Clarity Plans Phase Three Registrational Study of Neuroendocrine Tumor Treatment Candidate; Shares Jump 12%

MT Newswires Live

Jul 31

Clarity Pharmaceuticals (ASX:CU6) plans to conduct a registrational phase three trial of the copper-64-SARTATE treatment candidate in neuroendocrine tumors, following an end of phase meeting with the US Food and Drug Administration, according to a Friday Australian bourse filing.

Trial recruitment remains ongoing in the firm's Clarify phase three registrational trial for copper-64-SAR-bisPSMA as a diagnostic agent in patients with prostate cancer prior to undergoing radical prostatectomy. It is a non-randomized, open-label clinical trial in around 383 participants.

The company held a cash position of AU$178.3 million as of June 30, per the filing. It said it holds over 60% of cash reserves in US dollars, adding that the recent appreciation of the Australian dollar resulted in an unrealized exchange loss of AU$5.9 million as of June 30.

Clarity Pharmaceuticals' shares jumped nearly 12% in recent trading on Friday.

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It is a non-randomized, open-label clinical trial in around 383 participants.</p><p>The company held a cash position of AU$178.3 million as of June 30, per the filing. It said it holds over 60% of cash reserves in US dollars, adding that the recent appreciation of the Australian dollar resulted in an unrealized exchange loss of AU$5.9 million as of June 30.</p><p>Clarity Pharmaceuticals' shares jumped nearly 12% in recent trading on Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7096","symbol_name":"制药","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2655339495","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2655339495","pubTimestamp":1785471933,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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It is a non-randomized, open-label clinical trial in around 383 participants.The company held a cash position of AU$178.3 million as of June 30, per the filing. It said it holds over 60% of cash reserves in US dollars, adding that the recent appreciation of the Australian dollar resulted in an unrealized exchange loss of AU$5.9 million as of June 30.Clarity Pharmaceuticals' shares jumped nearly 12% in recent trading on Friday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}