In a significant milestone for Australian biotech, Telix Pharmaceuticals Limited (ASX: TLX) has announced that the U.S. Food and Drug Administration (FDA) has accepted the New Drug Application (NDA) for its brain cancer imaging agent, TLX101-CDx (Pixclara®). Even better, the application has been granted priority review, setting a target decision date (PDUFA) for 26 April 2025. If successful, this would enable a U.S. commercial launch of the product later that year.
Pixclara, a fluorine-18-labelled PET agent, is designed to improve the imaging of gliomas—primary brain tumours that are notoriously hard to manage due to their aggressive nature and challenging diagnosis. Pixclara’s approval would fill a critical gap in the U.S. market, as there is currently no FDA-approved, targeted amino acid PET agent for imaging gliomas in both adult and paediatric patients.
Pixclara aims to break through this diagnostic barrier by offering more biologically specific imaging. Where MRI relies heavily on disruption to the blood-brain barrier and lacks precision in differentiating tumour growth from treatment-related changes, Pixclara’s use of amino acid transporter proteins promises a more targeted approach. This ability to enhance decision-making in the treatment of glioma could save crucial time in adjusting or intensifying therapy, improving patient outcomes in what is often a race against the clock.
The FDA has recognised Pixclara's potential, granting it both orphan drug status and a fast track designation. These designations acknowledge the severity of glioma as a disease with unmet medical needs and pave the way for expedited development and review.
Telix’s CEO of Precision Medicine, Kevin Richardson, highlighted the importance of the FDA’s decision, stating that “the approval of Pixclara will drive a step-change for brain cancer imaging in the U.S., and bring it into line with a more advanced standard of care currently used in other markets.”
In addition to potentially revolutionising brain cancer diagnosis, Telix is exploring Pixclara’s role as a companion diagnostic agent to its investigational treatment, TLX101-Tx. This therapy, targeting the same amino acid transporters as Pixclara, is in the development pipeline for treating glioblastoma (GBM), the most aggressive form of glioma.
The acceptance of the NDA for Pixclara comes amid growing recognition of the need for precision medicine in oncology, where therapies are becoming increasingly tailored to individual patient profiles. Should Pixclara secure FDA approval, it would align the U.S. more closely with European standards, where FET PET (the core technology behind Pixclara) is already integrated into clinical guidelines for glioma imaging.
This announcement also reinforces Telix’s growing global footprint in radiopharmaceuticals. While its first imaging product, Illuccix®, has already secured approval in key markets like the U.S., Australia, and Canada, Pixclara represents a fresh push into the neuro-oncology space—a sector ripe for innovation, given the immense challenges of diagnosing and treating CNS tumours.
While the April 2025 PDUFA date represents a significant milestone, Telix is also gearing up for future challenges in manufacturing, commercialisation, and ensuring Pixclara’s integration into U.S. healthcare systems. Nevertheless, investors will be watching closely, with Telix’s stock likely to reflect the growing anticipation around this pivotal moment for the company.
In the high-stakes world of biotech, securing FDA priority review is a major win. And if all goes well, Pixclara could soon become a crucial tool in the fight against one of the most devastating forms of cancer.