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Start-ups

Radiopharma start-up raises $175 million

by Rowan Walrath
October 13, 2024 | A version of this story appeared in Volume 102, Issue 32
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Aktis Oncology, a radiopharmaceutical firm that launched in 2021, has raised $175 million in a series B financing round co-led by RA Capital Management, RTW Investments, and Janus Henderson Investors. Aktis is developing a miniprotein alpha radioconjugate that targets nectin-4 to potentially treat multiple types of tumors. CEO Matthew Roden says in a statement that the funds will allow the firm to test the drug candidate in new patient populations.

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