MARKET WIRE NEWS
$WIRE Coin from Market Wire News

Subscribe to Our Newsletter

FDA Approves Telix's Brain Cancer Imaging Drug Pixclara

MWN-AI** Summary

Telix Pharmaceuticals has achieved a significant milestone with the FDA's approval of Pixclara® (floretyrosine F 18), the first positron emission tomography (PET) imaging drug specifically for gliomas, a common type of brain cancer. This innovative radioactive diagnostic tool is designed to help differentiate between recurrent or progressive glioma and treatment-related changes, applicable for both adult and pediatric patients aged one month and older.

The approval addresses a critical gap in glioma diagnostics, as there has been no FDA-approved product for this indication, despite gliomas accounting for about 30% of all central nervous system cancers. In the U.S., approximately 24,000 new cases of glioma are diagnosed annually, underscoring the urgent need for effective imaging solutions. Pixclara's acceptance aligns with international clinical practice guidelines, including those set by the National Comprehensive Cancer Network (NCCN), affirming its relevance in modern medical practice.

Kevin Richardson, CEO of Telix Precision Medicine, emphasized that the approval enhances diagnostic certainty and confidence in therapeutic decision-making by providing healthcare professionals with advanced imaging capabilities. Kelly Sitkin, President and CEO of the American Brain Tumor Association, welcomed the approval, highlighting its potential to improve glioma care by complementing existing MRI techniques.

Furthermore, Pixclara is already in a Phase 3 clinical trial to explore its use for diagnosing brain metastases, indicating Telix's commitment to expanding its diagnostic portfolio. With this FDA approval, Telix strengthens its position in the growing field of precision medicine, particularly in the theranostics landscape, merging diagnostics and targeted therapies to optimize patient care across the cancer continuum.

MWN-AI** Analysis

The recent FDA approval of Telix Pharmaceuticals' Pixclara® marks a significant advancement in the diagnostics of glioma, a prevalent form of brain cancer. As the first FDA-approved FET-PET imaging drug for gliomas, it fulfills a critical unmet need in the market. The drug's approval not only enhances diagnostic capabilities for medical professionals but also positions Telix at the forefront of precision medicine—a burgeoning sector within biotechnology.

Investors should note the pivotal impact this approval may have on Telix's market valuation. With approximately 24,000 new glioma cases diagnosed annually in the U.S. alone, the potential market penetration for Pixclara is considerable. The integration of FET-PET imaging into clinical practice, supported by guidelines from authoritative bodies such as the NCCN, lends credibility and demand potential to this innovative imaging solution.

The unique characteristics of Pixclara, particularly its ability to distinguish between recurrent gliomas and treatment-related changes, could support improved patient management and outcomes. With the healthcare sector increasingly shifting towards personalized medicine, products that enhance diagnostic accuracy are primed for growth.

Moreover, Telix's broader portfolio in theranostics, combining diagnostics and therapeutics, enhances its competitive edge. The ongoing pipeline, including assets in pivotal trials for other cancers, underscores the company’s growth potential.

However, investors should remain vigilant regarding potential risks. Competition in the biotech sector is fierce, and market dynamics can shift rapidly. It’s essential to monitor clinical performance, market adoption rates, and regulatory developments surrounding Pixclara to gauge its long-term viability.

In summary, Telix presents an intriguing investment opportunity driven by its innovative products and expanding market reach. Nevertheless, due diligence and a keen eye on developments in the healthcare and regulatory landscapes are advised to navigate potential volatility in this sector.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire
  • Pixclara® is the first FDA-approved FET-PET imaging drug for glioma (brain cancer).
  • Approval addresses a significant unmet need, helping physicians to differentiate recurrent or progressive glioma from treatment-related change in adults and pediatric patients.
  • FET-PET imaging is recommended in international clinical practice guidelines, including NCCN Guidelines®.
  • Pixclara expands Telix’s industry-leading Precision Medicine business and reinforces the Company’s leadership in diagnostics and targeted radiopharmaceutical therapies (together, “theranostics”).

MELBOURNE, Australia and INDIANAPOLIS, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, “Telix”) today announces that the United States (U.S.) Food and Drug Administration (FDA) has approved its New Drug Application (NDA) for Pixclara® (floretyrosine F 18 or 18F-FET), an amino acid positron emission tomography (PET) drug for imaging gliomas (brain cancer).

Pixclara is a radioactive diagnostic drug indicated for use with positron emission tomography (PET) to differentiate recurrent or progressive glioma from treatment-related change, in conjunction with other diagnostic evaluations, in adults and pediatric patients 1 month of age and older.

PET imaging with floretyrosine F 18 (FET-PET) is recommended in international clinical practice guidelines for the imaging of gliomas, including NCCN Guidelines®1, but until now there has not been an FDA-approved product available in the U.S.

Gliomas are the most common form of central nervous system (CNS) cancer, accounting for approximately 30% of all brain and CNS tumors and 80% of all malignant brain tumors2. In the U.S., approximately 24,000 new glioma cases are diagnosed each year3, representing a significant unmet addressable need.

Kevin Richardson, Chief Executive Officer, Telix Precision Medicine, said, “FDA approval of Pixclara will enable broad access in the U.S. to FET-PET imaging, which is already recognized in international clinical practice guidelines. As the first FDA-approved PET imaging drug for glioma, Pixclara will provide physicians in the U.S. with more certainty in their diagnoses and greater confidence in their treatment planning for patients.”

Kelly Sitkin, President and CEO, American Brain Tumor Association, said, “The approval of Pixclara will advance glioma care by enabling more precise monitoring, complementing the role of MRI. We welcome the FDA’s decision, which provides a pathway to access this technology in the U.S. and helps address a critical unmet need in brain cancer diagnostics.”

Patrick Wen, MD, E. Antonio Chiocca, MD, PhD, Family Endowed Chair in Neuro-Oncology at Mass General Brigham Cancer Institute, said, “Having an FDA-approved FET-PET product with high diagnostic accuracy will make a significant, positive difference to the management of patients with gliomas. This is a very positive step forward for brain cancer imaging and treatment planning.”

About Pixclara (floretyrosine F 18)

Pixclara® is an intravenous positron emission tomography (PET) imaging drug for the differentiation of recurrent or progressive glioma from treatment-related change, in conjunction with other diagnostic evaluations, in adults and pediatric patients 1 month of age and older. It comprises a small molecule targeting compound labeled with a diagnostic radioisotope, fluorine-18. After administration into the bloodstream, Pixclara targets membrane transport proteins known as L-type amino acid transporters 1 and 2 (LAT1 and LAT2). Once bound, energy emissions from the radioisotope can be detected by a PET scanner. Pixclara (TLX101-Px) is also the subject of a Phase 3 registrational study for potential indication expansion for the diagnosis of brain metastases4.

Pixclara is the only FDA-approved radiopharmaceutical imaging drug for glioma (brain cancer).

INDICATIONS AND USAGE 
PIXCLARA is indicated for use with positron emission tomography (PET) to differentiate recurrent or progressive glioma from treatment-related change, in conjunction with other diagnostic evaluations, in adults and pediatric patients 1 month of age and older.

IMPORTANT SAFETY INFORMATION

WARNINGS AND PRECAUTIONS
Risk for Misinterpretation
Image misinterpretation may occur with PIXCLARA PET. A negative image does not rule out the presence of recurrent or progressive glioma and a positive image does not confirm the presence of recurrent or progressive glioma. Equivocal findings may occur with PIXCLARA PET, including low-level or atypical uptake patterns, which may result in false positive or false negative interpretations.

Interpret PIXCLARA PET findings with caution and correlate results with available clinical evaluations, such as histopathology, cross-sectional imaging, and/or clinical history to support appropriate clinical decision-making.

Radiation Risks
PIXCLARA contributes to a patient’s overall long-term cumulative radiation exposure. Long-term cumulative radiation exposure is associated with an increased risk for cancer. Ensure safe drug handling to protect patients and health care providers from unintentional radiation exposure. Advise patients to hydrate before and after administration and to void frequently after administration.

ADVERSE REACTIONS
Clinical Trials Experience
Because clinical trials are conducted under widely varying conditions, adverse reaction rates observed in the clinical trials of a drug cannot be directly compared to rates in the clinical trials of another drug and may not reflect the rates observed in practice.

The safety of PIXCLARA was evaluated in 382 patients with gliomas. Among these 382 patients, 371 adult patients received at least one intravenous dose of PIXCLARA at a mean activity of 204 ± 18 MBq (5.5 ± 0.47 mCi). The remaining 11 pediatric patients received at least one intravenous dose of PIXCLARA at a mean activity of 155 ± 53.5 MBq (4.2 ± 1.4 mCi).

The mean age of the patients was 57 years (range: 5 years to 86 years). Sex was 59% male, 37% female, and 3% unreported. Distribution by race was 26% White, 6% Asian, <1% Black or African American, and 67% other or unreported. Distribution by ethnicity was 3% Hispanic/Latino, 96% non-Hispanic/Latino, and <1% unknown or unreported.

Adverse reactions that occurred in ?0.5% of patients receiving PIXCLARA were headache (0.5%).

Adverse reactions that occurred in <0.5% of patients were nausea, injection site reaction, fatigue, and malaise.

Adverse Reactions in Pediatric Patients

Overall, the safety profile observed in pediatric patients from the clinical study was consistent with the safety profile in adult patients.

Please note that this information is not comprehensive.
Please see the Full Prescribing Information at https://telixpharma.com/pixclara-uspi

You are encouraged to report suspected adverse reactions of prescription drugs to the FDA. Visit MedWatch at www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report adverse reactions to Telix Pharmaceuticals (US) by calling 1-844-455-8638 or emailing pharmacovigilance@telixpharma.com.

About Telix Pharmaceuticals Limited

Telix Pharmaceuticals (ASX: TLX, NASDAQ: TLX) is a commercial-stage global radiopharmaceutical company, advancing targeted theranostics to improve outcomes for people with cancer across the patient journey. Theranostics pairs a precision diagnostic with a targeted therapy to both diagnose and treat disease.

Telix's commercial franchise is anchored by its precision diagnostics portfolio: Illuccix® (kit for the preparation of gallium-68 gozetotide injection), commercially available in 22 countries including the U.S., and Gozellix® (kit for the preparation of gallium-68 gozetotide injection), approved by the U.S. Food and Drug Administration (FDA) for prostate imaging, and Pixclara® (floretyrosine F18) approved by the FDA for glioma imaging. The Company's late-stage therapeutic pipeline includes three investigational assets in pivotal-stage trials: TLX591-Tx (lutetium-177 (177Lu) rosopatamab tetraxetan) in prostate cancer, TLX101-Tx (131I-iodofalan) in recurrent glioblastoma, and TLX250-Tx (lutetium (177Lu) girentuximab tetraxetan) in kidney cancer, additionally complemented by a deep pipeline of next generation candidates. TLX591-Tx, TLX101-Tx and TLX250-Tx have not received marketing authorizations in any jurisdiction.

Telix is headquartered in Melbourne, Australia, with operations across North America, Europe, Latin America and Asia-Pacific. For more information, visit www.telixpharma.com or follow Telix on LinkedIn, X and Facebook.

Investor Relations

Annie Kasparian
annie.kasparian@telixpharma.com

Charlene Jaw
charlene.jaw@telixpharma.com
Media

Eliza Schleifstein
917.763.8106 (Mobile)
eliza@schleifsteinpr.com
 
   

This announcement has been authorized for release by the Telix Pharmaceuticals Limited Disclosure Committee on behalf of the Board.

Legal Notices

Cautionary Statement Regarding Forward-Looking Statements. 

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 Annual Report 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, completion 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 commercialization 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; the anticipated impact of U.S. and foreign tariffs and other macroeconomic conditions on Telix’s business, including as a result of war or other geopolitical conflicts; 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.

Trademarks and Trade Names. All trademarks and trade names referenced in this press release are the property of Telix Pharmaceuticals Limited (Telix) or, where applicable, the property of their respective owners. For convenience, trademarks and trade names may appear without the ® or ™ symbols. Such omissions are not intended to indicate any waiver of rights by Telix or the respective owners. Trademark registration status may vary from country to country. Telix does not intend the use or display of any third-party trademarks or trade names to imply any affiliation with, endorsement by, or sponsorship from those third parties.

©2026 Telix Pharmaceuticals Limited. All rights reserved.

___________________
1 Galldiks et al. Lancet Oncol. 2025 (Joint guidelines from the European Association of Nuclear Medicine (EANM), European Association of Neuro-Oncology (EANO), Society of Nuclear Medicine and Molecular Imaging (SNMMI), Response Assessment in Neuro-Oncology (RANO), The European Society for Pediatric Oncology and The Response Assessment in Pediatric Neuro-Oncology for the characterization of recurrence in glioma patients); National Comprehensive Cancer Network® (NCCN) Clinical Practice Guidelines in Oncology (NCCN Guidelines®) for Central Nervous System Cancers V3.2026.
2 Goodenberger et al. Cancer Genet. 2012.
3 CBTRUS Statistical Report: Primary Brain and Other Central Nervous System Tumors Diagnosed in the United States in 2018-2022. Neuro-Oncology. 2025.
4 Investigational New Drug (IND) application successfully cleared, with Study May Proceed notification received from FDA. Telix ASX disclosure August 20, 2026.


FAQ**

How will the FDA approval of Pixclara® by Telix Pharmaceuticals Limited TLX impact the company's market position in the radiopharmaceutical industry for brain cancer diagnostics?
The FDA approval of Pixclara® positions Telix Pharmaceuticals Limited TLX favorably within the radiopharmaceutical industry for brain cancer diagnostics, potentially enhancing its market share and credibility due to the increasing demand for innovative diagnostic solutions.
What are the potential commercial opportunities for Telix Pharmaceuticals Limited TLX following the launch of Pixclara® in the U.S. market?
Telix Pharmaceuticals Limited (TLX) could capitalize on commercial opportunities from Pixclara® in the U.S. by targeting expanding markets in oncology, enhancing partnerships with healthcare providers, and leveraging increasing demand for innovative radiopharmaceutical treatments.
How does Pixclara®'s integration into current clinical practice guidelines enhance the standard of care for glioma patients, and how might this benefit Telix Pharmaceuticals Limited TLX?
Pixclara®'s integration into clinical practice guidelines for glioma enhances patient care through improved diagnostic precision and treatment outcomes, potentially elevating Telix Pharmaceuticals Limited TLX's market position and driving revenue growth from this targeted therapy.
What measures is Telix Pharmaceuticals Limited TLX implementing to monitor and address the risks of misinterpretation and radiation exposure associated with Pixclara®?
Telix Pharmaceuticals Limited (TLX) is implementing robust safety protocols, comprehensive training for healthcare providers, and clear patient education materials to monitor and address misinterpretation risks and manage radiation exposure associated with Pixclara®.

**MWN-AI FAQ is based on asking OpenAI questions about Telix Pharmaceuticals Limited (NASDAQ: TLX).

Telix Pharmaceuticals Limited

NASDAQ: TLX

TLX Trading

2.46% G/L:

$11.055 Last:

148,598 Volume:

$11.01 Open:

wire Ad 300

TLX Latest News

August 31, 2026 06:21:00 pm
Telix Appoints David Gill as Chair
$2,423,405,271
305,469,565
N/A
8
N/A
Biotechnology & Life Sciences
Healthcare
US
Victoria

Check Your Online Brokerage For TLX

Link Market Wire News to Your X Account

Download The Market Wire News App

Schedule a 30 minute Brand Awareness meeting with Market Wire News