An announcement from Radiopharm Theranostics Limited ( (AU:RAD) ) is now available.
Radiopharm Theranostics Limited announced significant advancements in its clinical trials and shareholder structure. Lantheus Holdings Inc. increased its stake to 12.16% through a US$5 million placement, providing funds to advance Radiopharm’s clinical pipeline. The company reported successful detection of brain metastases using RAD 101, a novel imaging agent, and positive preclinical data for RAD202, a HER2-targeting radiopharmaceutical. These developments underscore Radiopharm’s potential to improve cancer diagnostics and treatment, positioning it as a key player in the radiopharmaceutical industry.
More about Radiopharm Theranostics Limited
Radiopharm Theranostics Limited is a developer of radiopharmaceutical products, focusing on diagnostic and therapeutic uses. The company is engaged in advancing a clinical pipeline that includes trials for solid tumor cancers such as brain, lung, breast, and pancreas, leveraging its expertise in radiopharmaceuticals to enhance cancer detection and treatment.
YTD Price Performance: 5.00%
Average Trading Volume: 7,260,583
Technical Sentiment Signal: Buy
Current Market Cap: A$49.01M
See more insights into RAD stock on TipRanks’ Stock Analysis page.