Clarity Pharmaceuticals Ltd (CU6.AU) saw its stock price soar 5.15% during intraday trading on Wednesday, following the announcement of a significant commercial manufacturing agreement.
The company signed a deal with Nucleus RadioPharma for the manufacturing of Cu-64 SAR-bisPSMA. The agreement covers Nucleus's facility in Rochester, Minnesota, which has a capacity of approximately 50,000 patient doses per year. It also includes a planned site in Spring House, Pennsylvania, targeted to open in 2028 with a capacity of up to 600,000 doses per year.
This manufacturing network is positioned to support the anticipated commercial launch of Cu-64 SAR-bisPSMA following the completion of Phase III trials (AMPLIFY and CLARIFY) and pending FDA New Drug Application approval. The commercial contract took effect on April 14, 2026, the day prior to the stock's movement.