Clarity Pharmaceuticals (ASX:CU6) signed a copper-64 isotope supply agreement with the University of Queensland's Australian Institute for Biotechnology and Nanotechnology, according to a Wednesday Australian bourse filing.
The supply agreement will support the firm's clinical trials with copper-64 SAR-bisPSMA imaging agent in Australia for prostate cancer patients. It will also support the rollout of two theranostic preclinical programs, SAR-bisFAP and SAR-trastuzumab.
It will expand the manufacturing capability of the agent for the phase three CLARIFY and AMPLIFY registrational trials in Australia, an ongoing investigator-initiated trial, as well as the Co-PSMA and SECuRE theranostic trials.
The firm's shares rose 2% in recent trading on Wednesday.