Regeneron and Telix form $2.1 billion radiopharmaceutical partnership

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Regeneron and Telix Announce Strategic Radiopharma Collaboration

April 13, 2026 6:30 AM EDT

Regeneron and Telix to co-develop and co-commercialize next-generation radiopharmaceutical therapies in a 50/50 cost and profit-sharing model 

Collaboration combines Regenerons leading antibody discovery/development platforms and oncology experience with Telixs expertise in radiopharmaceutical development and manufacturing

Telix to receive $40 million USD upfront for four initial programs with optionality to co-fund commercialization and profit-share, or earn up to an aggregate of $2.1 billion USD in development and commercial milestone payments plus low double-digit royalties

TARRYTOWN, N.Y. and INDIANAPOLIS and MELBOURNE, Australia, April 13, 2026 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) and Telix... More