🚀 Exciting news! WE Life Sciences has joined PANTERA's €93M fundraising with an additional €2.6M, bringing the total to €95.6M. PanTera, a joint venture by IBA and SCK CEN, is set to address the global shortage of Actinium-225 (²²⁵Ac), a key isotope for innovative cancer treatments, with production plans to benefit over 100,000 patients annually by 2029. Collaboration is driving progress! 👏
🚀 WE Life Sciences is thrilled to join to the €93M fundraising announced by PANTERA in September with an additional contribution of €2.6M. With in total €95.6M , PanTera raised the Belgium's Largest Life Sciences Series A Round Ever! 🇧🇪 PanTera, a Belgian joint venture between our local heroes IBA (Louvain-la-Neuve) and SCK CEN (Mol), is on a mission to tackle the global shortage of Actinium-225 (²²⁵Ac) - a critical isotope for Targeted Alpha Therapy, an innovative cancer treatment. 🇧🇪 Leveraging SCK CEN's unique stock of pure ²²⁶ Ra and IBA’s Rhodotron® electron accelerator, PanTera will become a world-leading, reliable supplier of this life-saving medical radioisotope. Today, WE Life Sciences announced its participation in PanTera increasing the Series A to € 95.6M, alongside EQT Group, Kurma Partners, Eurazeo, Korys, Paladin Capital Group, and our counterpart in Flanders, PMV. This record-breaking funding round will enable PanTera to produce over 100 Curies of clinical-grade ²²⁵Ac annually by 2029, benefiting over 100,000 patients per year. 💡 As the radiopharmaceutical sector continues its rapid growth, WE Life Sciences is proud to support groundbreaking innovations like PanTera’s that promise to reshape cancer treatment worldwide. This achievement highlights Belgium's growing influence in medical innovation and its commitment to advancing life-changing therapies. 🏆 Last night, PanTera proudly received the prestigious Best Venture Capital Deal – Life Sciences 2024 award at the A&M Awards, celebrating the tremendous success of this Series A round ! Read all the story in L'Echo (see link in the comments)👇 #lifesciences #pharma Gery Lefebvre
Product Manager at IBA, Ph.D.,MBA- IBA Fellow
1mocongratulations to the PANTERA team!