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Radionetics Oncology
Radionetics Oncology is a precision oncology company focusing on the discovery and development of radiopharmaceuticals
About Radionetics Oncology
Radionetics Oncology is a pioneering startup in the life sciences sector, specifically focusing on cancer treatment and diagnosis. The company operates in the highly specialized field of theragnostics, which combines therapy and diagnostics to create personalized treatment plans for cancer patients. Radionetics leverages its deep expertise in G-protein-coupled receptors (GPCRs) biology and small molecule medicinal chemistry to develop novel radioligand therapies. These therapies are designed to target cancer cells with high precision, minimizing damage to healthy cells.
The company primarily serves patients diagnosed with various forms of cancer, with a current focus on adrenocortical carcinoma. Radionetics' market includes healthcare providers, research institutions, and pharmaceutical companies that are involved in cancer treatment and research.
Radionetics' business model revolves around the discovery and development of small molecule radioligands that bind to overexpressed GPCRs on cancer cells. The company makes money through multiple revenue streams, including licensing its technology to pharmaceutical companies, conducting clinical trials, and potentially selling its proprietary radioligand therapies upon regulatory approval.
The company's flagship product, 68 Ga R8760, is currently in Phase 1 clinical trials. This first-in-class small molecule radioligand imaging agent is designed to identify melanocortin 2 receptor (MC2R) expressing adrenocortical cancer lesions. This dual-purpose agent not only helps in diagnosing cancer but also in selecting patients who may benefit from MC2R-directed radioconjugate therapy.
Radionetics is strategically located in San Francisco, a hub for life sciences innovation, allowing it to attract top talent and collaborate with leading experts in the field. The company's unique approach and cutting-edge technology position it as a significant player in the future of cancer treatment.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- San Diego, United States
- Employees
- 48
- Open positions
- 1
- Dealroom signal
- 85.4/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Oncology, Health Diagnostics, Spinout, Biotech and Pharma, Radiopharmaceuticals, proteomics, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Jul 2024 | $140M | $560M | Eli Lilly | ↗ |
| SERIES AOther financing | Jan 2024 | $53M | $210M | GordonMD Global Investment · 5AM Ventures · DCVC · Crinetics Pharmaceuticals | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Radionetics Oncology is 1.6K monthly website visits, down 5.9% over the last three months. Radionetics Oncology's team grew 6.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
GordonMD Global Investment
Craig Gordon
5AM Ventures
DCVC
Crinetics Pharmaceuticals
Frazier Life Sciences
Eli Lilly
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Radionetics Oncology on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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