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Telix Pharmaceuticals (TLX) Doses First Patient in Phase 3 Trial for Brain Cancer Therapy

​Telix Pharmaceuticals Limited (NASDAQ:TLX) is one of the 10 Overlooked Growth Stocks to Buy Now.

​Telix Pharmaceuticals Limited (NASDAQ:TLX) is one of the overlooked growth stocks to buy now. On April 14, Telix Pharmaceuticals announced the dosing of the first patient in its pivotal Phase 3 IPAX-BrIGHT trial. This marks a historic milestone as the first radiopharmaceutical therapy to reach Phase 3 development for recurrent glioblastoma, a highly aggressive and difficult-to-treat form of brain cancer. The trial is evaluating the safety and efficacy of TLX101-Tx (¹³¹I-iodofalan) in combination with the chemotherapy drug lomustine, compared to chemotherapy alone.

The treatment uses a novel small-molecule approach to target the L-type amino acid transporter 1 (LAT1). Because LAT1 is overexpressed in glioblastoma cells, the radiopharmaceutical can successfully cross the blood-brain barrier to deliver targeted radiation directly to the tumor site. This mechanism is particularly significant given that only two drugs have been FDA-approved for glioblastoma in the last 25 years, and there is currently no established standard of care for patients once the disease recurs.

The Phase 3 study builds on encouraging data from earlier trials, such as IPAX-1, which showed a median overall survival of 13 months from the start of treatment. In the IPAX-BrIGHT trial, Telix’s companion PET imaging agent, TLX101-Px, will be used to select eligible patients and monitor their metabolic response to the therapy. With regulatory approvals already secured in Australia and several European nations, ​Telix Pharmaceuticals Limited (NASDAQ:TLX) aims for this registration-enabling study to establish a first-in-class therapy for a patient population with very limited options.

​Telix Pharmaceuticals Limited (NASDAQ:TLX) is a biopharma company that specializes in therapeutic and diagnostic radiopharmaceuticals and associated medical technologies. The company develops clinical and commercial-stage products to address unmet medical needs in oncology and rare diseases.

While we acknowledge the risk and potential of TLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TLX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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