StageSeries A - II | Alive
Last Raised$24.96M | 1 mo ago
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About Ariceum Therapeutics
Ariceum Therapeutics (Ariceum) is a private, clinical-stage radiopharmaceutical company focused on the diagnosis and treatment of certain neuroendocrine and other cancers. Ariceum's systemic radiopharmaceutical product, 177Lu-satoreotide tetraxetan ("satoreotide") is an antagonist of the somatostatin type 2 (SST2) receptor which is overexpressed in neuroendocrine tumors (NETs) and some other cancers such as small cell lung cancer (SCLC). Storewide is developed as a 'theranostic' pair for the combined diagnosis and targeted radionuclide treatment of these tumors. It serves clients operating in the healthcare sector. The company was founded in 2021 and is based in Berlin, Germany.
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Latest Ariceum Therapeutics News
May 15, 2023
Ariceum to leverage expertise in radiopharmaceuticals and labelling technology to aid UCB's discovery of treatments for immune-related diseases. 05.15.23 Ariceum Therapeutics , a biotech company developing radiopharmaceutical products for the diagnosis and treatment of certain hard-to-treat cancers, and UCB , a global biopharmaceutical company, entered into an exclusive, strategic research collaboration agreement to identify and develop novel systemic targeted radiopharmaceuticals for the treatment of solid tumors and immune-related diseases. Under the terms of the research collaboration, UCB and Ariceum will utilize each other's technology platforms to enable the discovery of peptide-radioisotope conjugates as potential therapeutics for immune-related diseases and cancer. Ariceum to gain access to UCB's expertise to discover novel synthetic macrocyclic peptides using its mRNA-display technology platform, Extreme Diversity. Meanwhile, UCB will benefit from Ariceum's expertise in the field of radiochemistry and labelling technology to enhance its ability to explore how this technology might lead to the discovery of highly differentiated products for immune-related diseases. Both companies will have the opportunity to explore several targets under this research collaboration. Manfred Rüdiger, CEO of Ariceum Therapeutics, said, "We are excited about this strategic collaboration between UCB and Ariceum which aims to broaden Ariceum's pipeline with potentially several new programs at discovery stage. Through this partnership, Ariceum will have access to a unique library that will be used to screen against targets of interest for oncology for which current targeted approaches have failed, while working with UCB on enabling targeted systemic radiotherapy approaches in other areas of severe diseases." Dhaval Patel, chief scientific officer of UCB, said, "The collaboration with Ariceum further enhances our strategic drug discovery capabilities and provides UCB with the opportunity to learn and explore the potential of this modality in our drive to continuously innovate. We look forward to working with Ariceum's scientists and are eager to leverage the technology platforms and disease expertise at each company."
Ariceum Therapeutics Frequently Asked Questions (FAQ)
When was Ariceum Therapeutics founded?
Ariceum Therapeutics was founded in 2021.
Where is Ariceum Therapeutics's headquarters?
Ariceum Therapeutics's headquarters is located at Robert-Rössle-Straße. 10, Berlin.
What is Ariceum Therapeutics's latest funding round?
Ariceum Therapeutics's latest funding round is Series A - II.
How much did Ariceum Therapeutics raise?
Ariceum Therapeutics raised a total of $51.75M.
Who are the investors of Ariceum Therapeutics?
Investors of Ariceum Therapeutics include Pureos Bioventures, Andera Partners, Earlybird Venture Capital, EQT and Healthcap.
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