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§ Private Profile · Brussel, Belgium
Precirix is a technology company.
PRECIRIX is a private biotechnology company dedicated to extending and improving the lives of cancer patients by designing and developing precision radiopharmaceuticals, using camelid single-domain antibodies (sdAb) labelled with radiometals.
Precirix has raised $130.0M across 2 funding rounds.
Precirix has raised $130.0M in total across 2 funding rounds.
Precirix is a clinical-stage biotechnology company developing precision radiopharmaceuticals for cancer treatment using camelid-derived single-domain antibodies (sdAbs) labeled with radioisotopes.[1][2][3] It targets proteins like Fibroblast Activation Protein (FAP) and HER2 to deliver targeted alpha-emitting radiotherapy, enabling a theranostic approach where imaging selects patients before therapeutic dosing.[1][2][3] The company serves cancer patients with metastatic diseases, solving the problem of irradiating tumors while sparing healthy tissue, with its lead candidate CAM-H2 in Phase I/II trials for HER2-positive metastatic cancer and others in preclinical stages.[2][3] Growth momentum includes first patient dosing in its key trial (NCT04467515) and expansion into multiple isotopes, linkers, and combinations amid a radiopharmaceuticals market projected to reach USD 16.6 billion by 2032, driven by precision medicine demand.[1][2]
Precirix was founded in 2014 as a spin-off from Vrije Universiteit Brussel (VUB) in Belgium, evolving from Camel-IDS to focus on oncology radiopharmaceuticals.[1][2][3] Key founders and early team leveraged expertise in camelid sdAbs—small antibody fragments from camelids known for rapid tissue penetration and clearance—to pioneer targeted therapies.[1][3] The idea emerged from academic research at VUB, addressing limitations in traditional antibodies for radiotherapy, with early traction via platform validation and pipeline advancement, including CAM-H2 entering clinical trials.[2][3] Pivotal moments include dosing first patients in the Phase I/II CAM-H2 study for HER2-positive cancers, marking a shift to clinical validation.[2]
Precirix rides the radiopharmaceuticals wave, fueled by rising cancer incidence, PET/SPECT imaging adoption, and theranostics in precision oncology.[1] Timing aligns with market forces like personalized medicine shifts and regulatory support, projecting 16.6x growth to 2032, where targeted therapies outperform broad chemotherapy.[1] It influences the ecosystem by advancing sdAb tech from academic spin-offs to clinical assets, competing with players like Lantheus while differentiating via antibody format, potentially accelerating Europe-based biotech innovation in Brussels.[1][2][3]
Precirix is poised for Phase II data readouts on CAM-H2, potential label expansions, and preclinical advances into IND stages, bolstered by investor support from Forbion.[3] Trends like alpha-emitter supply chains, combo therapies, and AI-driven patient selection will shape its path, amplifying influence in a precision rad-onco market.[1] As a biotech trailblazer, it exemplifies how targeted radiopharmaceuticals extend lives, evolving from VUB spin-off to global contender in cancer care.[1][2][3]
Precirix has raised $130.0M in total across 2 funding rounds.
Precirix's investors include Forbion, INKEF Capital, Sabine Dandiguian, Aglaia BioMedical Ventures, Keno Gutierrez, Novartis Venture Fund, Pfizer Venture Investments, Pontifax Venture Capital, BioMedPartners, Gimv, HealthCap, Novo Holdings.
Precirix has raised $130.0M across 2 funding rounds. Most recently, it raised $88.0M Series B in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $88M Series B | Forbion, INKEF Capital, Sabine Dandiguian | Aglaia BioMedical Ventures, Keno Gutierrez, Novartis Venture Fund, Pfizer Venture Investments, Pontifax Venture Capital, BioMedPartners, GIMV, HealthCap, Novo Holdings, V BIO Ventures | Announced |
| Nov 1, 2018 | $42M Series A | Karl Nagler, Christina Takke | Abingworth, Forbion, HealthCap, Novartis Venture Fund, Pfizer Venture Investments, Pontifax Venture Capital, BioMedPartners, Morten Graugaard Døssing | Announced |