ECKERT & ZIEGLER STRAHLEN- UND MEDIZINTECHNIK AG

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Eckert & Ziegler Strahlen und Medizintechnik : Telix and Eckert & Ziegler Sign US Co-Promotion Agreement for Prostate Cancer Imaging

06/03/2021 | 09:29am EDT

Melbourne (Australia) and Indianapolis, IN (U.S.A.) - Telix announces co-promotion agreement with EZAG for Telix's investigational prostate cancer imaging product Illuccix and EZAG's GalliaPharm gallium-68 generator.

Telix is pleased to announce that it has entered into a co-promotion agreement in the United States with Berlin-based Eckert & Ziegler Strahlen und Medizintechnik AG (EZAG) for the combination of EZAG's GalliaPharm (gallium-68 generator) and Telix's investigational prostate cancer imaging product Illuccix (Kit for the preparation of 68Ga-PSMA-11 injection).

Under the terms of the agreement, Telix and EZAG will expand their existing collaboration to further develop access to Ga-68 supply in the United States. The parties will co-promote Illuccix and GalliaPharm to ensure healthcare providers nationwide have secure access to Illuccix and Ga-68 generators.

Telix Americas President Dr. Bernard Lambert stated, 'This important cooperation between EZAG and Telix sales teams is highly complementary to our efforts in rolling out 68Ga-PSMA imaging across the US. Subject to FDA approval, we will together raise awareness of this state-of-the-art imaging modality and facilitate coast-to-coast access for US men living with prostate cancer.'

EZAG Executive Director and responsible for the Medical segment, Dr Harald Hasselmann added, 'After previously being granted distribution rights for Germany, our home market, the latest collaboration marks another important milestone for our 68Ga generator GalliaPharm and our nuclear medicine activities. We are pleased to have Telix as a partner and to be able to jointly deliver leading-edge diagnostic products to prostate cancer patients in the USA.'

Contact:

Suite 401 55 Flemington Road

North Melbourne, VIC

Australia, 3051

Email: info@telixpharma.com

(C) 2021 Electronic News Publishing, source ENP Newswire

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Sales 2022 205 M 216 M 216 M
Net income 2022 30,7 M 32,3 M 32,3 M
Net cash 2022 55,7 M 58,7 M 58,7 M
P/E ratio 2022 28,8x
Yield 2022 1,17%
Capitalization 890 M 938 M 938 M
EV / Sales 2022 4,07x
EV / Sales 2023 3,91x
Nbr of Employees 866
Free-Float 67,1%
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Last Close Price 42,90 €
Average target price 152,00 €
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Andreas Eckert Chairman-Executive Board
Wolfgang Maennig Chairman-Supervisory Board
Helmut Grothe Vice Chairman-Supervisory Board
Albert Rupprecht Member-Supervisory Board
Edgar Löffler Member-Supervisory Board
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