TLX 0.70% $18.61 telix pharmaceuticals limited

Is a $2,131,889,198.56 market cap justified, page-26

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    That report is incredibly confused in its discussion of competitors to 68GA-PSMA11 (Illucix)

    In their consideration of the comparison of 68GA-PSMA11 to 18F-DCFPyL they conclude they are about the same in terms of diagnostic value but they then go on to cite a paper that compared 68Ga-PSMA to 18F-Fluciclovine that reached the conclusion that 68Ga-PSMA was superior.

    The problem is that 18F-Fluciclovine is an older class of tracer nothing like 18F-DCFPyL and is no way a serious competitor to Illucix. To make the report harder to read they don't refer to 18F-Fluciclovine by name instead they just call it 18F PET CT which is a fairly meaningless term which could confusingly also include 18F-DCFPyL.

    I can't decide if they were simply out of their depth or were deliberately trying to downplay competition.
 
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