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Registrational Phase III CLARIFY trial: Target number of participants achieved

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Registrational Phase III CLARIFY trial: Target number of participants achieved
Business

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Registrational Phase III CLARIFY trial: Target number of participants achieved

2026-10-27 21:02 Last Updated At:21:55

SYDNEY, Oct. 27, 2026 /PRNewswire/ -- Clarity Pharmaceuticals (ASX: CU6) ("Clarity" or "Company"), a clinical-stage radiopharmaceutical company with a mission to develop next-generation products that improve treatment outcomes for patients with cancer, is pleased to announce that the registrational Phase III CLARIFY trial (NCT06056830)[1] has dosed the planned target of 383 participants in the study.

CLARIFY (Positron Emission Tomography Using 64Cu-SAR-bisPSMA in Participants With High-risk Prostate Cancer Prior to Radical Prostatectomy: A Prospective, Single-arm, Multi-center, Blinded-review, Phase 3 Diagnostic Performance Study) is the first Phase III registrational trial for Clarity, being conducted in the United States (US) and Australia. It is a non-randomised, open-label study of 64Cu-SAR-bisPSMA in participants with untreated, histopathology-confirmed prostate cancer with high-risk features who are proceeding to radical prostatectomy (removal of the prostate) with pelvic lymph node dissection (removal of lymph nodes from the pelvic region).

The primary endpoints of the study are the sensitivity and specificity of 64Cu-SAR-bisPSMA to detect prostate cancer within the pelvic lymph nodes compared to the standard of truth (histopathology), assessed independently for Day 1 (1-4 hours post-administration, same-day imaging) and Day 2 (approximately 24 hours post-administration, next-day imaging). CLARIFY builds on the findings from the Phase I PROPELLER study (first-in-human multi-centre trial involving 30 participants). The study demonstrated improved diagnostic performance of same-day 64Cu-SAR-bisPSMA positron emission tomography (PET) compared to 68Ga-PSMA-11 PET in the pre-prostatectomy setting, including approximately 30% greater lesion detection, 2-3 times higher tracer uptake and contrast as well as higher proportion of participants with more lesions identified by 64Cu-SAR-bisPSMA vs. 68Ga-PSMA-11 (73% vs. 27%, respectively; average across readers for participants with discordant lesion findings; Figures 1 and 2)[2]. The improved diagnostic performance of next-day vs. same-day 64Cu-SAR-bisPSMA PET observed in the COBRA and Co-PSMA trials in biochemical recurrence (BCR) supports the hypothesis that next-day imaging may also offer incremental benefits in the pre-prostatectomy setting, to be assessed in the CLARIFY study.

 

Topline data from the CLARIFY trial are anticipated to be released in the first half of calendar year 2027, along with topline results from the AMPLIFY trial, which is investigating 64Cu-SAR-bisPSMA in patients with BCR of prostate cancer[3]. As a pivotal trial, the final CLARIFY study results are intended to provide sufficient evidence to support an application to the US Food and Drug Administration (FDA) for approval of 64Cu-SAR-bisPSMA as a new diagnostic imaging agent in prostate cancer patients prior to undergoing definitive therapy.

Dr Alan Taylor, Executive Chairperson of Clarity Pharmaceuticals, commented, "This milestone is a significant achievement from our team and collaborators as we progress our optimised 64Cu-SAR-bisPSMA product towards trial completion and subsequent US FDA New Drug Application (NDA) submission. We now have two registrational Phase III trials with 64Cu-SAR-bisPSMA that have successfully completed recruitment and are in the process of patient follow-up, in line with the trials' protocols. We look forward to the upcoming data readout from CLARIFY outlining the sensitivity and specificity of our 64Cu-SAR-bisPSMA product.

"The development of 64Cu-SAR-bisPSMA aims to address a significant gap in patient care for the accurate initial staging of prostate cancer (CLARIFY trial) and detection of recurrent disease (AMPLIFY trial). Currently approved prostate-specific membrane antigen (PSMA) PET agents have reported sensitivities of 27%-40%, according to their respective Phase III pivotal studies, based on the detection of pelvic lymph node metastases prior to prostatectomy (verified by histopathology)[4-9]. Importantly, none of these agents achieved the prespecified primary endpoint thresholds for sensitivity in their respective pivotal trials [4-9]. This means that the currently approved PSMA PET agents did not detect prostate cancer in the pelvic lymph nodes in more than half of the study participants in whom such metastases were confirmed by histopathology. We believe that this substantial limitation in sensitivity warrants the development of next-generation products that provide greater diagnostic confidence to clinicians and support more informed management of patients with prostate cancer.

"64Cu-SAR-bisPSMA has demonstrated higher diagnostic performance with increased product uptake compared to standard-of-care (SOC) PSMA PET agents in clinical trials to date[2],[10-11]. This improvement is enabled by our innovative, science-driven approach where we optimised the product with a bivalent bisPSMA molecule and explored next-day imaging benefits, made possible by the proprietary SAR Technology and the half-life of copper-64. With strong data supporting the development of 64Cu-SAR-bisPSMA, we believe this product has the potential to overcome the shortcomings of the current-generation PSMA PET and improve outcomes for patients with prostate cancer.

"What is most important about the CLARIFY trial is that this study is the first to determine the sensitivity and specificity of our SAR-bisPSMA product, based on the appropriate assessment of true positive, true negative, false positive and false negative lesions that can only be determined accurately using histopathology specimens (in this case, pelvic lymph nodes that are surgically removed during prostatectomy). Utilising similar principles in study design to those previously used by other PSMA imaging agents on the market for their respective registrational Phase III studies, CLARIFY will provide sensitivity and specificity estimates for same-day and next-day imaging, as well as have direct comparative data to SOC PSMA imaging where SOC PET was undertaken. As sensitivity and specificity are fundamental measures of a diagnostic test's accuracy and are of high clinical importance, this trial will provide clinicians with valuable information through direct comparisons of those parameters across imaging timepoints and against real-world SOC PSMA imaging. Having the most accurate diagnostic information is essential for clinicians to determine the best course of treatment for their patients. Such treatment pathways may be quite distinct, including the removal of the prostate, with considerable long-lasting morbidities in some cases, or other more conservative approaches, personalised to each patient and potentially preserving quality of life post-treatment.

"As we move closer towards product launch, we look forward to making 64Cu-SAR-bisPSMA available to the patients who need it most. We hope this will represent a paradigm shift in management of prostate cancer through improved accuracy for the detection of disease, while making radiopharmaceuticals more accessible through centralised product manufacture and broad distribution to any imaging centre with a PET camera, with flexibility in the timing of the scan."

About SAR-bisPSMA

SAR-bisPSMA derives its name from the word "bis", which reflects a novel approach of connecting two PSMA-targeting agents to Clarity's proprietary sarcophagine (SAR) technology that securely holds copper isotopes inside a cage-like structure, called a chelator. Unlike other commercially available chelators, the SAR technology prevents copper leakage into the body. SAR-bisPSMA is a Targeted Copper Theranostic (TCT) that can be used with isotopes of copper-64 (Cu-64 or 64Cu) for imaging and copper-67 (Cu-67 or 67Cu) for therapy.

Disclaimer

64Cu-SAR-bisPSMA and 67Cu-SAR-bisPSMA are unregistered products. Their safety and efficacy have not been assessed by health authorities such as the US FDA or the Therapeutic Goods Administration (TGA). There is no guarantee that these products will become commercially available.

About Prostate Cancer

Prostate cancer is the second most common cancer diagnosed in men globally and the fifth leading cause of cancer death in men worldwide[12]. Prostate cancer is the second-leading cause of cancer death in American men. The American Cancer Institute estimates there will be about 333,830 new cases of prostate cancer in the US in 2026 and around 36,320 deaths from the disease[13].

About Clarity Pharmaceuticals

Clarity is a clinical stage radiopharmaceutical company focused on the treatment of serious diseases. The Company is a leader in innovative radiopharmaceuticals, developing Targeted Copper Theranostics based on its SAR Technology Platform for the treatment of cancers.

www.claritypharmaceuticals.com

For more information, please contact:

Clarity Pharmaceuticals

Dr Alan Taylor

Lisa Sadetskaya

Executive Chairperson

Director, Corporate Communications

ataylor@claritypharm.com

lisa@claritypharm.com

Clarity Pharmaceuticals

Dr Alan Taylor

Lisa Sadetskaya

Executive Chairperson

Director, Corporate Communications

ataylor@claritypharm.com

lisa@claritypharm.com

 

References

  1. ClinicalTrials.gov Identifier: NCT06056830. https://clinicaltrials.gov/study/NCT06056830
  2. Veronica Wong, Nat Lenzo, Michelle Parker and Louise Emmett. 64Cu-SAR-bisPSMA (PROPELLER) positron emission tomography (PET) imaging in patients with confirmed prostate cancer. JCO 41, 5039-5039(2023). DOI:10.1200/JCO.2023.41.16_suppl.5039
  3. ClinicalTrials.gov Identifier: NCT06970847. https://clinicaltrials.gov/study/NCT06970847
  4. Gallium Ga 68 gozetotide injection. Prescribing Information. UCLA Biomedical Cyclotron Facility; 2022. https://www.accessdata.fda.gov/drugsatfda_docs/label/2022/212642s002lbl.pdf
  5. Hope T, et al., JAMA Oncol. 2021;7;(11):1635-1642
  6. PYLARIFY TRUVU® (piflufolastat F 18) prescribing information. FDA; 2026. https://www.accessdata.fda.gov/drugsatfda_docs/label/2026/220089Orig1s000lbl.pdf
  7. Pienta KJ, et al. J Urol. 2021;206(1):52-61
  8. POSLUMA® (flotufolastat F 18) prescribing information. FDA; 2023. https://www.accessdata.fda.gov/drugsatfda_docs/label/2023/216023s000lbl.pdf
  9. Surasi DS, el al. Eur Urol 2023;84:361-370
  10. Khan et al. Prospective Comparison of 64Copper [64Cu]SAR-bisPSMA vs 68Gallium[68Ga] PSMA-11 PET/CT for Biochemical Recurrence of Prostate Cancer Following Radical Prostatectomy (Co-PSMA Trial). Eur Urol. 2026 Jun;89(6):512520. doi: 10.1016/j. eururo.2026.03.001. PMID: 41904043
  11. Nordquist et al. COBRA: Assessment of safety and efficacy of 64Cu-SAR-bisPSMA in patients with biochemical recurrence of prostate cancer following definitive therapy. EANM, 2024
  12. Global Cancer Statistics 2020: GLOBOCAN Estimates of Incidence and Mortality Worldwide for 36 Cancers in 185 Countries. https://acsjournals.onlinelibrary.wiley.com/doi/10.3322/caac.21660
  13. American Cancer Society: Key Statistics for Prostate Cancer. https://www.cancer.org/cancer/prostate-cancer/about/key-statistics.html

This announcement has been authorised for release by the Executive Chairperson.

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Registrational Phase III CLARIFY trial: Target number of participants achieved

Registrational Phase III CLARIFY trial: Target number of participants achieved

Registrational Phase III CLARIFY trial: Target number of participants achieved

Registrational Phase III CLARIFY trial: Target number of participants achieved

  • Consolidated revenues for the first nine months of 2026 reached AED 57.6 billion, an increase of 10.0 per cent YoY
  • Consolidated net profit for the first nine months of 2026 reached AED 17.2 billion, up 45.9 per cent YoY
  • Group subscriber base reached 254.8 million
  • Group marks 50 years by taking the etisalat name forward into a new era of growth

ABU DHABI, UAE, Oct. 28, 2026 /PRNewswire/ -- etisalat today announced its Q3 2026 consolidated financial results, reporting consolidated revenue of AED 19.5 billion, growing 6.9 per cent year-over-year (YoY). Consolidated revenues for the first nine months of 2026 reached AED 57.6 billion, up 10.0 per cent YoY. Consolidated net profit in Q3 reached 11.2 billion, while consolidated net profit for the first nine months of 2026 reached AED 17.2 billion, up 45.9 per cent YoY, reinforced by continued progress in building higher-value capabilities across connectivity, sovereign digital infrastructure and AI and by disciplined portfolio management.

In Q3, EBITDA rose by 5.1 per cent YoY, reaching AED 9.0 billion with a margin of 46.1 per cent. For the first nine months of 2026, EBITDA reached AED 26.7 billion, a growth of 10.3 per cent YoY, with a margin of 46.4 per cent.

etisalat's total subscriber base reached 254.8 million in Q3 2026, representing 29.4 per cent YoY growth. In the UAE, subscribers rose 5.2 per cent YoY to 16.5 million, driven by strong demand for advanced digital services and intelligent connectivity. 

Financial Highlights

Q3 2025

Q3 2026

%Change

9M 2025

9M 2026

%Change

Consolidated Revenues

AED 18.2bn

AED 19.5bn

6.9 %

AED 52.4bn

AED 57.6bn

10.0 %

Consolidated Net Profit*

AED 3.0bn

AED 11.2bn

276.2 %

AED 11.8bn

AED 17.2bn

45.9 %

EBITDA

AED 8.5bn

AED 9.0bn

5.1 %

AED 24.2bn

AED 26.7bn

10.3 %

Earnings per Share

AED 0.34

AED 1.29

276.2 %

AED 1.36

AED 1.98

45.9 %

Total Group Subscribers

197.0 million

254.8 million

29.4 %

197.0 million

254.8 million

29.4 %

etisalat UAE Subscribers

15.7 million

16.5 million

5.2 %

15.7 million

16.5 million

5.2 %

Q3 2025

Q3 2026

%Change

9M 2025

9M 2026

%Change

Consolidated Revenues

AED 18.2bn

AED 19.5bn

6.9 %

AED 52.4bn

AED 57.6bn

10.0 %

Consolidated Net Profit*

AED 3.0bn

AED 11.2bn

276.2 %

AED 11.8bn

AED 17.2bn

45.9 %

EBITDA

AED 8.5bn

AED 9.0bn

5.1 %

AED 24.2bn

AED 26.7bn

10.3 %

Earnings per Share

AED 0.34

AED 1.29

276.2 %

AED 1.36

AED 1.98

45.9 %

Total Group Subscribers

197.0 million

254.8 million

29.4 %

197.0 million

254.8 million

29.4 %

etisalat UAE Subscribers

15.7 million

16.5 million

5.2 %

15.7 million

16.5 million

5.2 %

  • Net Profit adjusted for Vodafone gain in Q3 2026 is AED 3.2bn and EPS AED 0.37
  • Net Profit adjusted for Vodafone gain in 9M 2026 is AED 9.2bn and EPS 1.06

The quarter also saw the completion of etisalat's sale of its entire stake in Vodafone Group, generating total consideration of AED 21.9 billion, including the final dividend and gain of approximately AED 8.0 billion. The transaction contributed to the group's financial performance during the quarter, providing additional financial flexibility.

As etisalat marks its 50th anniversary, it has set out a new vision to become a leading AI-powered and enabling telco and moved forward under the etisalat name, symbolising the central role of connectivity in the AI era. This ambition builds on the capabilities developed across digital services, cloud, cybersecurity, AI, infrastructure and fintech, bringing them into sharper focus around our strong telecommunications foundation with AI at its core.

Building on UAE's ambition to become a global hub for advanced technology and AI, etisalat plans to expand its international connectivity capacity to more than 500 terabits per second (Tbps) by 2030, an increase of over twenty-five times of the current capacity, in addition to developing diverse routes designed to enhance connectivity efficiency and reliability, delivering advanced, low-latency performance. This reiterates the importance of the digital infrastructure as a fundamental pillar for supporting emerging technologies and enabling a knowledge-based, innovation-driven economy.

Masood M. Sharif Mahmood, Group CEO of etisalat, said: "Our performance in Q3 2026 underscores the resilience of our business model and the discipline with which we are turning growth opportunities into tangible results. Consolidated revenue reached AED 19.5 billion, an increase of 6.9 per cent YoY, while EBITDA reached AED 9.0 billion, up 5.1 per cent, with an EBITDA margin of 46.1 per cent. These results reflect the strength of our core connectivity business and the discipline of our execution. Combined with our focus, these strengths underpin our confidence in our ability to excel and create long-term value to our stakeholders"

Masood added: "Over the past several years, etisalat has built an integrated portfolio of broad range of advanced capabilities across AI, cloud computing, cybersecurity, digital services, and fintech. Today, as AI is integrated more deeply into core enterprise and government operations, the foundational connectivity, compute, and secure infrastructure powering it become more critical. With the group firmly establishing itself as a key enabler, we will continue to provide the secure digital infrastructure and ultra-fast connectivity that power this wide-reaching transformation."

He continued: "This gives the etisalat brand, which means 'communications', a renewed purpose with a new and deeper meaning. Connectivity is no longer just about moving data, for us. It is about enabling the modern digital economy by building and operating the infrastructure and intelligent platforms that will define the future."

Masood concluded: "etisalat has proven its ability to create sustainable value and to translate technological progress into direct, tangible commercial and economic impact. Building on decades of strategic achievements, enduring customer relationships, strong operational efficiency and infrastructure designed for maximum readiness and reliability, we remain focused on enabling the networks of the future, anchoring the region's digital economies, and cementing the UAE's position at the heart of the global digital economy.  As etisalat embarks on its next fifty years journey, we renew our commitment to build on the UAE leadership's forward-looking vision and to continue investing with full confidence to compete and lead on the global scale."

Contact
Nancy Sudheer
nsudheer@etisalat.ae 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

etisalat achieves record 9M 2026 performance as consolidated net profit rises 46% YoY to AED 17.2 billion

etisalat achieves record 9M 2026 performance as consolidated net profit rises 46% YoY to AED 17.2 billion

etisalat achieves record 9M 2026 performance as consolidated net profit rises 46% YoY to AED 17.2 billion

etisalat achieves record 9M 2026 performance as consolidated net profit rises 46% YoY to AED 17.2 billion

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