Telix Achieves FY 2025 Guidance with US$804M (A$1.2B) Revenue, Accelerates Growth with Gozellix Launch

Rhea-AI Summary

Telix (ASX/NASDAQ: TLX) reported unaudited FY 2025 Group revenue of ~US$804M (A$1.2B), in line with upgraded guidance of US$800–820M, and Q4 2025 revenue of ~US$208M (Q4 YoY +46%). Growth was led by the Precision Medicine business (~US$161M in Q4) supported by the successful U.S. launch of Gozellix after CMS reimbursement effective 1 Oct 2025. Key program and commercial milestones include first patients dosed in multiple therapeutic and imaging trials (ProstACT Part 2, SOLACE, BiPASS, Japan TLX591-Px study), NMPA acceptance of TLX591-Px NDA in China, ~55% national PSMA-PET share in Australia, and a strategic collaboration with Varian to explore combinations with external beam radiation therapy.

Positive

• FY 2025 revenue of approximately US$804M, meeting upgraded guidance
• Q4 2025 Group revenue US$208M (+46% YoY)
• Precision Medicine Q4 revenue US$161M, +4% QoQ
• U.S. launch of Gozellix with CMS reimbursement effective 1 Oct 2025
• 55% national market share for Illuccix in Australia at 31 Dec 2025
• NMPA accepted TLX591-Px (Illuccix) NDA in China

Negative

• Pixclara (TLX101-Px) received a Complete Response Letter and requires resubmission after FDA Type A discussions
• Zircaix (TLX250-Px) BLA had CMC deficiencies and required follow-up meetings with FDA on comparability and resubmission

News Market Reaction

-0.39%

10 alerts

-0.39% News Effect

-2.7% Trough in 16 hr 41 min

-$10M Valuation Impact

$2.59B Market Cap

1.0x Rel. Volume

On the day this news was published, TLX declined 0.39%, reflecting a mild negative market reaction. Argus tracked a trough of -2.7% from its starting point during tracking. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $10M from the company's valuation, bringing the market cap to $2.59B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

FY 2025 revenue: US$804M FY 2025 guidance range: US$800–820M Q4 2025 Group revenue: US$208M +5 more

8 metrics

FY 2025 revenue US$804M Unaudited Group revenue, in line with upgraded FY 2025 guidance

FY 2025 guidance range US$800–820M Upgraded full-year 2025 revenue guidance range

Q4 2025 Group revenue US$208M Unaudited Q4 2025 Group revenue, up 46% year-over-year

Q4 2025 Precision Medicine revenue US$161M Precision Medicine business revenue in Q4 2025, up 4% quarter-over-quarter

Illuccix China PPV 94.8% Overall patient-level positive predictive value in China Phase 3 study

ZIRCON-X management change 48.6% Patients whose management would change using TLX250-Px imaging (143/294)

Illuccix AU market share 55% Approximate PSMA-PET tracer share in Australia at 31 Dec 2025

Japan Illuccix trial size 105 patients Planned enrollment in Japanese Phase 3 TLX591-Px registration study at 11 sites

Market Reality Check

Price: $6.96 Vol: Volume 177,327 vs 20-day ...

normal vol

$6.96 Last Close

Volume Volume 177,327 vs 20-day average 190,707 suggests only moderate engagement with the update. normal

Technical Shares at $7.76 are trading below the 200-day MA of $12.54 and 74.44% below the 52-week high.

Peers on Argus

TLX gained 4.44% while key biotech peers were mixed: several (e.g., RARE, APLS, ...

TLX gained 4.44% while key biotech peers were mixed: several (e.g., RARE, APLS, LGND, ZLAB) declined and MLTX rose 2.26%. This pattern points to a stock-specific response rather than a sector-wide move.

Historical Context

5 past events · Latest: Jan 16 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 16	Clinical trial progress	Positive	+4.4%	First U.S. patient dosed in BiPASS Phase 3 Illuccix/Gozellix prostate study.
Jan 08	Conference presentation	Positive	+1.7%	Announcement of J.P. Morgan Healthcare Conference presentation and timing of Q4 results.
Dec 21	Clinical data update	Positive	+3.2%	Illuccix China Phase 3 met primary endpoint; Pixclara and Zircaix FDA resubmission plans.
Dec 10	Strategic collaboration	Positive	+3.1%	Theranostics–EBRT clinical collaboration with Varian focused on PSMA-PET imaging.
Nov 19	Clinical study analysis	Positive	-1.5%	ZIRCON-X analysis showed TLX250-CDx altered management in many renal-mass patients.

Pattern Detected

Recent Telix headlines, especially on clinical progress and collaborations, have usually been followed by positive price reactions, with one notable divergence on favorable renal imaging data.

Recent Company History

Over the past two months, Telix has steadily reported clinical and commercial milestones. On Nov 19, 2025, ZIRCON-X data showed TLX250-CDx changed management in 48.6% of renal-mass patients. December updates highlighted China Phase 3 Illuccix data with 94.8% PPV and FDA interactions for Pixclara and Zircaix. A Varian collaboration and the BiPASS Phase 3 dosing further underpinned the pipeline. Today’s FY 2025 revenue of US$804M extends this theme of commercial and clinical execution.

Market Pulse Summary

This announcement highlights Telix achieving unaudited FY 2025 revenue of US$804M, in line with upgr...

Analysis

This announcement highlights Telix achieving unaudited FY 2025 revenue of US$804M, in line with upgraded guidance, alongside US$208M in Q4 2025 revenue and growth in Precision Medicine. Multiple Phase 3 and first-in-human programs advanced, and Illuccix continued to gain adoption, including about 55% PSMA-PET share in Australia. Historically, similar clinical and collaboration updates have often coincided with positive price moves, though at least one strong renal imaging dataset saw a contrary reaction, underscoring event-specific risk.

Key Terms

phase 3, new drug application (nda), complete response letter (crl), biologics license application (bla), +4 more

8 terms

phase 3 medical

"Part 2 (randomized expansion) of the ProstACT® Global Phase 3 study of TLX591-Tx"

Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.

new drug application (nda) regulatory

"has accepted the New Drug Application (NDA) filing for TLX591-Px (Illuccix)"

A new drug application (NDA) is a formal request submitted to regulatory authorities to gain approval for a new medication to be sold and used by the public. It is a comprehensive review process that examines the drug’s safety, effectiveness, and manufacturing quality. For investors, an NDA approval can signal a potential breakthrough product and influence a company's stock value.

complete response letter (crl) regulatory

"following a productive Type A meeting to review the basis of the Complete Response Letter (CRL)"

A complete response letter (CRL) is an official communication from a drug or medical device regulator saying an approval application cannot be approved in its current form and listing specific problems that must be fixed. For investors, a CRL is like a referee pausing a game and listing rule violations — it signals extra time, cost and uncertainty before a product can reach market, and it often prompts a reassessment of a company’s near-term prospects.

biologics license application (bla) regulatory

"deficiencies identified in the CRL for its Biologics License Application (BLA)"

A biologics license application (BLA) is a formal request to a government agency seeking approval to sell a biological medicine, such as vaccines or gene therapies, in the market. It is similar to a detailed report that proves the product is safe, effective, and manufactured properly. For investors, a BLA signifies a critical step toward commercial availability, often impacting a company's valuation and market prospects.

good manufacturing practice (gmp) technical

"A major upgrade of Good Manufacturing Practice (GMP) production facilities"

Good Manufacturing Practice (GMP) is a set of government-enforced standards that ensure medicines, medical devices, and related products are produced consistently, safely, and with the quality claimed on the label. Think of it as a strict recipe and hygiene checklist for a factory that prevents contamination, errors, and product variations. Investors care because GMP compliance affects a company’s ability to sell products, avoid costly recalls or regulatory shutdowns, and maintain reliable revenue and reputation.

external beam radiation therapy (ebrt) medical

"to explore the combination of Telix’s radiopharmaceuticals with external beam radiation therapy (EBRT)"

External beam radiation therapy is a medical treatment that uses focused beams of high-energy radiation delivered from a machine outside the body to kill or shrink tumors while minimizing exposure to surrounding healthy tissue; think of it like using a spotlight to heat a small target without touching it. Investors track it because demand for the machines, planning software, clinical outcomes and reimbursement rules influences equipment makers, hospital revenues and the commercial prospects of related drugs or devices.

expanded access program (eap) regulatory

"The approved Expanded Access Program (EAP) for TLX101-Px remains active"

An expanded access program (EAP) lets people with serious or life‑threatening conditions use a drug or therapy that has not yet received full approval, when they cannot join clinical trials. Think of it like giving a small group early access to a product still under review; for investors it matters because EAPs can reveal real‑world safety or effectiveness signals, affect public perception and regulatory review, and provide limited early demand indicators that influence a company’s risk and value.

theranostic medical

"guidance on a combined protocol for imaging and therapy to enable a true theranostic evaluation"

A theranostic is a single medical approach or agent that combines diagnosis and treatment—using a test or imaging step to find patients likely to benefit, then delivering a targeted therapy tied to that same marker. For investors, theranostics can speed development, lower the chance of failed trials and concentrate sales on the right patients, like a smart key that both locates the correct lock and opens it, potentially improving clinical and commercial success.

AI-generated analysis. Not financial advice.

MELBOURNE, Australia and INDIANAPOLIS, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, “Telix”) provides an update on its commercial and operational performance for the quarter ended 31 December 2025 (Q4 2025).

Q4 2025 Highlights

• Full-year (FY) 2025 unaudited Group revenue of approximately US$804 million (A$1.2 billion¹), in line with upgraded guidance of US$800-$820 million² (previously US$770-800 million).
• Q4 2025 unaudited Group revenue of approximately US$208 million, up 46% year-over-year.
• Precision Medicine business revenue of approximately US$161 million, up 4% quarter-over-quarter, driven by the successful United States (U.S.) launch of Gozellix® following reimbursement by Centers for Medicare and Medicaid Services (CMS), effective from 1 October 2025³.
• First international patients treated in Part 2 (randomized expansion) of the ProstACT® Global Phase 3 study of TLX591-Tx in advanced prostate cancer⁴.
• First U.S. patients treated in the SOLACE Phase 1 study of TLX090‑Tx in patients with pain from bone metastases⁵.
• Announced strategic collaboration with Varian, a Siemens Healthineers company, to explore the combination of Telix’s radiopharmaceuticals with external beam radiation therapy (EBRT)⁶.

Q4 2025 Revenue (Unaudited)

Revenue (US$M)	Q4 2025	Q4 2024	Variation		Q3 2025	Variation
Group revenue	208	142	46%		206	1%
Precision Medicine revenue7	161	139	16%		155	4%
RLS third-party revenue8	45	—	—		47	(4)%

Commentary and business highlights

Dr. Christian Behrenbruch, Managing Director and Group CEO, stated, “Telix’s Precision Medicine business delivered excellent sequential growth in Q4 2025, driven in part by the successful U.S. launch of Gozellix. This revenue growth outpaced a 3% increase in dose volumes, demonstrating the positive impact of our two-product strategy on market share and pricing. With strong early uptake of Gozellix and a robust pipeline of key accounts integrating Gozellix and ARTMS technology, Telix is well positioned for sustained growth in 2026.”

Therapeutics business

• TLX591-Tx (lutetium (¹⁷⁷Lu) rosopatamab tetraxetan): Telix is preparing for a readout of safety and dosimetry data from Part 1 of ProstACT Global, the Phase 3 trial of its lead prostate cancer therapy candidate. Part 2 (randomized treatment expansion) has commenced following data safety review and dosed first patients. The study is open for enrollment in Australia, New Zealand and Canada, with further sites to be opened in China, Singapore, South Korea, Türkiye, the United Kingdom and Japan⁹, where regulatory approvals have already been granted. Data from Part 1 will be presented to the U.S. Food and Drug Administration (FDA) to ascertain eligibility for U.S. patients to participate in Part 2.
• TLX592-Tx (²²⁵Ac-PSMA-RADmAb): Telix is preparing to activate sites for AlphaPRO, a first-in-human (FIH) study of its targeted alpha therapy candidate for prostate cancer. The study will initially recruit ex-U.S.
• TLX250-Tx (¹⁷⁷Lu-DOTA-girentuximab): Telix is commencing site activations ahead of opening patient enrollment in LUTEON¹⁰, its pivotal trial of TLX250-Tx as a monotherapy in metastatic clear cell renal cell carcinoma (ccRCC). The study will initially recruit ex-U.S.
• TLX252-Tx (²²⁵Ac-DOTA-girentuximab): Telix has received approval in Australia to commence ALPHIX, a Phase 1, FIH study of its targeted alpha therapy candidate for advanced metastatic kidney cancer and other cancers that express carbonic anhydrase IX (CAIX).
• TLX101-Tx (¹³¹I-iodofalan): Telix is enrolling patients at Australian sites in IPAX-BrIGHT, an international pivotal trial of TLX101-Tx in patients with recurrent glioblastoma¹¹. European sites are expected to join the study in Q1 2026.
• TLX102-Tx (²¹¹At astato-L-phenylalanine): Telix is preparing to commence a FIH study of TLX102-Tx, its alpha therapy candidate targeting L-type amino acid transporter 1 (LAT1), in patients with leptomeningeal disease (LMD). The FDA has acknowledged LMD as a significant unmet medical need and provided positive written feedback on a two-part study design (dose escalation and safety expansion), along with guidance on a combined protocol for imaging and therapy to enable a true theranostic evaluation, including potential future label expansion for TLX101-Px.
• TLX090-Tx (¹⁵³Sm-DOTMP): Telix has dosed the first U.S. patients in SOLACE¹², a Phase 1 study of its therapeutic candidate for treating pain in patients with osteoblastic bone metastases from prostate and breast cancers.
  

Precision Medicine business

PSMA portfolio (Illuccix and Gozellix):

• Following approval of Illuccix® in Spain¹³, Telix now holds marketing authorizations for all 19 European countries that were included in its decentralized procedure (DCP) submission. Commercial launches have commenced in 12 European countries including France, Germany, Spain and the United Kingdom as reimbursement is secured on a market-by-market basis.
• Australian hospitals and imaging centers continue to effectively transition from in-house production of ⁶⁸Ga-PSMA-11 to Illuccix®, with Telix’s approved agent now the leading PSMA-PET¹⁴ tracer nationally (approximately 55% market share at 31 December 2025)¹⁵.
• The Chinese National Medical Products Administration (NMPA) Center for Drug Evaluation (CDE) has accepted the New Drug Application (NDA) filing for TLX591-Px (Illuccix)¹⁶. This follows positive top-line results from the Illuccix China Pivotal Phase 3 registration study¹⁷, which reported an overall patient-level positive predictive value (PPV) of 94.8% for detecting tumors in patients with biochemical recurrence (BCR) of prostate cancer¹⁸.
• Telix has dosed the first U.S. patients in its BiPASS™ Phase 3 study¹⁹ to evaluate magnetic resonance imaging (MRI) combined with its commercial PSMA-PET imaging agents, Illuccix and Gozellix, in the initial prostate cancer diagnosis setting. The trial is recruiting in Australia and the U.S.
• Telix has dosed the first patient in its Phase 3 registration study of TLX591-Px in Japan^20,. The study will enroll up to 105 Japanese men at 11 sites with data intended to support a future marketing authorization application for Illuccix in Japan.
  

Pixclara®²¹ (TLX101-Px, Floretyrosine F18):

• Telix has engaged in collaborative discussions with the FDA on additional clinical data and a revised statistical analysis plan, following a productive Type A meeting to review the basis of the Complete Response Letter (CRL). Telix is finalizing its resubmission package and will provide an update upon acceptance of the refiling.
• The approved Expanded Access Program (EAP) for TLX101-Px remains active, reflective of Telix’s commitment to patients²².

Zircaix®²¹ (TLX250-Px, ⁸⁹Zr-DFO-girentuximab):

• In December 2025, Telix participated in a Type A meeting to discuss chemistry, manufacturing, and controls (CMC) deficiencies identified in the CRL for its Biologics License Application (BLA) for this ccRCC PET imaging candidate²³. In January 2026, Telix participated in an additional Type A meeting to address clinical comparability between the drug product used in the ZIRCON Phase 3 clinical trial²⁴ and the product from scaled-up manufacturing intended for commercial use. Following this meeting, Telix believes it has alignment with the Agency on all key resubmission aspects. Telix will provide a further update on receipt of official FDA minutes from both meetings.
• TLX250-Px is now included in updated international guidelines from the Society of Nuclear Medicine and Molecular Imaging (SNMMI), the European Association of Nuclear Medicine (EANM) and The American College of Nuclear Medicine (ACNM) for molecular imaging of renal masses, reflecting a shift toward precision medicine in renal cancer²⁵.
• Data from ZIRCON-X, a non-interventional, prospective, study – using imaging data from Telix’s pivotal Phase 3 ZIRCON study – were presented at the 26th Annual Meeting of the Society of Urologic Oncology (SUO). The study evaluated the impact of TLX250-Px imaging on clinical decision-making versus standard contrast-enhanced imaging in 294 patients with indeterminate renal masses (IRMs). Outcomes demonstrated that 48.6% of patients (143) would have experienced a change in management if imaged with TLX250-Px, with over 20% of these (31 patients) potentially avoiding invasive biopsy²⁶.
• The approved EAP for TLX250-Px remains active, reflective of Telix’s commitment to patients²⁷.

Telix Manufacturing Solutions (TMS)

In line with its stated strategy to invest in supply chain and production capabilities to meet future demand for radiopharmaceuticals, Telix is progressing several key projects:

• Upgrades to select RLS Radiopharmacies network sites for cyclotron installations to enable in-house production of critical therapeutic and diagnostic isotopes, along with enhanced manufacturing capabilities.
• A major upgrade of Good Manufacturing Practice (GMP) production facilities and clean rooms at the Angleton, Texas site for IsoTherapeutics, a Telix Company.
• Opening of a TMS site in Yokohama, Japan²⁸. This is Telix’s first cyclotron facility in the Asia Pacific region to support future product launch in Japan and regional clinical trials.
• Construction of a TMS-led translational research hub in North Melbourne, Australia, is in completion. The facility incorporates radiochemistry hot labs for clinical dose production and a patient dosing and imaging suite, including in-house SPECT/CT²⁹.

These investments support vertical integration, supply chain control, and global centers of excellence for advancing Telix’s next-generation therapeutic radiopharmaceutical portfolio.

Corporate updates

Strategic clinical collaboration with Varian

Telix announced a strategic clinical collaboration with Varian, a Siemens Healthineers company and global leader in radiation oncology. The collaboration focuses on developing novel clinical applications that combine Telix’s theranostic products with EBRT, starting with PSMA-PET imaging for prostate cancer. This framework supports future co-development opportunities, including with other PET imaging candidates in Telix’s pipeline (TLX250-Px and TLX101-Px) and potential future therapeutic radiopharmaceuticals.

About Telix Pharmaceuticals Limited

Telix is a biopharmaceutical company focused on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals and associated medical technologies. Telix is headquartered in Melbourne, Australia, with international operations in the United States, United Kingdom, Brazil, Canada, Europe (Belgium and Switzerland), and Japan. Telix is developing a portfolio of clinical and commercial stage products that aims to address significant unmet medical needs in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (NASDAQ: TLX).

Illuccix has been approved by the FDA³⁰, and in multiple markets globally. Gozellix has been approved by the FDA³¹. No other Telix product mentioned in this announcement has received a marketing authorization in any jurisdiction.

Visit www.telixpharma.com for further information about Telix, including details of the latest share price, ASX and U.S. Securities and Exchange Commission (SEC) filings, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix on LinkedIn, X and Facebook.

Telix Investor Relations (Global)

Ms. Kyahn Williamson
Telix Pharmaceuticals Limited
SVP Investor Relations and Corporate Communications
Email: kyahn.williamson@telixpharma.com

Telix Investor Relations (U.S.)

Annie Kasparian
Telix Pharmaceuticals Limited
Director Investor Relations and Corporate Communications
Email: annie.kasparian@telixpharma.com

This announcement has been authorized for release by the Telix Pharmaceuticals Limited Board of Directors.

Legal Notices

Cautionary Statement Regarding Forward-Looking Statements. 

You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our Annual Report on Form 20-F filed with the SEC, or on our website.

The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including the United States. The information and opinions contained in this announcement are subject to change without notification. To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise. No representation or warranty, express or implied, is made in relation to the accuracy or completeness of the information contained or opinions expressed in the course of this announcement.

This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as “may”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”, “forecast” and “guidance”, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on Telix’s good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect Telix’s business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix’s business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress, completion and results of Telix’s preclinical and clinical trials, and Telix’s research and development programs; Telix’s ability to advance product candidates into, enroll and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix’s product candidates, including the planned NDA resubmission for TLX101-Px and the planned BLA resubmission for TLX250-Px, manufacturing activities and product marketing activities; Telix’s sales, marketing and distribution and manufacturing capabilities and strategies; the commercialization of Telix’s product candidates, if or when they have been approved; Telix’s ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix’s expenses, future revenues and capital requirements; Telix’s financial performance; developments relating to Telix’s competitors and industry; the anticipated impact of U.S. and foreign tariffs and other macroeconomic conditions on Telix’s business; and the pricing and reimbursement of Telix’s product candidates, if and after they have been approved. Telix’s actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.

Trademarks and Trade Names. All trademarks and trade names referenced in this press release are the property of Telix Pharmaceuticals Limited (Telix) or, where applicable, the property of their respective owners. For convenience, trademarks and trade names may appear without the ® or ™ symbols. Such omissions are not intended to indicate any waiver of rights by Telix or the respective owners. Trademark registration status may vary from country to country. Telix does not intend the use or display of any third-party trademarks or trade names to imply any affiliation with, endorsement by, or sponsorship from those third parties.

©2026 Telix Pharmaceuticals Limited. All rights reserved.

_________________________________
¹ Converted at the full year 2025 average US$:A$ exchange rate of 1.55:1
² Telix ASX disclosure 14 October 2025.
³ Telix ASX disclosure 23 September 2025.
⁴ Telix media release 8 December 2025. ClinicalTrials.gov ID: NCT06520345.
⁵ Telix media release 23 October 2025. ClinicalTrials.gov ID: NCT07197645.
⁶ Telix media release 10 December 2025.
⁷ Primarily sales of Illuccix and Gozellix in our Precision Medicine business.
⁸ RLS Radiopharmacies revenue excludes revenue contribution from Illuccix and Gozellix sales.
⁹ Japanese regulator Pharmaceuticals and Medical Devices Agency (PMDA) has granted approval for a Japan-specific Part 1 in nine patients, prior to commencing Part 2.
¹⁰ ClinicalTrials.gov ID: NCT07197580.
¹¹ ClinicalTrials.gov ID: NCT07100730.
¹² Telix media release 23 October 2025.
¹³ Telix media release 29 August 2025.
¹⁴ Imaging of prostate-specific membrane antigen.
¹⁵ Management estimate based on Medicare Benefit Schedule statistics, available at: medicarestatistics.humanservices.gov.au/
¹⁶ Telix ASX disclosure 20 January 2026.
¹⁷ ClinicalTrials.gov ID: NCT05847348.
¹⁸ Telix ASX disclosure 22 December 2025, Telix data on file. Illuccix China Clinical Study Report, December 2025.
¹⁹ Biopsy of the Prostate Avoidance Stratification Study; ClinicalTrials.gov ID: NCT07052214. Telix media release 16 January 2026.
²⁰ Japan Registry of Clinical Trials identifier: JRCT2031250473
²¹ Brand name subject to final regulatory approval.
²² ClinicalTrials.gov ID: NCT06743100.
²³ Telix ASX disclosure 22 December 2025.
²⁴ ClinicalTrials.gov ID: NCT03849118.
²⁵ Rowe et al. J Nucl Med. 2025. Telix media release 23 October 2025.
²⁶ Telix ZIRCON-X SUO 2025 abstract, available at: https://suo-abstracts.secure-platform.com/a/gallery/rounds/24/details/4869
²⁷ ClinicalTrials.gov ID: NCT06090331.
²⁸ Telix media release 21 November 2025.
²⁹ Single-photon emission computed tomography combined with computed tomography.
³⁰ Telix ASX disclosure 20 December 2021.
³¹ Telix ASX disclosure 21 March 2025.

FAQ

What was Telix (TLX) full-year 2025 revenue and did it meet guidance?

Telix reported unaudited FY 2025 revenue ~US$804M, within its upgraded guidance range of US$800–820M.

How much did Telix (TLX) generate in Q4 2025 and what was the YoY change?

Q4 2025 Group revenue was approximately US$208M, up 46% year‑over‑year.

What impact did the U.S. launch of Gozellix have on Telix (TLX) results?

The U.S. launch of Gozellix, with CMS reimbursement from 1 Oct 2025, helped drive Precision Medicine sequential revenue growth and increased market share.

What regulatory progress did Telix (TLX) report for TLX591-Px (Illuccix) in China and Europe?

The NMPA accepted the TLX591-Px NDA in China, and marketing authorizations exist for 19 European countries with commercial launches in 12 markets.

Which Telix therapeutic or trial milestones occurred in Q4 2025 relevant to investors?

First patients dosed in ProstACT Part 2 (TLX591-Tx), SOLACE (TLX090-Tx), BiPASS Phase 3, and initiation/activations for multiple Phase 1/3 programs were reported.

What are the near-term regulatory setbacks investors should note for Telix (TLX)?

Pixclara (TLX101-Px) received a CRL requiring resubmission, and Zircaix (TLX250-Px) had CMC deficiencies addressed through FDA Type A meetings.

What commercial partnership did Telix (TLX) announce on Jan 20, 2026?

Telix announced a strategic clinical collaboration with Varian (Siemens Healthineers) to explore combining Telix radiopharmaceuticals with external beam radiation therapy.