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Advanced Accelerator Applications closes €41mm late-stage round

Executive Summary

Advanced Accelerator Applications SA (developing radiopharmaceuticals and diagnostic imaging agents) raised €41mm ($56mm) in what looks to be its Series F financing. HBM Healthcare Investments led the round providing €20 million. Tamburi Investment Partners Group also participated along with undisclosed new and returning shareholders. Funds will support ongoing development of molecular nuclear medicine diagnostics and therapeutics including Phase III Lutathera for gastro-entero-pancreatic neuro endocrine tumors.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Diagnostic Imaging Equipment & Supplies
      • Molecular Imaging
  • Pharmaceuticals
    • Radiopharmaceuticals, Contrast Agents
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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