Telix Pharmaceuticals Shares Slip Despite Major Pipeline Expansion

Wed 12 Mar 25, 01:46 AM | Team Kalkine

Image source: Shutterstock

Highlights

Telix shares dipped 0.5% in morning trade, though up 136% over 12 months.

The company completed a deal to acquire and license FAP-targeting assets for cancer treatment.

Telix paid €6 million upfront, with up to €132 million in potential milestone payments.

Shares of Telix Pharmaceuticals Ltd (ASX:TLX) dipped 0.5% to AU$26.47 in Wednesday morning trade, following a broader market decline. The S&P/ASX 200 Index (ASX: XJO) was down 0.9% at the same time. Despite the slight pullback, Telix shares remain up 136% over the past 12 months.

Expanding the Theranostic Pipeline

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