CNBC May 23, 2024
Michelle Fox

Key Points

– Targeted radiopharmaceuticals has caught the eye of big pharma.

– The therapy delivers radiation directly into tumors by attaching a radioactive particle to a targeting molecule.

– RBC Capital Markets sees a $25 billion market opportunity for the space.

Big pharma is betting billions on an up-and-coming class of cancer treatments that some on Wall Street are calling a “massive opportunity.”

It’s called targeted radiopharmaceutical therapy. It essentially delivers radiation directly into tumors by attaching a radioactive particle to a targeting molecule.

RBC Capital Markets sees a $25 billion market opportunity for the space.

“We believe TRT development is still in its early stages, and next-generation technologies that enable improvements in therapeutic potency and address a wider...

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Topics: Biotechnology, Investments, Mergers & Acquisitions / JV, Pharma, Pharma / Biotech, Trends
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