Radiopharm Theranostics Advances in Clinical Trials and Secures Major Investment

Tip Ranks
2025.04.29 03:31
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Radiopharm Theranostics Limited (AU:RAD) announced advancements in clinical trials and a significant investment from Lantheus Holdings Inc., which increased its stake to 12.16% with a US$5 million placement. The company reported successful detection of brain metastases using RAD 101 and positive preclinical data for RAD202, enhancing its position in the radiopharmaceutical industry. Radiopharm focuses on developing products for cancer diagnostics and treatment, with ongoing trials for various solid tumors. Current market cap is A$49.01M, with a year-to-date price performance of 5.00%.

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.

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