2023 highlights

During 2023 we achieved profitability while intensively investing in the development of our late-stage assets and the scale-up of our commercial infrastructure and marketing activity. This has resulted in Telix capturing a meaningful market share in the growing urology imaging market whilst laying the foundation for our next commercial products.

We are continuing to accelerate the development of our theranostic pipeline and vertical integration of supply and manufacturing. This activity, which is key to diversifying our revenue streams, creates additional value for our therapeutic assets and further differentiates Telix as a fully integrated global radiopharmaceutical company.

Key financial metrics: Earnings accelerate development in late-stage assets

Operational highlights: Driving towards our next phase of value creation

Illuccix® for prostate cancer imaging
  • Global revenue $496.2 million up 218% on 2022

  • U.S. indication expanded to include patient selection for PSMA-directed radioligand therapy

Prostate cancer therapy
  • ProstACT SELECT positive interim readout

  • ProstACT GLOBAL dosing patients in Australia

CAIX program including kidney cancer
  • TLX250-CDx (Zircaix™1) BLA submitted

  • Four clinical trials dosing patients

  • OPALESCENCE IIT2 in breast cancer, positive top-line data

Brain cancer therapy
  • IPAX-2 second patient cohort enrolled

  • IPAX-Linz IIT exceeds 70% recruitment

Soft tissue sarcoma
  • Preclinical proof-of-concept for radiolabelled olaratumab (TLX300)

  • Ethics application submitted for TLX300-CDx trial

Manufacturing and supply
  • Telix Manufacturing Solutions Stage 1 buildout complete

  • Optimal Tracers business integration and onboarding complete

Pipeline expansion
  • Acquisition of Dedicaid GmbH

  • Acquisition of Lightpoint Medical's business

  • Strategic investment in Mauna Kea Technologies

Further detail on financial and operational performance can be found in the Our performance, strategy and future prospects section of this Report.

  1. Trade name subject to final regulatory approval.
  2. Investigator-initiated trial.