On Target · Issue 8•Week Ending September 11, 2026
PSMA PET Moves Earlier as the Target Becomes a Platform
PSMA PET & Theranostics IntelligencePre-Biopsy Imaging16 primary sources
Editor’s Spotlight
PSMA PET moved a step earlier in the diagnostic pathway this week, as Telix completed Phase 3 BiPASS enrollment and aligned with the FDA on a pre-biopsy NDA pathway, and previously published DEPROMP data, revisited in JNM this week, found PSMA PET changes management in 34% of biopsy-naive men. At the same time, the PSMA target itself is widening beyond radioligand therapy: China cleared InnoCare’s PSMA/STEAP1 bispecific antibody-drug conjugate for trials this week, while Lantheus set an October 14 vote on Curium’s $8 billion buyout.
Story of the Week
Telix completed enrollment of 350 patients in its Phase 3 BiPASS trial on September 2 and has positively engaged the FDA on an NDA pathway that would bring reimbursed 68Ga-PSMA-PET into the pre-biopsy setting for the first time. If that pathway holds, PSMA PET moves from a staging and recurrence tool into a materially larger pre-biopsy screening population — a shift with direct implications for imaging capacity, referral pathways, and reimbursement modeling.
Clinical News
A four-institution JNM study matched 18F-DCFPyL PET parameters to histopathology, establishing SUV and lesion-uptake thresholds that separate malignant from benign prostate tissue — a step toward more objective, less reader-dependent interpretation, though the thresholds still need external validation before they change routine reporting.
The DEPROMP phase 2 trial, published in JNM in December 2025 and revisited in a letter to the editor this week, found PSMA PET/CT ahead of multiparametric MRI altered planned management in 34% of the 137 men with confirmed prostate cancer. The cohort was recruited between 2021 and 2023 from a single referral population, so it supports the BiPASS direction rather than independently confirming it.
InnoCare’s ICP-B381, a bispecific antibody-drug conjugate targeting both PSMA and STEAP1, received NMPA clearance to begin trials — an early-stage signal, not a validated therapy, but a sign the PSMA target is attracting approaches well beyond radioligand therapy.
Business & Industry Intelligence
Lantheus set an October 14 special meeting for shareholders to vote on Curium’s up to $8 billion acquisition, $102.50 per share plus up to $12.00 in contingent value rights, combining two of the sector’s largest manufacturing and distribution networks.
Norroy Bioscience received NMPA clearance on September 2 to begin a randomized Phase 3 study of 177Lu-NYM032 in PSMA-positive mCRPC patients — a new entrant into the crowded lutetium field.
Clinical Trials to Watch
BiPASS / Telix — Phase 3, pre-biopsy 68Ga-PSMA-PET; enrollment complete September 2, FDA NDA pathway underway.
177Lu-NYM032 / Norroy Bioscience — Phase 3, PSMA-positive mCRPC; China NMPA clearance granted September 2.
FPI-2265 / Fusion Pharmaceuticals (AstraZeneca) — Phase 2/3 AlphaBreak, Ac-225 PSMA-I&T in mCRPC, enrolling patients who have progressed after 177Lu-PSMA therapy.
225Ac-PSMA-Trillium / Bayer — Phase 1 PAnTHa, alpha-emitter entrant from a major pharma.
Industry Movers & News in Brief
Lantheus set an October 14 special meeting for shareholders to vote on Curium’s up to $8 billion buyout ($102.50 per share plus up to $12.00 in contingent value rights), combining two of the sector’s largest manufacturing and distribution networks.
A letter in JNM argues the acquisition cost used in a recent U.S. cost-effectiveness analysis of 177Lu-PSMA-617 was set too low, making the published economics look more favorable than they are.
Oklo’s Groves isotope test reactor achieved first criticality on August 5, a low-power test unit intended to establish the basis for future US-sited isotope manufacturing and reduce import dependency.
The AUA/SUO’s July 2026 guideline amendment formalized PSMA PET’s expanded role and set specific criteria for offering Lu-PSMA-617 after ARPI progression.
Upcoming events: Telix R&D Day September 22, New York, NY; ASTRO 2026 Annual Meeting September 26–30, Boston, MA; EANM’26 Annual Congress October 17–21, Vienna, Austria; and Advanced PET Imaging, Nuclear Medicine & Therapy October 22–23, Las Vegas, NV.
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.

