HomeUKBlue Earth Therapeutics Closes $76.5M Series A Financing

Blue Earth Therapeutics Closes $76.5M Series A Financing

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Blue Earth Therapeutics

Blue Earth Therapeutics Ltd, an Oxford, UK-based leader in the development of therapeutic radiopharmaceuticals, closed a $76.5M Series A financing.

The round was led by Soleus Capital and co-led by Sands Capital Management with existing investor Bracco Imaging SpA also participating. Woodline Partners and PBM Capital also joined in the financing as new institutional investors.

The new funding enables the company to further advance its clinical stage PSMA-targeted radioligand therapies.

Led by David Gauden, CEO, Blue Earth Therapeutics is a clinical stage company dedicated to advancing next generation targeted radiotherapeutics to treat patients who have cancer and has been incubated within the Bracco family of companies. With proven management expertise across the spectrum of radiopharmaceutical and oncology drug development, as well as biotechnology start‐up experience, the company aims to innovate and improve upon current technologies and rapidly advance new targeted therapies for serious diseases. Blue Earth Therapeutics has an emerging pipeline initially focused on prostate cancer. For more information, please visit: . 

David Canner from Soleus Capital and Michael Ginder from Sands Capital Management are joining the Board of Directors alongside representatives from Bracco Imaging SpA and experienced industry CEO David Gauden.

FinSMEs

31/10/2024

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