Positive clinical data for Telix Pharmaceuticals

Company News

by Katrina Bullock

Telix Pharmaceuticals (ASX:TLX) has been working on prostate therapy TLX591 which is underpinned by clinical data obtained by researchers at Weill Cornell Medical College and collaborators.

Phase two of the data demonstrates that low, repeated doses, significantly reduce hematologic toxicity while delivering an anti-tumour response and survival benefit to men with advanced castrate-resistant metastatic prostate cancer.

The side effect profile is significantly improved through low dose, repeat dosing with the most significant adverse event being white blood cell reduction and low platelet count.

The company says 'this is a significantly more robust treatment response than reported by competitive therapeutic approaches targeting prostate-specific membrane antigen'.

Shares in Telix Pharmaceuticals (ASX:TLX) are trading 4.52 per cent higher at 93 cents.

Katrina Bullock

Finance News Network
Katrina joined FNN in 2018. She holds a Bachelor of Laws (Honours first class), a Bachelor of Business (Distinction) and is currently undertaking a PhD in Law focused on stock exchange disclosures and corporate governance. She previously worked as a corporate lawyer in an Australian top tier commercial law firm and is currently the General Counsel for Greenpeace Australia Pacific.