Shepherding radiopharmaceuticals start-up Theragnostics Ltd. up to and through a planned series A financing this year is a key strategic aim of its CEO Greg Mullen. The funding round will give the transatlantic biotech the financial runway to put its lead therapeutic product, an iodine-123 labeled PARP inhibitor, into clinical development as a targeted radionuclide therapy.
Called THG-009, the radiotherapeutic poly (ADP-ribose) polymerase inhibitor is designed to deliver doses of radiation to tumours, killing cancer cells...