591-Tx enabling Phase 3 Part 2 progression, near-completion of BiPASS patient enrollment, strategic partnership with Regeneron providing US$40 million upfront payment, successful refinancing extending debt maturities, and FY 2026 revenue tracking at upper end of guidance (exceeding US$1 billion). Multiple clinical milestones achieved across therapeutics pipeline.
PositiveGlobeNewswire Inc.• Telix Pharmaceuticals
FDA Alignment to Advance ProstACT Global Phase 3 Trial
Telix Pharmaceuticals announced successful alignment with the FDA on the Part 2 protocol design of its ProstACT Global Phase 3 trial for TLX591-Tx in metastatic castration resistant prostate cancer. The FDA confirmed that Part 1 safety data is sufficient to progress Part 2 into the U.S., where the therapeutic candidate will be tested in combination with three standard-of-care therapies. The company plans to submit an IND amendment to initiate Part 2 enrollment in the U.S.
The company achieved successful FDA alignment on a critical Phase 3 trial protocol, enabling progression into the U.S. market. This represents a significant regulatory milestone that de-risks the development program and supports advancement toward potential commercialization. The differentiated safety profile (minimal kidney and salivary toxicity) compared to competitors strengthens the competitive positioning.
Telix Educational Webinar: Neuro-Oncology Portfolio Update and Physician Perspectives on Future Therapeutic Directions
Telix Pharmaceuticals announced an educational webinar scheduled for June 29-30, 2026, featuring clinical updates on neuro-oncology and theranostics approaches to address unmet needs in glioma and glioblastoma treatment. The webinar will include presentations from Telix's Chief Medical Officer and fireside chats with leading nuclear medicine and neuro-oncology physicians from European institutions.
TLXneuro-oncologyglioblastomatheranosticsradiopharmaceuticalsclinical updatewebinarprecision medicine
Sentiment note
Telix is hosting an educational webinar to showcase its neuro-oncology portfolio and engage with leading physicians, demonstrating active advancement in its therapeutic pipeline and commitment to addressing unmet medical needs in oncology. The company is positioning itself as a thought leader in radiopharmaceuticals and theranostics.
Over 200 companies are advancing 220+ pipeline glioblastoma drugs across various clinical development stages. The pipeline is shifting from conventional chemotherapy toward targeted therapy, immunotherapy, and epigenetic approaches. Key candidates include Kazia Therapeutics' Paxalisib (Phase III), BPG Bio's BPM31510, and immunotherapy programs from Inovio Pharmaceuticals. Recent developments include Telix's first radiopharmaceutical therapy entering Phase III trials and multiple clinical collaborations announced in early 2026.
TLX101-Tx marked the first radiopharmaceutical therapy to enter Phase III development for glioblastoma in April 2026, representing a significant milestone and innovation in the field.
PositiveGlobeNewswire Inc.• Delveinsight
Metastatic Prostate Cancer Market Set for Robust Growth Through 2036, Driven by The Emergence of PARP Inhibitors and PSMA-targeted Radioligand Therapies | DelveInsight
The metastatic prostate cancer market is projected to experience robust growth through 2036, valued at USD 11.5 billion in 2025 across seven major markets. The market is transitioning from conventional androgen deprivation therapy toward combination-based, biomarker-driven approaches, with novel therapies such as PSMA-targeted radioligand therapies and PARP inhibitors reshaping the treatment paradigm. Key emerging drugs include 225Ac-PSMA-617, 177Lu-DOTA-rosopatamab, and cabozantinib, with multiple pharmaceutical companies advancing innovative treatments in clinical trials.
Developing 177Lu-DOTA-rosopatamab (TLX591), a leading radioligand antibody-drug conjugate in Phase III ProstACT Global trial with interim results expected soon.
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.
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