Highlights
- Radiopharm Theranostics has received the US FDA IND approval to begin a Phase I clinical trial for RV-01 (Betabart).
- RV-01 is a first-in-class Lu177-conjugated monoclonal antibody targeting B7-H3, a protein highly expressed in solid tumors and minimally in normal tissues.
- The first-in-human trial is expected to begin in the fourth quarter of 2025.
Radiopharm Theranostics Limited (ASX:RAD, Nasdaq:RADX), a clinical-stage biopharmaceutical company, has announced that the U.S. Food and Drug Administration (FDA) has approved its Investigational New Drug (IND) application for its radiotherapeutic candidate, RV-01 (Betabart).
This approval enables Radiopharm Theranostics to initiate a Phase I first-in-human clinical trial targeting solid tumors. The study is expected to begin in the fourth quarter of 2025 in collaboration with the MD Anderson Cancer Center.
RV-01, a Lu177-B7H3 monoclonal antibody, is a first-in-class targeted radiopharmaceutical targeting the 4Ig isoform of B7-H3, an immune checkpoint molecule commonly overexpressed in multiple tumor types but largely absent in healthy tissues.
RAD shares were trading 4.35% higher at AUD 0.024 per share at the time of writing on 28 July 2025.