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Radiopharm Theranostics (ASX: RAD) shares jump on promising results from DUNP19 cancer study - Kalkine Media

February 05, 2024 12:50 PM AEDT | By Sonal Goyal
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Highlights

  • A study featuring DUNP19 (RAD 502) has shown promise in cancer treatment.
  • The study showed that DUNP19 (RAD 502) can be used in multiple cancer models to halt tumor progression and prolong survival.
  • The DUNP19 platform has significant potential to preselect patients with LRR15-expressing tumors for therapeutic dosing with 177Lu-DUNP19.

Shares of Radiopharm Theranostics Limited (ASX: RAD) surged by 10.45% during the early morning trading hours on 5 February 2024.

The jump in share price followed a company update, highlighting  that a study featuring DUNP19 (RAD 502) has shown promise in cancer treatment. The study was undertaken by Dr. David Ulmert and colleagues from the University of California, Los Angeles.

About the study

The title of the study is –

The research shows for the first time the use of DUNP19 in multiple cancer models for identifying and targeting Leucine-Rich Repeat Containing 15 (LRRC15)-expressing cancers.

Data source: company update

Promising study outcomes

The findings propose a novel technique for treating and imaging various aggressive tumors that express LRRC15 and have limited targeted therapy options. The outcomes also give preliminary evidence of 177Lu-DUNP19 capability to target pathways included in immunotherapy resistance and a poor prognosis.

DUNP19 platform has significant potential to preselect patients with LRR15-expressing tumors for therapeutic dosing with 177Lu-DUNP19.

DUNP19 (RAD 501) is presently under pre-clinical investigation as a therapeutic monoclonal antibody labelled with the beta-emitting radioisotope Terbium-161.

RAD shares traded at AU$0.074 apiece at the time of writing on 5 February 2024.


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