Nick Lorusso's questions to Telix Pharmaceuticals (TLX) leadership • H1 2025
Question
Nick Lorusso, on behalf of Tara Bancroft at TD Cowen, questioned the drivers behind the 2025 revenue guidance, asking if slowing Elucix sales growth was due to the loss of pass-through status and if Gozelix could reignite growth.
Answer
Group CEO Christian Behrenbruch stated that despite Elucix losing pass-through status, dose volumes grew 7% quarter-over-quarter. He explained that the company took specific commercial actions to stabilize its customer base ahead of Gozelix gaining reimbursement in Q4, which is a key part of their differentiated growth strategy. Kevin Richardson, CEO of Telix Precision Medicine, added that the sales team continues to focus on the product's clinical accuracy and reliability.