AARTBIO develops targeted radioligand therapies to treat cancer. Its lead program AB001 has entered first-in-human studies, and two other targets, ABA and ABB, are under development. These therapies use radioligands that bind to tumor cells with high affinity and deliver radiation directly to tumors while minimizing damage to healthy tissue. ARTBIO differentiates itself through a differentiated pipeline, strong collaborations with F Prime and Radforsk, and a team with decades of experience in drug development, aiming to advance cancer therapies from clinical trials to market. The company’s goal is to bring its therapies to healthcare providers and patients, generating revenue through sales and potential licensing as its treatments gain regulatory approval.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$245M
Headquarters
Cambridge, MA
Founded
2021
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Total Funding
$245M
Above
Industry Average
Funded Over
3 Rounds
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ARTBIO is developing AB001, a Pb212 prostate-specific membrane antigen (PSMA)-targeted radioligand therapy, for the treatment of metastatic castration resistant prostate cancer (mCRPC)
ARTBIO is redefining cancer care by developing a new class of alpha radioligand therapies (ART) and building the ecosystem that maximizes their potential. At ARTBIO, we put the patient at the core of everything we do.
CAMBRIDGE, MA, USA and OSLO, Norway I July 29, 2025 I ARTBIO, Inc. ("ARTBIO"), a clinical-stage radiopharmaceutical company developing a new class of alpha radioligand therapies (ARTs) to treat a range of cancers, today announced the closing of a $132 million Series B financing co-led by new investors Sofinnova Investments and B Capital along with a life sciences dedicated investment fund that invested previously.
Artbio, a radiopharmaceuticals-focused biotech, secured $132 million in a series B round to advance its lead prostate cancer drug, AB001, through phase 2 trials and enhance its supply chain. The funding was co-led by Sofinnova Investments and B Capital, with participation from the Qatar Investment Authority and others. Artbio aims to expand its manufacturing network for AB001, leveraging its AlphaDirect technology for isotope production. The company launched in June 2023 with $23 million in seed funding.
Artbio, a radiopharmaceutical company developing a new class of targeted alpha radioligand therapies (ARTs), has named Margaret Yu its chief medical officer (CMO).
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$245M
Headquarters
Cambridge, MA
Founded
2021
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs