**# FDA Sanctions Telix Pharmaceuticals’ Prostate Malignancy Detection Substance**
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**Principal Conclusions:**
* Telix Pharmaceuticals obtains FDA authorization for its prostate malignancy detection medication.
* Gozellix is currently approved for PET scan examinations in males with verified prostate malignancy lesions and those vulnerable to reappearance.
* The Australian biopharmaceutical firm, which commenced trading in the US four months prior, has witnessed its stock escalate by over 20%.
Equities of Australian-based Telix Pharmaceuticals (TLX) escalated by 6% on Friday subsequent to the FDA’s endorsement for its prostate malignancy detection medication. TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
Telix elucidated that Gozellix is intended for positron emission tomography (PET) scans to precisely locate prostate-specific membrane antigen (PSMA)-affirmative lesions in males presumed of possessing metastatic prostate malignancy who are contenders for initial conclusive therapy. It’s additionally customized for persons with suspected reappearance grounded on amplified serum prostate-specific antigen (PSA) concentrations.
The firm underscored that Gozellix flaunts a lengthier shelf life contrasted with prevailing gallium-based imaging commodities, conceivably rendering the precision and clinical merits of gallium imaging more obtainable to a broader spectrum of patients throughout the US.
Telix’s CEO of Precision Medicine, Kevin Richardson, acclaimed the FDA verdict as a noteworthy triumph for prostate malignancy patients.
Since its US market inauguration in November, Telix Pharmaceuticals’ stock has ascended by more than 20%.
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