Convergent Therapeutics

Convergent Therapeutics is a pharmaceutical company focused on developing next generation radiopharmaceutical therapies for prostate cancers

Business Model:

Revenue: $0

Employees: 0-0

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Detailed Convergent Therapeutics Information

Geographic Data

Convergent Therapeutics headquarters map

Address:

City: Cambridge

State: Massachusetts

Zip:

Country: United States

Financial Info

Stage:

series a

Raised Last:

$90M

Raised Total:

$90M

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Description

Convergent Therapeutics, Inc. is a clinical stage pharmaceutical company focused on developing next generation radiopharmaceutical therapies for prostate and other cancers. The company&s;s proprietary technology involves dual-targeted radionuclide therapy developed by Dr. Neil Bander, Professor of Urologic Oncology at Weill Cornell Medicine and licensed to Convergent by Cornell University. CONV 01-α, a monoclonal antibody conjugated with 225Ac, a radioactive alpha particle emitter, was specifically designed to bind to the prostate-specific membrane antigen (PSMA). A key functional feature of CONV 01-α is that, once bound to PSMA, it becomes internalized, thereby delivering its powerful radioactive payload directly into the prostate cancer cells. CONV 01-α is covered by multiple issued U.S. and foreign patents. If FDA-approved, CONV 01-α would be the first antibody approved to direct a radioisotope to prostate cancer, and the first drug approved for the use of 225Ac in a cancer treatment.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
5/2023 Series A $0 Invus
OrbiMed
RA Capital Management
Invus
OrbiMed
RA Capital Management
Invus
OrbiMed
RA Capital Management
Invus
OrbiMed
RA Capital Management
5/2023 Series A 3 $90M Invus
OrbiMed
RA Capital Management
Invus
OrbiMed
RA Capital Management
Announced Date Name Price

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