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.
- Website
- progenics.com
- Registered Address
- New York, New York
Key Metrics
Founded Year
1988
Location
Stage
Acqui-Hired
Latest Funding Round
Investors
Ranked
57th among 105 active competitors
Employee Count
47 as on Mar 31, 2026
Legal entities associated with Progenics
Progenics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROGENICS PHARMACEUTICALS, INC. CIN: 133379479 , United States, Active | Dec 31, 1999 | - | 53 (As on Dec 31, 2020) | - |
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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:
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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 |
View details of Progenics's funding rounds and investors
Progenics' founders and board of directors
Founder? Claim ProfileProgenics' employee count trend
Progenics has 47 employees as of Mar 26. Here is Progenics's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Artera 2021, Menlo Park (United States), Series A | AI-derived prognostic biomarker test for cancer detection | $135M | 62/100 | |
2nd | MDxHealth 2003, Irvine (United States), Public | Provider of epigenetic tests for personalized cancer assessment and treatment | - | 62/100 | |
3rd | 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 | Opko Health 1991, Miami (United States), Public | Provider of molecular diagnostic products | - | 58/100 | |
5th | ProteoMediX 2010, Schlieren (Switzerland), Acquired | Developer of next-generation blood test for prostate cancer | $17.6M | 56/100 | |
6th | Ionetix 2009, San Francisco (United States), Series C | Radiopharmaceutical solutions provider specializing in cyclotron technology and targeted alpha therapy | $61.1M | 56/100 | |
7th | Specialty developer, manufacturer & distributor of radiopharmaceuticals | - | 56/100 | ||
8th | RadioMedix 2006, Houston (United States), Series A | Developer of targeted radiopharmaceuticals for cancer diagnosis and treatment | $40M | 55/100 | |
9th | Niowave 2005, Lansing (United States), Series A | Provider of devices and radioisotopes for nuclear imaging | $9.95M | 53/100 | |
10th | Telix Pharma 2015, Melbourne (Australia), Public | Developer of theranostic radiopharmaceuticals for imaging and treating cancer | - | 52/100 | |
57th | 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) |
See all acquisitions by Progenics
Reports related to Progenics
Here is the latest report on Progenics's sector:
News related to Progenics
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Progenics Pharmaceuticals Announces Fourth Quarter And Full-year 2019 Financial ResultsGlobeNewswire•Mar 13, 2020•Progenics
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Lantheus and Progenics Agree to Amended Transaction TermsBusiness Wire•Feb 20, 2020•Lantheus, Progenics
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