On Target · Issue 14•Week Ending October 23, 2026

Radioligand Diversification, Not Just Consolidation

PSMA PET & Theranostics IntelligenceBeyond PSMA12 primary sources

Diana’s opening noteEANM week always brings a flood of data, but this year it also brought a reminder that supply and science move on separate clocks. We got real head-to-head imaging results and first-in-human therapy data this week — and, in the same 48 hours, a reminder that the deal reshaping who controls PSMA supply is not yet done with regulators. Read both halves of this issue together.

Editor’s Spotlight

EANM’s 39th Congress drew roughly 10,000 attendees to Vienna this week with new PSMA-adjacent radioligand data in HER2, HER3, and c-MET targets, even as Lantheus and Curium’s $8 billion merger hit a regulatory speed bump: the FTC issued a Second Request on October 21, extending its antitrust review. Clinical diversification and deal-making friction are now unfolding on the same calendar, and programs should be watching both.

Story of the Week

A Clarity Pharmaceuticals trial presented at EANM found that 64Cu-SAR-bisPSMA caught far more disease than standard PSMA PET in men with low-PSA recurrence after prostatectomy — a 71% vs. 29% true-positive rate, with significantly more lesions detected per patient (1.26 vs. 0.48, p<0.0001). A companion therapy trial in the same program reported two mCRPC patients reaching undetectable PSA, and a related case report found that next-day imaging with the same tracer found 2.25 times more lesions than same-day imaging, changing management in all three patients studied. Taken together, it is one of the more direct head-to-head demonstrations this year that imaging agent choice can materially change what disease a program finds.

Clinical News

Clarity Pharmaceuticals’ head-to-head PSMA PET trial at EANM reported a 71% vs. 29% true-positive rate for 64Cu-SAR-bisPSMA over standard PSMA PET in low-PSA recurrence, with a companion therapy trial showing two mCRPC patients reaching undetectable PSA.

Actinium Pharmaceuticals reported first-in-human data for ATNM-400 at EANM on October 19, a HER3-targeted alpha therapy aimed at PSMA-low and PSMA-negative prostate cancer: no dose-limiting toxicities in the first three mCRPC patients, with dosing now advancing to higher cohorts.

Affibody presented Phase I first-in-human data for ABY-271 at EANM on October 19, a lutetium-177 HER2-targeted radioligand therapy in HER2-positive metastatic breast cancer, alongside a companion PET imaging agent intended to help select likely responders.

Business & Industry Intelligence

Lantheus and Curium received a Second Request from the FTC on October 21, extending antitrust review of their $8 billion merger; both companies still expect the deal to close in the first half of 2027.

Nuclidium and NorthStar Medical Technologies signed a long-term copper-67 supply and manufacturing partnership on October 19, securing isotope production for Nuclidium’s prostate and breast cancer radiotherapy candidates.

Full-Life Technologies’ c-MET-targeted alpha therapy FL-261 cleared regulatory review in the US, Australia, and China to begin Phase 1 testing, backed by first-in-human imaging data in a 10-patient NSCLC cohort presented at EANM on October 21.

Practice insightConfirm alpha-emitter allocation before the field gets more crowded.HER3 and c-MET radioligand data this week signal that alpha-emitter supply — already tight for PSMA programs — will soon be shared across tumor types. Document isotope commitments and track the Curium-Lantheus FTC timeline before assuming today’s PSMA agent distribution holds.

Clinical Trials to Watch

Co-PSMA (Clarity Pharmaceuticals) — head-to-head imaging trial found 64Cu-SAR-bisPSMA nearly tripled lesion detection over standard PSMA PET in low-PSA recurrence.

SECuRE (Clarity Pharmaceuticals) — Phase I/IIa therapy trial of 67Cu-SAR-bisPSMA; two mCRPC patients reached undetectable PSA at EANM.

ATNM-400 (Actinium Pharmaceuticals) — Phase 1 dose-escalation of a HER3-targeted alpha therapy; dosing advancing after a clean first cohort.

Ac-225-FL-261 (Full-Life Technologies) — Phase 1 c-MET-targeted alpha therapy cleared to begin in the US, Australia, and China, backed by first-in-human NSCLC imaging data at EANM.

Industry Movers & News in Brief

EANM’s 2026 congress featured a dedicated EU policy symposium on radioligand-therapy regulation and access, signaling the field’s shift from proving efficacy to scaling delivery across health systems.

Radiopharmaceutical-therapy clinical trials have more than doubled since 2015, per EANM, as alpha- and beta-emitter pipelines diversify beyond PSMA into HER2, HER3, and c-MET targets.

Full-Life’s imaging data showed tumor uptake of its c-MET tracer correlated significantly with c-MET expression (Spearman rho 0.82, p=0.034), supporting patient selection before therapy.

A separate Clarity case report found next-day 64Cu-SAR-bisPSMA imaging found 2.25 times more lesions than same-day imaging, changing management in all three patients studied.

Upcoming events: ESMO Congress 2026 October 23–27, Madrid, Spain; the SNMMI Theranostics Conference November 4–7, Rockville, MD; RSNA 2026 November 29–December 3, Chicago, IL; SUO 2026 (27th Annual Meeting, Society of Urologic Oncology) December 2–4, San Diego, CA; and ASCO GU 2027 February 11–13, San Francisco, CA.

Diana’s takeThe real story this week is diversification, not just consolidation. HER3 and c-MET radioligand programs now draw on the same alpha-emitter supply PSMA therapies depend on, while the Curium-Lantheus merger sits with federal regulators. Model your isotope dependencies now, before broader competition catches your program flat-footed.

About the author
Diana J. Errico is Director, Strategic Service Lines at Molecular Imaging Services. She focuses on helping healthcare organizations evaluate, implement, and grow advanced molecular imaging, PET/CT, PSMA PET, and theranostics programs through strategic planning, clinical workflow development, and operational support.

If we missed your news or data requires correction, the author can be reached at info@mismedical.com.

#PSMAPET  #Theranostics  #MolecularImaging  #ProstateCancer  #NuclearMedicine  #Radiopharmaceuticals  #Urology  #Oncology  #HealthcareStrategy

This newsletter is for informational and educational purposes only and does not constitute medical, legal, investment, or reimbursement advice. Readers should consult their own professional advisors for specific guidance.

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