Clarity Pharmaceuticals Signs Manufacturing Deal for Diagnostic Product; Shares Rise 5%

MT Newswires Live
17 Jun

Clarity Pharmaceuticals (ASX:CU6) signed a commercial manufacturing agreement with SpectronRx for its diagnostic product, 64Cu-SAR-bisPSMA, according to a Tuesday filing with the Australian bourse.

SpectronRx's Indiana facility will offer on-demand commercial-scale manufacturing of copper-64 and 64Cu-SAR-bisPSMA, enabling distribution to all 50 states, the filing said.

The agreement allows for expansion into additional sites, increasing the manufacturing capacity of patient-ready doses of 64Cu-SAR-bisPSMA in US regional hubs, per the filing.

Shares rose 5% in midday trade on Tuesday.

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