Telix Pharmaceuticals Reports Strong Q3 and Strategic Expansion

Telix Pharmaceuticals Ltd. (AU:TLX) has released an update.

Telix Pharmaceuticals reported a strong Q3 2024 with revenue surpassing AU$200 million, driven by robust sales of its Illuccix prostate cancer imaging product in the U.S. The company raised AU$650 million through convertible bonds to boost its clinical development and expand its North American manufacturing presence, including the acquisition of RLS (USA) Inc. With a reaffirmed full-year revenue guidance and strategic business reorganization, Telix is well-positioned for continued growth in the radiopharmaceutical sector.

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