Starburst can be huge but could still be years away and we dont know the results from phase 2 so wont comment on that. If Tlx591 can replicate phase 2, it could be a blockbuster drug.
it is true csl is a top biotech and telix needs years to prove itself so would not compare tlx with csl at this stage. Take note, csl has 483m shares on issue compared to telix of 330m shares (could be slightly higher because of the recent purchase). Telix probably have less competition with their products so can get higher margin. We have to wait and see what happens. Tlx actually reminds me of sirtex. From memory, Last CEO of sirtex had enough and stopped all R&D and then they generated a huge profit so sp went higher and then they sold the company. That was one of my mistake selling sirtex early so I dont want to make the same mistake with TLX.
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