Telix Reports 11% QoQ Revenue Growth in Q1 2026, Significant Progress in Therapeutics Pipeline
NewTimeSpace News: On April 7, 2026, Telix announced unaudited Group revenue of US$230 million for the first quarter of 2026, up 24% year-over-year and 11% quarter-over-quarter, while reaffirming full-year 2026 revenue guidance of US$950 million to US$970 million.
The announcement stated that on the therapeutics pipeline, Part 1 of the Phase 3 study of prostate cancer candidate TLX591-Tx met its safety and dosimetry objectives, the pivotal trial for kidney cancer candidate TLX250-Tx was initiated with patient recruitment underway, and the first patient was enrolled for brain cancer candidate TLX101-Tx.
In the Precision Medicine business, Illuccix has been launched in 21 countries, TLX101-Px resubmitted its NDA to the FDA and filed an MAA in Europe, and TLX250-Px reached alignment with the FDA on the BLA resubmission.
The Company also announced the appointment of David Gill as Non-Executive Director, who is expected to succeed as Board Chair in due course.
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