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Statement on impact of U.S. tariffs

Key Takeaway: Telix has stated that the current U.S. tariffs will not materially affect its business operations. The company generates most of its revenue from U.S. sales of its lead product, Illuccix, which is manufactured close to customers. Telix's strong manufacturing infrastructure and positive regulatory approvals support its outlook.
Price reaction · baseline $18.36 (2025-02-03 close) · hit after-hours · clean, no other TLX news in the window
day 0 close · peak
+2.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Telix does not expect material impact from U.S. tariffs.
  • Strong U.S.-based manufacturing and distribution infrastructure.
  • Positive regulatory approvals for Illuccix in multiple regions.

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) and Indianapolis, IN (U.S.A.) | 4 February 2025
Telix currently generates most of its revenue from U.S. sales of Illuccix® 1 . Because of the “just-in-time” nature of radiopharmaceutical products, such products are generally manufactured in close proximity to the customer. This will continue to be the case for new products that are anticipated to be launched in 2025.
Due to Telix’s extensive U.S.-based manufacturing and distribution infrastructure and partner networks, Telix does not expect any material impact on its business as the result of current international trade tariffs levied by the U.S. Government.
• Telix’s lead prostate imaging product, gallium-68 ( 68 Ga) gozetotide injection (also known as 68 Ga PSMA-11 and marketed under the brand name Illuccix®), has been approved by the U.S. Food and Drug Administration (FDA), by the Australian Therapeutic Goods Administration (TGA), and by Health Canada. Telix has received a positive decision on its Marketing Authorization Application (MAA) for Illuccix submitted in Europe. ↩︎

Frequently Asked Questions

How does Telix view the impact of U.S. tariffs?

Telix does not expect any material impact on its business from U.S. tariffs.

What is Telix's lead product?

Telix's lead product is gallium-68 gozetotide injection, marketed as Illuccix.

What approvals has Illuccix received?

Illuccix has been approved by the FDA, TGA, and Health Canada.

Where is Telix's manufacturing based?

Telix has extensive U.S.-based manufacturing and distribution infrastructure.

Last updated: Feb 3, 2025