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Radiopharm Theranostics (NASDAQ: RADX) starts RAD 402 prostate cancer trial

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6-K

Rhea-AI Filing Summary

Radiopharm Theranostics Limited reported that it has dosed the first patient in its first-in-human Phase 1 clinical trial of RAD 402 for advanced prostate cancer. This early-stage study will assess safety, tolerability, whole-body distribution, and initial signs of clinical activity.

RAD 402 is a monoclonal antibody targeting KLK3, radiolabelled with Terbium 161, aiming to selectively attack KLK3-expressing prostate tumors while limiting damage to healthy tissue. Preclinical mouse xenograft data showed strong tumor targeting, minimal bone and marrow uptake, and hepatic clearance, and the company expects to share data from the first two dose levels in the second half of 2026.

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Insights

First-patient dosing in RAD 402 Phase 1 initiates human testing but remains an early, high-risk development stage.

The company has begun a first-in-human Phase 1 trial of RAD 402, targeting KLK3 in advanced prostate cancer. The study focuses on safety, tolerability, biodistribution, and preliminary activity, and will determine the maximum tolerated dose and recommended Phase 2 dose.

Preclinical mouse xenograft data showed strong tumor targeting, limited bone and marrow uptake, and hepatic clearance, supporting the move into human testing. Initial clinical data from the first two dose levels are expected in the second half of 2026, which will help assess whether the preclinical profile translates clinically.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of March 2026

 

Commission File Number: 001-41621

 

RADIOPHARM THERANOSTICS LIMITED

(Name of Registrant)

 

Level 3, 62 Lygon Street, Carlton South, Victoria, 3053, Australia

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒       Form 40-F ☐

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ☐       No ☒

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-

 

 

 

 

 

 

RADIOPHARM THERANOSTICS LIMITED

 

EXPLANATORY NOTE

 

Radiopharm Theranostics Limited (the “Company”) published one announcement (the “Public Notice”) to the Australian Securities Exchange on March 27, 2026 titled:

 

“RAD Doses First Patient in RAD 402 Phase 1 Clinical Study

 

A copy of the Public Notice is attached as an exhibit to this report on Form 6-K.

 

This report on Form 6-K (including the exhibit hereto) shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

1

 

 

EXHIBITS

 

Exhibit
Number
  Description
99.1   RAD Doses First Patient in RAD 402 Phase 1 Clinical Study

 

2

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  RADIOPHARM THERANOSTICS LIMITED
   
Date: March 27, 2026 By: /s/ Phillip Hains
    Phillip Hains
    Company Secretary

 

 

3

 

Exhibit 99.1

 

ASX ANNOUNCEMENT

27 March 2026

 

 

Radiopharm Theranostics Doses First Patient in Phase 1 Clinical Study of RAD 402 in Advanced Prostate Cancer

 

On track to share data from first two dose levels in 2H 2026

 

Targeting KLK3 and leveraging the dual emission of Tb161 represents an innovative approach for radiotherapies in Prostate Cancer

 

Preclinical proof-of-concept mouse xenografts demonstrated RAD 402’s strong tumor targeting with minimal bone/marrow uptake and expected hepatic clearance

 

Sydney, Australia – 27 March 2026 – Radiopharm Theranostics (ASX:RAD, “Radiopharm” or the “Company”), a clinical-stage biopharmaceutical company focused on developing innovative oncology radiopharmaceuticals for areas of high unmet medical need, today announced that the first patient has been dosed in its first-in-human Phase 1 clinical trial of RAD 402, a monoclonal antibody targeting KLK3 radiolabelled with Terbium 161 being evaluated in advanced prostate cancer.

 

The Phase 1 clinical trial (NCT07259213) is designed to study the safety, tolerability, whole-body distribution, and preliminary clinical activity of RAD 402 in patients with advanced prostate cancer. The dose escalation Phase 1 study is designed to determine the Maximum Tolerated Dose (MTD) and/or recommended phase 2 dose (RP2D) for expansion.

 

“Dosing the first patient in our Phase 1 study of RAD 402 marks an important step forward for Radiopharm and for patients with advanced prostate cancer,” said Riccardo Canevari, CEO and Managing Director of Radiopharm Theranostics. “RAD 402 is a differentiated, first-in-class, next-generation radiotherapeutic designed to selectively target KLK3-expressing tumors while minimizing off-target exposure. With preclinical data demonstrating strong tumor uptake and minimal bone or marrow involvement, we are optimistic about its potential clinical profile. Advancing this program into the clinic reflects our continued commitment to delivering meaningful data across our portfolio this year. I like to take the opportunity to thank our partners, TerThera and Cyclotek, for the great support in supplying Tb161, radiolabelling, and distributing RAD 402.”

 

About RAD 402

 

RAD 402 (NCT07259213) is an anti-KLK3 monoclonal antibody radiolabelled with the radionuclide 161Tb that is being evaluated in a Phase 1/2a clinical trial for the treatment of prostate cancer. Prostate Specific Antigen (PSA) is a widely used biomarker to detect prostate cancer and is encoded by the KLK3 gene. KLK3 is highly expressed in prostate cancer cells along with most adenocarcinomas of the prostate including their metastases and has limited expression in sites outside of the prostrate. Preclinical proof-of-concept biodistribution studies of RAD 402 in mouse xenografts showed strong tumor targeting, limited bone and marrow uptake, and a hepatic excretion profile consistent with expectations for a monoclonal antibody.

 

 

Radiopharm Theranostics Limited
Suite 1, Level 3, 62 Lygon Street, Carlton South VIC 3053 Australia
ABN: 57 647 877 889 

 

 

 

 

ASX ANNOUNCEMENT

27 March 2026

 

 

About Radiopharm Theranostics

 

Radiopharm Theranostics is a clinical stage radiotherapeutics company developing a world-class platform of innovative radiopharmaceutical products for diagnostic and therapeutic applications in areas of high unmet medical need. Radiopharm is listed on ASX (RAD) and on NASDAQ (RADX). The company has a pipeline of distinct and highly differentiated platform technologies spanning peptides, small molecules and monoclonal antibodies for use in cancer. The clinical program includes one Phase 2 and four Phase 1 trials in a variety of solid tumor cancers including lung, breast, prostate and brain metastases. Learn more at radiopharmtheranostics.com.

 

Authorised on behalf of the Radiopharm Theranostics board of directors by Chairman Paul Hopper.

 

For more information:
Riccardo Canevari
CEO & Managing Director
P: +1 862 309 0293
E: rc@radiopharmtheranostics.com

 

Anne Marie Fields

Precision AQ (Formerly Stern IR)

E: annemarie.fields@precisionaq.com

 

Paul Hopper
Executive Chairman
P: +61 406 671 515
E: paulhopper@lifescienceportfolio.com

 

Media
Matt Wright
NWR Communications
P: +61 451 896 420
E: matt@nwrcommunications.com.au

 

 

Radiopharm Theranostics Limited
Suite 1, Level 3, 62 Lygon Street, Carlton South VIC 3053 Australia
ABN: 57 647 877 889

 

 

 

 

FAQ

What did Radiopharm Theranostics (RADX) announce about the RAD 402 trial?

Radiopharm Theranostics announced dosing of the first patient in its first-in-human Phase 1 clinical trial of RAD 402 for advanced prostate cancer. The study will evaluate safety, tolerability, whole-body distribution, and preliminary clinical activity in patients with advanced disease.

What is RAD 402 in the Radiopharm Theranostics (RADX) pipeline?

RAD 402 is an anti-KLK3 monoclonal antibody radiolabelled with radionuclide 161Tb, developed for prostate cancer. It targets KLK3-expressing tumors, leveraging Terbium 161’s dual emission to deliver radiotherapy while aiming to minimize off-target exposure in bone, marrow, and healthy tissues.

When will initial clinical data from the RAD 402 Phase 1 trial be available?

Radiopharm Theranostics expects to share data from the first two dose levels of the RAD 402 Phase 1 clinical study in the second half of 2026. These early results will focus on safety, tolerability, and biodistribution rather than definitive efficacy outcomes.

What did preclinical studies show for RAD 402 at Radiopharm Theranostics (RADX)?

Preclinical proof-of-concept biodistribution studies in mouse xenografts showed RAD 402 had strong tumor targeting, limited bone and marrow uptake, and a hepatic excretion profile. These findings supported advancing RAD 402 into a Phase 1/2a clinical trial in prostate cancer patients.

What cancers is Radiopharm Theranostics (RADX) targeting with its clinical programs?

Radiopharm Theranostics is developing radiopharmaceuticals across multiple solid tumors, with one Phase 2 and four Phase 1 trials. Its programs span lung, breast, prostate, and brain metastases, reflecting a focus on oncology indications with high unmet medical need.

On which exchanges is Radiopharm Theranostics (RADX) listed?

Radiopharm Theranostics is listed on the Australian Securities Exchange under the ticker RAD and on Nasdaq under the ticker RADX. This dual listing provides access to both Australian and U.S. capital markets for its clinical-stage radiotherapeutics platform.

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