Algeta

company

About

Algeta ASA, an oncology company, focused on developing targeted therapies for patients with cancer based on its alpha-pharmaceutical

  • 10001 - max

Details

Last Funding Type
Series A
Last Funding Money Raised
€23M
Industries
Biotechnology,Chemical,Medical
Founded date
Jan 1, 1997
Number Of Employee
10001 - max
Operating Status
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Algeta ASA, an oncology company, focused on developing targeted therapies for patients with cancer based on its alpha-pharmaceutical platform. Its lead product includes radium-223 dichloride, which completed Phase III clinical trial to treat castration-resistant prostate cancer with bone metastases. The company is also developing alpha-emitter thorium-227 that is in the preclinical phase linked to tumor-targeting molecules to form targeted thorium conjugates. It has an agreement with Bayer Pharma AG for the development and commercialization of radium-223 worldwide. The company was formerly known as Anticancer Therapeutic Inventions AS and changed its name to Algeta ASA in 2003. Algeta ASA was founded in 1997 and is headquartered in Oslo, Norway.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
€23M
Algeta has raised a total of €23M in funding over 2 rounds. Their latest funding was raised on Sep 2, 2005 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 2, 2005 Series A €23M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Algeta is funded by 1 investors. NorgesInvestor are the most recent investors.
Investor Name Lead Investor Funding Round
NorgesInvestor Series A