Radiopharm Theranostics Ltd Advances RAD202 to Cohort 4 After Safety Review

Radiopharm Theranostics RAD202 HEAT Trial clears another safety gate as the DSMC greenlights escalation to 180mCi in Cohort 4, marking the third consecutive dose step-up in the Phase 1 study targeting HER2-positive advanced solid tumors.
By Josua Ferreira -
  • Radiopharm's independent Data Safety and Monitoring Committee has cleared RAD202 to advance to 180mCi in Cohort 4 of the Phase 1 HEAT trial, the third consecutive dose escalation following Cohort 2 at 75mCi and Cohort 3 at 130mCi.
  • The DSMC recommendation reflects a favourable safety profile observed across all dose levels to date, supporting continued evaluation at progressively higher doses in HER2-positive advanced solid tumor patients.
  • RAD202 is a proprietary single-domain monoclonal antibody targeting HER2, a validated oncology target overexpressed in breast cancer and multiple other solid tumors, with prior proof-of-concept established in a ten-patient diagnostic study.
  • The HEAT trial (NCT06824155) is being conducted across Australian clinical sites and sits within a broader Radiopharm pipeline spanning one Phase 2 and five Phase 1 trials across lung, breast, prostate, and brain cancers.
Summarise with AI:

Radiopharm advances RAD202 to Cohort 4 after positive safety committee review

Radiopharm Theranostics (ASX: RAD, Nasdaq: RADX) has received a positive recommendation from its Data Safety and Monitoring Committee (DSMC) to advance its radiotherapeutic asset 177Lu-RAD202 to the next dose level in the Phase 1 ‘HEAT’ clinical trial.

The recommendation clears the way for the trial to progress to 180mCi in Cohort 4, stepping up from the 130mCi dose level announced on 8 April 2026. The study is evaluating the asset in patients with HER2-positive advanced solid tumors.

The Cohort 3 advancement at 130mCi, cleared by the DSMC on 8 April 2026 following successful completion of Cohort 2 at 75mCi, established the immediate prior dose level from which the current 180mCi escalation steps up.

The decision reflects a favourable safety profile observed to date and green-lights continued evaluation at higher dose levels in the Phase 1 study (NCT06824155).

What the DSMC decision means for the HEAT trial

The Phase 1 ‘HEAT’ study is a dose-escalation trial currently being conducted at clinical centres across Australia.

The DSMC plays a defined oversight role in the trial:

  • A multidisciplinary committee that conducts detailed reviews of study data

  • Discusses potential safety events

  • Provides recommendations regarding trial continuation

Its positive recommendation to advance to the next dose level of 180mCi supports the safety data generated so far.

HEAT Trial Dose Escalation Step-Up

CEO Commentary

“Advancing RAD202 into Cohort 4 marks a significant step forward in the development of one of our most promising therapeutic candidates,” said Riccardo Canevari, CEO and Managing Director of Radiopharm Theranostics. “The DSMC’s recommendation supports the favorable safety profile observed to date and allows us to continue evaluating higher dose levels in patients with HER2-positive advanced solid tumors. As we execute on our clinical development strategy, we remain focused on unlocking the full potential of RAD202 and generating meaningful data that could support a differentiated radiotherapeutic option for HER2-positive patients in need of new treatment alternatives.”

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Understanding RAD202 and the HER2 target

RAD202 is a proprietary single-domain monoclonal antibody (sdAb) that targets HER2 expression in advanced solid tumors.

HER2 is overexpressed in breast cancer and several other solid tumors, and the company describes it as a validated target in oncology.

In a previous diagnostic study of ten HER2-positive breast cancer patients, RAD202 demonstrated clinical proof-of-concept and showed positive safety and biodistribution.

Attribute Detail
Asset 177Lu-RAD202
Modality Single-domain monoclonal antibody (sdAb)
Target HER2-positive advanced solid tumors
Current trial Phase 1 ‘HEAT’ (Cohort 4, 180mCi)
Prior evidence Proof-of-concept in 10 HER2+ breast cancer patients
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Where RAD202 fits in Radiopharm’s broader pipeline

The RAD202 update sits within a wider clinical program that includes one Phase 2 and five Phase 1 trials across lung, breast, prostate and brain cancers. The company’s platform spans peptides, small molecules and monoclonal antibodies for use in cancer.

The 177Lu-BetaBart program, which dosed its first patient in a Phase 1/2a trial targeting B7-H3-expressing solid tumours across ten cancer types, illustrates the breadth of the radiotherapeutic platform sitting alongside RAD202 in Radiopharm’s clinical portfolio.

What comes next

The HEAT trial will continue its dose-escalation evaluation at the 180mCi level across Australian clinical sites. Management has stated it remains focused on generating meaningful data that could support a differentiated radiotherapeutic option for HER2-positive patients.

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Frequently Asked Questions

What is the Radiopharm RAD202 HEAT trial?

The HEAT trial (NCT06824155) is a Phase 1 dose-escalation clinical study evaluating 177Lu-RAD202, a lutetium-177 radiotherapeutic, in patients with HER2-positive advanced solid tumors, currently being conducted at clinical centres across Australia.

What does the DSMC recommendation mean for the RAD202 trial?

The Data Safety and Monitoring Committee's positive recommendation means the independent safety oversight body reviewed all available trial data and found no safety concerns that would prevent advancing to the next dose level of 180mCi in Cohort 4.

What dose levels has the RAD202 HEAT trial completed so far?

The HEAT trial has progressed through Cohort 2 at 75mCi, Cohort 3 at 130mCi (cleared in April 2026), and is now advancing to Cohort 4 at 180mCi following the latest DSMC recommendation.

What is RAD202 and how does it target HER2?

RAD202 is a proprietary single-domain monoclonal antibody labelled with lutetium-177 that targets HER2 expression in advanced solid tumors; HER2 is overexpressed in breast cancer and several other cancers and is a well-validated oncology target.

Where does RAD202 fit in Radiopharm's broader clinical pipeline?

RAD202 is one of several assets in Radiopharm's radiotherapeutic platform, which spans one Phase 2 and five Phase 1 trials targeting lung, breast, prostate, and brain cancers, including the 177Lu-BetaBart program that dosed its first patient in early 2026.

Josua Ferreira
By Josua Ferreira
Partnership Director
Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.
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