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Perspective Therapeutics Announces ESMO 2026 Presentation of Updated [212Pb]VMT-α-NET Data in Advanced Neuroendocrine Tumors

Perspective Therapeutics will present updated [212Pb]VMT-α-NET data at ESMO Congress 2026, focusing on treating neuroendocrine tumors.

Quiver AI Summary

Perspective Therapeutics, Inc. announced that updated data on its [212Pb]VMT-α-NET program will be presented at the ESMO Congress 2026 in Madrid from October 23-27. The presentation will be delivered by Thorvardur Halfdanarson from the Mayo Clinic, focusing on safety and efficacy results for the treatment of advanced neuroendocrine tumors expressing somatostatin receptor subtype 2 (SSTR2). The company is conducting a multi-center study involving patients with unresectable or metastatic SSTR2-positive tumors, with interim data previously shared at the ASCO Annual Meeting in May. Perspective is also advancing other clinical-stage programs while expanding its drug production capabilities for these therapies.

Potential Positives

  • Updated data on the Company’s [212Pb]VMT-α-NET program have been accepted for presentation at the prestigious European Society of Medical Oncology (ESMO) Congress 2026, enhancing the Company's visibility and credibility in the oncology field.
  • The presentation of cohort level safety and efficacy results at a major medical conference indicates progress in the clinical development of its lead product, which could attract interest from investors and collaborators.
  • The Company is advancing multiple clinical-stage programs and developing complementary imaging techniques, showcasing its commitment to innovation in cancer treatment and potential for future growth.
  • The expansion of the regional finished drug product candidate supply network supports the Company's ability to deliver its therapies for clinical trials and potential commercialization, indicating operational growth and readiness.

Potential Negatives

  • The press release emphasizes pending efficacy data for many patients in the clinical trial, suggesting that the Company's experimental treatment may not yet have proven results, which could undermine investor confidence.
  • The mention of potential challenges related to the cost and duration of clinical trials, as well as uncertainties regarding product development, indicates significant risks that may affect the Company's future operations and financial stability.
  • The company does not provide definitive results from its trials, which may lead to uncertainty about the effectiveness of its treatments and could impact market perception negatively.

FAQ

What is the announcement regarding Perspective Therapeutics?

Perspective Therapeutics announced updated data on its [212Pb]VMT-α-NET program for presentation at the ESMO Congress 2026.

When will the ESMO Congress 2026 take place?

The ESMO Congress 2026 will be held from October 23 to 27, 2026, in Madrid, Spain.

What is the purpose of the [212Pb]VMT-α-NET program?

The [212Pb]VMT-α-NET program targets somatostatin receptor subtype 2 (SSTR2) in neuroendocrine tumors, delivering targeted radioisotope therapy.

Who will present the updated data at ESMO 2026?

Thorvardur Halfdanarson from Mayo Clinic will present the updated data on [212Pb]VMT-α-NET at ESMO 2026.

What is the status of the clinical trials for [212Pb]VMT-α-NET?

The clinical trials for [212Pb]VMT-α-NET include a dose-escalation program and are ongoing, with interim data already presented.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


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$CATX Hedge Fund Activity

We have seen 78 institutional investors add shares of $CATX stock to their portfolio, and 44 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

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$CATX Analyst Ratings

Wall Street analysts have issued reports on $CATX in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

  • Wedbush issued a "Outperform" rating on 01/30/2026

To track analyst ratings and price targets for $CATX, check out Quiver Quantitative's $CATX forecast page.

$CATX Price Targets

Multiple analysts have issued price targets for $CATX recently. We have seen 7 analysts offer price targets for $CATX in the last 6 months, with a median target of $13.0.

Here are some recent targets:

  • David Nierengarten from Wedbush set a target price of $11.0 on 05/05/2026
  • Robert Burns from HC Wainwright & Co. set a target price of $13.0 on 03/23/2026
  • David Dai from UBS set a target price of $8.0 on 03/18/2026
  • Yuan Zhi from B. Riley Securities set a target price of $13.0 on 03/18/2026
  • Jeet Mukherjee from BTIG set a target price of $14.0 on 03/17/2026
  • Leonid Timashev from RBC Capital set a target price of $14.0 on 03/17/2026
  • Biren Amin from Piper Sandler set a target price of $16.0 on 02/19/2026

Full Release

SEATTLE, July 17, 2026 (GLOBE NEWSWIRE) -- Perspective Therapeutics, Inc. (“Perspective,” the “Company,” “we,” “us,” and “our”) (NYSE AMERICAN: CATX), a radiopharmaceutical development company pioneering advanced treatments for cancers throughout the body, today announced that updated data on the Company’s [ 212 Pb]VMT-α-NET program have been accepted for presentation as detailed below at the European Society of Medical Oncology (ESMO) Congress 2026 taking place October 23 to 27, 2026 in Madrid, Spain. ESMO plans to release further details for regular abstracts on October 19, 2026.

Presenter Abstract Title Presentation Details
Thorvardur Halfdanarson, Mayo Clinic Comprehensive Cancer Center Cohort level safety and efficacy results for [ 212 Pb]VMT-α-NET in advanced somatostatin receptor subtype 2 (SSTR2+)-expressing neuroendocrine tumors (NETs): Cohorts 1–3 Abstract Number: 2396RO
Session Type: Rapid Oral presentation
Session Title: Rapid oral: NETs and endocrine tumours
Session Date: October 23, 2026
Session Time: 4:15 – 5:45pm CEST /
10:15 – 11:45am EDT
Presentation Time:
4:25 – 4:30pm CEST /
10:25 – 10:30am EDT

About [²¹²Pb]VMT-α-NET

Perspective designed [ 212 Pb]VMT-α-NET to target somatostatin receptor subtype 2 (SSTR2), and to deliver the alpha-emitting radioisotope lead-212, or ²¹²Pb, to tumor sites expressing SSTR2. The Company is conducting a multi-center, open-label, dose-escalation and dose-expansion study (clinicaltrials.gov identifier NCT05636618 ) of [ 212 Pb]VMT-α-NET in patients with unresectable or metastatic SSTR2-positive tumors who have not received prior radiopharmaceutical therapies (RPT).

Interim clinical data from the study, with a data cut-off date of April 17, 2026, were presented at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting in May 2026 . These data included efficacy results for half of the patients in Cohort 2 and both patients in Cohort 1. Initial efficacy data for the remaining patients in Cohort 2 and patients in Cohorts 3 and 4 are pending. The Company plans to submit additional data for presentation at future medical conferences in 2026 and 2027.

About Perspective Therapeutics, Inc.

Perspective Therapeutics, Inc. is a radiopharmaceutical development company pioneering advanced treatments for cancers throughout the body. The Company has proprietary technology that utilizes the alpha-generating isotope 212 Pb to deliver powerful radiation specifically to cancer cells via specialized targeting moieties. The Company is also developing complementary imaging techniques that incorporate the same targeting moieties, which provides the opportunity to personalize treatment and optimize patient outcomes. This "theranostic" approach enables visualization of the specific tumor and subsequent treatment, potentially improving efficacy and minimizing toxicity.

The Company is advancing a portfolio of clinical-stage programs in the U.S., including VMT-α-NET (neuroendocrine tumors), VMT01 (melanoma), and PSV359 (solid tumors).

The Company is expanding its regional finished drug product candidate supply network, enabled by its proprietary 224 Ra/ 212 Pb generator platform used to manufacture clinical drug product candidates, to support the delivery of patient-ready drug product candidates for clinical trials and, if approved, commercial operations.

For more information, please visit the Company's website at www.perspectivetherapeutics.com .

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Statements in this press release that are not statements of historical fact are forward-looking statements. Words such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "estimate," "believe," "predict," "potential," or "continue" or the negative of these terms or other similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these identifying words. Forward-looking statements in this press release include statements concerning, among other things, the Company’s preclinical and clinical development plans and the expected timing for the release of additional data from its clinical programs; the Company’s beliefs that its product candidates address certain unmet medical needs; the Company’s expectations regarding regulatory pathways for its product candidates; the Company’s expectations regarding its interactions with regulatory agencies and the expected timing thereof; the Company’s regional distribution and manufacturing capabilities; and other statements that are not historical fact.

The Company may not actually achieve the plans, intentions, or expectations disclosed in the forward-looking statements, and you should not place undue reliance on the forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the Company's actual results to differ materially from the results described in or implied by the forward-looking statements. Known risk factors include that the Company’s clinical trials may be more costly or take longer to complete than anticipated, or may never be completed, or may not generate results that warrant future development of the tested product candidate; the Company may elect to change its strategy regarding its product candidates and clinical development activities; economic and market conditions may worsen; and risks related to the sufficiency of the Company’s cash resources for its future operating expenses and capital expenditures. A more complete discussion of the risks and uncertainties facing the Company appears under the heading “Risk Factors” in the Company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), in the Company’s other filings with the SEC, and in the Company’s future reports to be filed with the SEC and available at www.sec.gov. Forward-looking statements contained in this news release are made as of this date. Unless required to do so by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Media and Investor Relations Contacts:

Perspective Therapeutics IR:
Annie J. Cheng, CFA
ir@perspectivetherapeutics.com

ENTENTE Network of Companies
Katie Morris, PhD
katiemorris@ententeinc.com


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