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Telix Pharmaceuticals (TLX) in our theses

Telix Pharmaceuticals appears in one of our theses. Below is why it entered the basket and how it has done since publication.

Theses holding it
1
Average return
-10.1%
since publication
Last price
15.62 AUD
August 22, 2026
Live August 20, 2026 · supply and demand · edge 57

Radiopharmaceuticals cannot be stockpiled: the cancer isotope boom pays the networks, not the molecules

Every radioligand dose decays within days, so scale depends on licensed hot cells near patients, and that is where the profit pool quietly sits.

Why this company: Commercial imaging revenue funds a buildout of its own isotope production and manufacturing sites, making it the rare radiopharma company that is integrating the delivery network rather than renting it.

TLX since this thesis was published: -10.1% · whole basket -2.9%

Where these numbers come from

The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.

This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.

See all of our theses

Each with a publication date, a causal map and a score assigned before the market ruled.

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