Telix Pharmaceuticals Shares Surge Following FDA Approval for Gozellix

Fri 21 Mar 25, 12:43 AM | Team Kalkine

Telix Pharmaceuticals Ltd (ASX:TLX) continues its upward trajectory, with shares climbing 1.5% in Friday morning trade to AU$28.22. This marks an impressive 112.6% gain over the past year, significantly boosting investor returns.

The S&P/ASX 200 healthcare stock has further improved its position with the United States Food and Drug Administration (FDA) granting approval for its latest imaging agent, Gozellix, designed to enhance prostate cancer diagnosis.

Telix announced that the FDA has approved its New Drug Application (NDA) for Gozellix, a next-generation PSMA-PET imaging agent for prostate cancer. Once radiolabelled with gallium-68 (68-Ga), Gozellix enables high-precision PET scanning for:

One of Gozellix’s key advantages is its longer shelf life of up to six hours, significantly extending its distribution range beyond current gallium-based imaging products. This means it can reach more PET cameras in underserved areas, ensuring broader patient access across the US.

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