Telix Pharmaceuticals and Grupo RPH Sign LATAM Manufacturing and Distribution Agreement
Telix Pharmaceuticals Limited, a clinical-stage biopharmaceutical company focused on the development of diagnostic and therapeutic products based on targeted radiopharmaceuticals or “molecularly-targeted radiation” (MTR) has today announced the appointment of Grupo RPH as contract manufacturer and product distribution partner for Brazil. The partnership will initially focus on TLX591-CDx (68Ga-PSMA-11) for the imaging of prostate cancer but the agreement is structured to be able to include other Telix products in the future.
Grupo RPH Managing Director, Rafael Madke stated, “Telix’s rapid growth over the past twelve months has been impressive, with a promising product portfolio for the Latin American market. With the strong position of Grupo RPH in Brazil and our extensive capability to manufacture and distribute nuclear medicine products, we aim to support Telix’s commercial objectives in a cost and operationally-effective way for our region.”
Telix Pharmaceuticals VP Corporate Development, Ludovic Wouters, noted: “This partnership with Grupo RPH opens us a large and rapidly-growing market for gallium-68 based radiopharmaceuticals. We are delighted to be working work such a capable partner to bring our prostate imaging technology to the LATAM market, with the potential of other product collaborations in the future.”
The agreement grants exclusive right for the manufacturing and distribution of the TLX591-Cdx (68Ga-PSMA-11) cold kit for the Brazilian market.