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The rise of theranostics: Part 6 -- Private practices pivot to clinical trials

Liz Carey Feature Writer Smg 2023 Headshot

A decade has passed since the first clinical experiences revealed the potential for prostate-specific membrane antigen (PSMA)-targeted paired diagnostic imaging and radioligand therapy for metastatic castration-resistant prostate cancer.

Since then, interest in the U.S. has grown in combining companion imaging with targeted systemic radiation therapy -- an approach recognized as theranostics (radiotheranostics, more specifically). This year marks expanded indications approved by the U.S. Food and Drug Administration (FDA) and a variety of cancer types with theranostics potential on the short-term horizon.

Precision oncology is the pursuit. One radiotheranostics insider estimates a $17 billion investment by biopharma alone, led by Novartis, Bristol Myers Squibb, and AstraZeneca. However, while radiopharmaceutical manufacturers exert pressure on the clinical workforce, private theranostic medicine practices are laying foundations, although at a slightly slower pace than probably hoped.