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Progenics - About the company

Progenics is an acqui-hired company based in United States, founded in 1988. It operates as an Imaging compounds & targeted radiotherapies to detect and treat prostate cancer.. Progenics has raised an undisclosed amount in funding. The company has 105 active competitors, including 29 funded and 16 that have exited. Its top competitors include companies like Artera, MDxHealth and AC Immune.

Company Details

Progenics Pharmaceuticals is developing imaging agents and targeted radiotherapeutics for oncology. Progenics' first-in-class prostate-specific membrane antigen (PSMA)-targeted technology platform for prostate cancer includes an antibody drug conjugate therapeutic & a small molecule agent (targeted radiotherapy). Among other assets in its pipeline of targeted radiotherapy and molecular imaging compounds is Azedra, an ultra-orphan radiotherapy candidate being developed for the treatment of malignant pheochromocytoma and paraganglioma. Progenics’ first commercial product, Relistor (methylnaltrexone bromide) is approved for the treatment of opioid-induced constipation.
Social
X
Registered Address
New York, New York
Key Metrics
Founded Year
1988
Location
Stage
Acqui-Hired
Latest Funding Round
Ranked
Employee Count
47 as on Mar 31, 2026
Investment & Acquisitions
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Progenics's funding and investors

Progenics has raised funding over 10 rounds. Progenics has 3 institutional investors.

Here is the list of recent funding rounds of Progenics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 18, 2013
5631351
Post IPO
9943527
9709013
4070725
9950518
May 01, 2011
5138215
Grant (prize money)
8479522
5294442
8113846
Apr 29, 2011
3447248
Grant (prize money)
8252001
8929126
6136828
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Progenics' founders and board of directors

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Progenics' employee count trend

Progenics has 47 employees as of Mar 26. Here is Progenics's employee count trend over the years:
Employee count trend for Progenics
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Progenics's Competitors and alternates

Top competitors of Progenics include Artera, MDxHealth and AC Immune. Here is the list of Top 10 competitors of Progenics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Artera
Artera
2021, Menlo Park (United States), Series A
AI-derived prognostic biomarker test for cancer detection
$135M
62/100
2nd
Logo for MDxHealth
MDxHealth
2003, Irvine (United States), Public
Provider of epigenetic tests for personalized cancer assessment and treatment
-
62/100
3rd
Logo for AC Immune
AC Immune
2003, Lausanne (Switzerland), Public
Developer of antibodies, small molecules, and vaccines for Alzheimer’s disease and other neurodegenerative diseases
$120M
61/100
4th
Logo for Opko Health
Opko Health
1991, Miami (United States), Public
Provider of molecular diagnostic products
-
58/100
5th
Logo for ProteoMediX
ProteoMediX
2010, Schlieren (Switzerland), Acquired
Developer of next-generation blood test for prostate cancer
$17.6M
56/100
6th
Logo for Ionetix
Ionetix
2009, San Francisco (United States), Series C
Radiopharmaceutical solutions provider specializing in cyclotron technology and targeted alpha therapy
$61.1M
56/100
7th
Logo for Curium
Curium
2017, Paris (France), Seed
Specialty developer, manufacturer & distributor of radiopharmaceuticals
-
56/100
8th
Logo for RadioMedix
RadioMedix
2006, Houston (United States), Series A
Developer of targeted radiopharmaceuticals for cancer diagnosis and treatment
$40M
55/100
9th
Logo for Niowave
Niowave
2005, Lansing (United States), Series A
Provider of devices and radioisotopes for nuclear imaging
$9.95M
53/100
10th
Logo for Telix Pharma
Telix Pharma
2015, Melbourne (Australia), Public
Developer of theranostic radiopharmaceuticals for imaging and treating cancer
-
52/100
57th
Logo for Progenics
Progenics
1988, United States, Acqui-Hired
Imaging compounds & targeted radiotherapies to detect and treat prostate cancer.
-
33/100
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Progenics's Investments and acquisitions

Progenics has acquired 3 companies including AZEDRA, EXINI Diagnostics and Molecular Insight Pharmaceuticals. Progenics has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 11, 2019
Acquisition
2006
-
Oct 13, 2015
Acquisition
1999
Lund (Sweden)
Jan 22, 2013
Acquisition
1997
Cambridge (United States)
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Reports related to Progenics

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News related to Progenics

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