Recent Updates
Recently added Catalysts
TLX Positive Sentiment

Illuccix® Approved in Norway

Key Takeaway: Telix has announced that its prostate cancer imaging agent, Illuccix®, has received marketing authorization from NOMA in Norway. This approval allows for the use of PSMA-PET imaging, which offers enhanced accuracy in detecting prostate cancer lesions. The product is expected to improve access to timely diagnosis and treatment selection for patients. Illuccix® is supported by robust clinical data, including results from the VISION trial.
Price reaction · baseline $19.5 (2025-02-21 close) · hit pre-market · 5 other TLX headline(s) in the window, move may be shared
day 0 close · peak
+7.3%
day 1
0%
day 3
-3.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Illuccix® received marketing authorization in Norway.
  • The agent provides a new standard of care for prostate cancer imaging.
  • It addresses a critical unmet need for timely diagnosis.
  • The approval supports healthcare providers with efficient imaging solutions.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+13%
120-day peak, hindsight
Typical move
7%
average across 7 past catalysts
Lead asset
131I-IPA
Phase 1 · Neoplastic Disease

Full Press Release Details

Melbourne (Australia) | 24 February 2025
Telix today announces that its prostate cancer PET [1] imaging agent Illuccix® (kit for the preparation of gallium-68 gozetotide injection) has been granted marketing authorization by NOMA [2] for the detection and localization of prostate-specific membrane antigen (PSMA)-positive lesions in adults with prostate cancer, a broad clinical label. This approval enables healthcare providers in Norway to offer PSMA-PET [3] imaging using a clinically-validated gallium-based radiopharmaceutical.
Illuccix, after radiolabelling with gallium-68, is indicated in Norway for the detection of prostate-specific membrane antigen (PSMA)-positive lesions with PET in adults with prostate cancer (PCa) in the following clinical settings:
PSMA-PET imaging represents a significant advancement in prostate cancer management, providing clinicians with more information than conventional imaging methods (bone scan, CT [4] scan) thereby offering a new standard of care after initial diagnosis and biochemical recurrence (BCR). Global guidelines highlight the superior accuracy of PSMA-PET for the staging of primary disease and evaluation of BCR/biochemical persistence (BCP) [5] . Illuccix® PSMA-PET will help fulfil a critical unmet need by facilitating access to timely and effective diagnosis and patient selection for treatment with PSMA-targeted therapy.
Illuccix’s broad approval is supported by robust clinical data, including the largest Ga-68-based PSMA data set from the VISION trial [6] .
Illuccix® has the potential to improve access to PSMA-PET in Norway by enabling hospitals and clinics to prepare the product on-site. In particular, in settings where there is a reliance on fluorine-18 ( 18 F) tracers, the availability of Illuccix®, a GMP-quality prostate cancer imaging product, will help to avoid delivery delays and other logistical barriers, improving access.
With its broad indication and ready-to-use formulation, Illuccix® is designed to support healthcare providers in delivering efficient and reliable imaging. The approval comes as demand for PSMA-PET continues to grow across Europe, reinforcing the need for solutions that fit within existing hospital workflows.
Raphaël Ortiz, Chief Executive Officer, Telix International, commented, “The approval of Illuccix® in Norway will enable a clinically-validated PSMA-PET product to be more widely available, allowing healthcare providers to benefit from the convenience and flexibility of generator-produced gallium. This milestone reinforces Telix’s ongoing commitment to advancing prostate cancer care and expanding access to innovative diagnostic technologies across Europe”.
Illuccix® will be made available in Norway through Telix’s distribution partner for the Nordic region, WIIK Pharma ApS (WIIk Pharma), a specialist supplier and distributor of nuclear medicine products and services. To order or enquire about Illuccix® availability, authorized healthcare professionals in Norway can email: info@wiikpharma.dk or call +45 5389 9010 .
Prostate Cancer in Norway
Prostate cancer is the most common cancer in Norway overall and also the most common cancer among Norwegian men, with more than 6,200 new cases diagnosed annually, and a significantly higher incidence in men than either bowel cancer (2,800 new cases) or lung cancer (1,800 new cases). Prostate cancer was also the most common cause of cancer death in men in Norway, with over 1,100 men dying from their disease in 2022 [7] .
Read the full media release here
[1] Positron emission tomography.
[2] The Norwegian Medical Products Agency.
[3] Imaging of prostate-specific membrane antigen with positron emission tomography.
[4] Computed tomography.
[5] EAU Guidelines. Edn. presented at the EAU Annual Congress Paris 2024. ISBN 978-94-92671-23-3.: https://uroweb.org/guidelines/prostate-cancer ; Prostate cancer: ESMO Clinical Practice Guidelines for diagnosis, treatment and follow-up. 2023: https://www.esmo.org/guidelines/guidelines-by-topic/esmo-clinical-practice-guidelines-genitourinary-cancers/clinical-practice-guidelines-prostate-cancer/eupdate-prostate-cancer-treatment-recommendations
[6] ClinicalTrials.gov ID: NCT03511664 . VISION study sponsored by Endocyte, a Novartis company. Telix provided Illuccix (TLX591-CDx) for PSMA-PET imaging.
[7] Global Cancer Statistics 2022: GLOBOCAN survey. Published August 2024.

Frequently Asked Questions

What is Illuccix® used for?

Illuccix® is used for detecting prostate-specific membrane antigen (PSMA)-positive lesions in adults with prostate cancer.

Who granted approval for Illuccix® in Norway?

The Norwegian Medical Products Agency (NOMA) granted approval for Illuccix®.

What advantages does PSMA-PET imaging provide?

PSMA-PET imaging offers superior accuracy compared to conventional imaging methods for prostate cancer.

How does Illuccix® improve access to prostate cancer imaging?

Illuccix® allows hospitals to prepare the product on-site, reducing delivery delays and logistical barriers.

Last updated: Feb 24, 2025