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Radiopharm Theranostics Partners with Starpharma to Develop Novel Radiopharmaceutical

Story Highlights
  • Radiopharm Theranostics partners with Starpharma to develop a new radiopharmaceutical.
  • The collaboration offers strategic advancement and potential financial gains for both companies.
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Radiopharm Theranostics Partners with Starpharma to Develop Novel Radiopharmaceutical

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Radiopharm Theranostics Limited ( (AU:RAD) ) just unveiled an announcement.

Radiopharm Theranostics has entered into a research and option agreement with Starpharma to develop a novel radiopharmaceutical drug conjugate using Starpharma’s DEP® platform technology. This collaboration marks a significant strategic step for Radiopharm in advancing targeted cancer therapies and offers Starpharma the potential for substantial financial returns through licensing fees and milestone payments, highlighting the impact on both companies’ operations and their positions in the oncology market.

The most recent analyst rating on (AU:RAD) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Radiopharm Theranostics Limited stock, see the AU:RAD Stock Forecast page.

More about Radiopharm Theranostics Limited

Radiopharm Theranostics is a clinical-stage biopharmaceutical company specializing in developing innovative radiopharmaceutical products for oncology, focusing on areas with high unmet medical needs. The company is listed on ASX and NASDAQ and has a diverse pipeline of technologies including peptides, small molecules, and monoclonal antibodies for cancer treatment.

Average Trading Volume: 3,947,480

Technical Sentiment Signal: Hold

Current Market Cap: A$68.58M

For an in-depth examination of RAD stock, go to TipRanks’ Overview page.

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