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Perspective Therapeutics, Inc. - CATX STOCK NEWS

Welcome to our dedicated page for Perspective Therapeutics news (Ticker: CATX), a resource for investors and traders seeking the latest updates and insights on Perspective Therapeutics stock.

Perspective Therapeutics, Inc. (symbol: CATX) is a cutting-edge medical technology and radiopharmaceutical company focused on pioneering innovative cancer treatments. The company has developed a proprietary technology that uses the alpha-emitting isotope 212Pb to target and destroy cancer cells with precision, minimizing damage to surrounding healthy tissues. This breakthrough technology is designed to deliver potent radiation directly to cancer cells via specialized targeting peptides, offering a promising alternative to traditional cancer treatments.

One of Perspective Therapeutics' most notable advancements is the introduction of cesium-131 for brachytherapy, a form of cancer treatment that involves implanting radioactive seeds directly into the cancerous tissue. This method, initially theorized in the 1960s but only recently made feasible by advancements in science and technology, provides a highly effective treatment for prostate cancer and other types of tumors. The company has invested millions of dollars and decades of research to bring this groundbreaking treatment to top medical centers, hospitals, and clinics across the United States.

Perspective Therapeutics is not only focused on improving existing cancer therapies but also actively participates in regulatory programs to advance their pipeline of innovative treatments. For instance, the company has engaged in the Chemistry, Manufacturing, and Controls Development and Readiness Pilot Program, as announced in the Federal Register. This program aims to ensure that their manufacturing processes meet the highest standards of quality and readiness for clinical application.

The company's financial condition remains robust, supported by strategic partnerships and ongoing research and development efforts. With a commitment to advancing cancer care, Perspective Therapeutics continues to explore new applications for their technologies, aiming to improve patient outcomes and expand their product offerings.

For investors and stakeholders, keeping an eye on Perspective Therapeutics' latest developments and financial performance is crucial. The company's innovative approach to cancer treatment and continuous efforts in research and development make it a significant player in the medical technology and radiopharmaceutical industry.

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Perspective Therapeutics, Inc. (CATX) announces strategic agreements with Lantheus Holdings, Inc. (LNTH) for the development of therapeutic candidates targeting prostate cancer and neuroendocrine tumors. Lantheus will invest up to $33 million in Perspective Therapeutics equity and has the option to negotiate an exclusive license for certain early-stage therapeutic candidates. Additionally, Perspective Therapeutics will acquire Lantheus' radiopharmaceutical manufacturing facility in New Jersey.
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Perspective Therapeutics, Inc. (CATX) has entered into a patent license agreement with Mayo Clinic for the PSMA Alpha-PET DoubLET platform technology, which represents a potential leap forward in the field of prostate cancer diagnostics and treatment. The platform provides detailed PET imaging-based diagnosis and dosimetry using long-lived copper-64 (64Cu) for imaging and alpha-particle targeted RPT using lead-212 (212Pb). Preclinical studies demonstrated a high degree of radiation delivered to tumors while minimizing exposure to critical organs and tissues.
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Perspective Therapeutics, Inc. (CATX) CEO to Present at 42nd Annual J.P. Morgan Healthcare Conference
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Perspective Therapeutics, Inc. (CATX) has agreed to divest its brachytherapy business, including its radioactive Cesium-131 seed assets and related business infrastructure, to GT Medical Technologies, Inc. The transaction is expected to close in the first quarter of 2024. Perspective will receive an equity interest in GT Medical and cash royalties on net sales of Cesium-131 seeds and GT Medical’s GammaTile therapy for four years following the closing of the transaction. The sale allows Perspective to focus on accelerating the clinical development of its proprietary alpha-particle therapy portfolio, VMT01 and VMT-α-NET, and unlocks shareholder value.
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Perspective Therapeutics, Inc. (CATX) announced the dosing of the first U.S. patient with refractory or relapsed SSTR2-positive neuroendocrine tumors in an investigator-initiated Phase 1 trial for [212Pb]VMT-α-NET. Preliminary data readout is expected in the second half of 2024.
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Perspective Therapeutics, Inc. (CATX) announced the publication of the first human SPECT images utilizing the alpha-emitting isotope of 212Pb, labeled to the Company’s proprietary theranostic VMT-α-NET product. The imaging was conducted as part of a clinical study at Technical University of Dresden in Germany. The patient received 90 MBq (2.4mCi) of [212Pb]VMT-α-NET intravenously, and whole-body scintigraphy and SPECT/CT images were acquired 2 hours, 5 hours, and 19 hours after injection. The SPECT/CT images showed high accumulation of [212Pb]VMT-α-NET in liver metastases and were consistent with the previously acquired [68Ga]DOTATATE PET/CT. The publication is available in the European Journal of Nuclear Medicine and Molecular Imaging.
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Perspective Therapeutics, Inc. (CATX) announced the publication of four preclinical studies in support of its discovery pipeline, demonstrating compelling results and continued support for ongoing clinical efforts to advance its novel lead-based targeted alpha-particle therapies.
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Perspective Therapeutics, Inc. (NYSE AMERICAN: CATX) completes cohort 1 dosing in Phase 1/2a clinical trial of [212Pb]VMT-α-NET for patients with unresectable or metastatic somatostatin receptor type 2 (SSTR2)-expressing neuroendocrine tumors (NETs). Rapid recruitment reflects demand for potent alpha-particle therapies. Two active clinical trial sites with plans for 14 more throughout the U.S.
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Perspective Therapeutics, Inc. (NYSE AMERICAN: CATX) announced Q3 financial results and recent business highlights. The company's CEO, Thijs Spoor, highlighted the completion of dosing of the first patient in the Phase 1/2a clinical trial of [212Pb]VMT-α-NET for neuroendocrine tumors. The company also saw a rebound in the number of patients treated with Cesium-131, marking a return to growth. Notable achievements include significant progress in clinical trials of [212Pb]VMT-α-NET and [212Pb]VMT01, along with positive revenue growth and gross profit increase of 77% compared to the same period last year.
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Perspective Therapeutics, Inc. (CATX) announced the dosing of the first patient in their Phase 1/2a trial for [212Pb]VMT-α-NET, a targeted alpha-particle therapy for neuroendocrine tumors. The trial aims to evaluate safety and efficacy, with promising data from an investigator-led study in India. With FDA Fast Track Designation, the company plans to advance this product rapidly.
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FAQ

What is the current stock price of Perspective Therapeutics (CATX)?

The current stock price of Perspective Therapeutics (CATX) is $2.85 as of December 20, 2024.

What is the market cap of Perspective Therapeutics (CATX)?

The market cap of Perspective Therapeutics (CATX) is approximately 197.4M.

What is Perspective Therapeutics, Inc.?

Perspective Therapeutics, Inc. is a medical technology and radiopharmaceutical company focused on developing innovative cancer treatments using advanced isotopes and targeting peptides.

What is cesium-131 brachytherapy?

Cesium-131 brachytherapy is a cancer treatment that involves implanting radioactive seeds directly into cancerous tissue, providing precise and effective radiation therapy.

How does Perspective Therapeutics use the isotope 212Pb?

The company uses the alpha-emitting isotope 212Pb to deliver powerful radiation specifically to cancer cells via specialized targeting peptides, minimizing damage to healthy tissues.

What are some recent achievements of Perspective Therapeutics?

Recent achievements include the successful introduction of cesium-131 for brachytherapy and participation in the Chemistry, Manufacturing, and Controls Development and Readiness Pilot Program.

Where can I find the latest news about Perspective Therapeutics?

The latest news about Perspective Therapeutics can be found on their official website and financial news platforms such as StockTitan.

What is brachytherapy?

Brachytherapy is a form of cancer treatment that involves placing radioactive seeds directly into or near a tumor, delivering targeted radiation therapy.

Is Perspective Therapeutics a publicly traded company?

Yes, Perspective Therapeutics, Inc. is publicly traded under the symbol CATX.

What types of cancer can be treated with Perspective Therapeutics' technology?

Their technologies are designed to treat various types of cancer, including prostate cancer and other tumors that can benefit from targeted radiation therapy.

How does the company's financial condition support its research and development?

Perspective Therapeutics maintains a strong financial condition through strategic partnerships and investments in ongoing research and development efforts to advance their cancer treatment technologies.

What is the significance of the Federal Register program mentioned?

The Chemistry, Manufacturing, and Controls Development and Readiness Pilot Program ensures that Perspective Therapeutics' manufacturing processes meet high standards of quality, preparing them for clinical application.

Perspective Therapeutics, Inc.

NYSE:CATX

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197.36M
53.79M
20.46%
81.44%
12.25%
Medical Devices
Surgical & Medical Instruments & Apparatus
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