From Australia to France
The parties will collaborate to manufacture clinical material and work together to execute a multi-centre Phase IIb trial for the treatment of men with metastatic prostate cancer, with and without end-stage chemotherapy (standard care).
In financing development, Telix also obtains an exclusive option to acquire Atlab under pre-agreed terms. The financial terms of the option exercise are not publicly disclosed at this time.
What is Telix Pharmaceuticals ?
Telix Pharmaceuticals is a clinical-stage biopharmaceutical company headquartered in Melbourne, Australia. Telix is developing an advanced portfolio of clinical-stage products that address significant unmet medical need in oncology, particularly renal, prostate and brain (glioblastoma) cancer.
What is Atlab Pharma ?
ATLAB Pharma is a privately-owned biotechnology company headquartered in Nantes, France. ATLAB is developing a pipeline of innovative anti-cancer radiopharmaceuticals based on monoclonal antibodies coupled to the beta-emitting radioisotope Lutetium-177 and to the alpha-emitting radioisotope Astatine-211.