financetom
Business
financetom
/
Business
/
Telix Says FDA Seeks More Data on Cancer Diagnostic Drug; Shares Fall
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Telix Says FDA Seeks More Data on Cancer Diagnostic Drug; Shares Fall
Aug 28, 2025 4:59 AM

07:45 AM EDT, 08/28/2025 (MT Newswires) -- Telix Pharmaceutical (TLX) said Thursday the US Food and Drug Administration has requested additional data on its biologics license application for Zircaix (TLX250-CDx), an investigational PET agent for diagnosing clear cell renal cell carcinoma.

The FDA identified deficiencies in the chemistry, manufacturing, and controls package and asked for additional data to establish comparability between the drug product used in the phase 3 clinical trial and the manufacturing process for commercial use.

Telix said the issues are "readily addressable" and that it will request a Type A meeting with the FDA to determine a timeframe for resubmission, adding that the FDA request does not impact its 2025 revenue guidance.

Telix shares were down by more than 17% in premarket trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Vermilion Energy Advances Strategic Portfolio Repositioning With Agreement To Sell Its Saskatchewan Assets And Accelerate Debt Repayment
BRIEF-Vermilion Energy Advances Strategic Portfolio Repositioning With Agreement To Sell Its Saskatchewan Assets And Accelerate Debt Repayment
May 26, 2025
May 23 (Reuters) - Vermilion Energy Inc ( VET ): * VERMILION ENERGY INC. ( VET ) ADVANCES STRATEGIC PORTFOLIO REPOSITIONING WITH AGREEMENT TO SELL ITS SASKATCHEWAN ASSETS AND ACCELERATE DEBT REPAYMENT * VERMILION ENERGY INC ( VET )- PROPOSED DEAL FOR FOR CASH PROCEEDS OF $415 MILLION * VERMILION ENERGY ( VET ): EXPECTS FY 2025 PRODUCTION TO AVERAGE...
Market Chatter: US Pressures EU to Unilaterally Reduce Tariffs to Avoid Extra Duties
Market Chatter: US Pressures EU to Unilaterally Reduce Tariffs to Avoid Extra Duties
May 26, 2025
06:54 AM EDT, 05/23/2025 (MT Newswires) -- US trade negotiators are threatening not to progress talks to avoid an additional 20% of duties if the EU does not make unilateral tariff reductions on US goods, the Financial Times reported Friday, citing unnamed people familiar with the matter. The US levied a 20% reciprocal tariff on most EU goods in April...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Vermilion Energy to Sell Canadian Assets for $415 Million
Vermilion Energy to Sell Canadian Assets for $415 Million
May 26, 2025
06:57 AM EDT, 05/23/2025 (MT Newswires) -- Vermilion Energy ( VET ) said Friday that it has entered into a definitive agreement to sell its Saskatchewan and Manitoba assets for $415 million in cash. The company said it plans to use the net proceeds for debt repayment. The transaction is expected to close in Q3. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved