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Actinium Pharmaceuticals, Inc.
Actinium Pharmaceuticals develops targeted radiotherapies for cancer, focusing on Iomab-B for AML clinical trials.
Actinium Pharmaceuticals, Inc.
Actinium Pharmaceuticals, Inc. operates as a clinical-stage biotech firm developing targeted radiotherapies, a narrow field within oncology. Its lead program, Iomab-B, targets acute myeloid leukemia prior to bone marrow transplant. The firm's technology platform uses monoclonal antibodies to deliver radioisotopes directly to cancer cells, aiming to reduce systemic toxicity compared to traditional chemotherapy. Key programs include Iomab-B and Actimab-A, both in clinical trials for hematologic cancers. The firm's strategy involves advancing its pipeline through regulatory milestones, with a focus on Phase 3 trials for Iomab-B. It has generated data from the Phase 3 SIERRA trial, which published in 2023, showing improved outcomes in relapsed or refractory AML patients. Financially, the firm has funded operations through public stock offerings and partnerships, such as a collaboration with the National Cancer Institute for preclinical work. Geographic scope is US-centric, with headquarters in New York City and operations concentrated domestically. Team size is modest, with under 50 employees based on public disclosures (per SEC filings, 2024). The firm does not disclose a separate family office structure publicly; it reports as a public company (NYSE American: ATNM). Recent activity includes the appointment of a new CEO in 2024 to oversee regulatory filings (per company press release, June 2024). Adjacent vehicles are not identified beyond the single corporate entity. A structural differentiator is Actinium's sole focus on targeted alpha therapy, a less-competitive area than broader radiopharmaceuticals. While not a traditional family office, the firm's concentrated pipeline in one modality creates a high-risk, high-reward profile. Governance follows public-company norms, with a board including oncologists and former FDA officials, aligning with its development-stage focus.
General information
Firm type
Single Family Office
Year founded
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AUM
Undisclosed
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Frequently asked questions
What is Actinium Pharmaceuticals' primary technology focus?
Actinium develops antibody-radionuclide conjugates for targeted alpha therapy, a form of radiotherapy that delivers high-energy particles to cancer cells while sparing healthy tissue. Its lead candidate, Iomab-B, targets CD45 on hematopoietic cells for acute myeloid leukemia.
Is Actinium Pharmaceuticals a family office or a biotech company?
Actinium is publicly traded as a biotech firm (NYSE American: ATNM), not a family office. It does not disclose any family office structure or wealth management operations, though its name may cause confusion.
What is the status of Iomab-B's clinical trials?
Iomab-B completed a Phase 3 SIERRA trial in 2023, showing improved event-free survival and complete remission rates compared to standard care in relapsed/refractory AML. The firm plans to submit a Biologics License Application to the FDA for this indication.
How does Actinium fund its operations?
Actinium funds operations through public stock offerings, including an at-the-market offering program disclosed in 2024, and partnerships such as with the National Cancer Institute. It has not reported profitability and relies on equity financing.
Who leads Actinium Pharmaceuticals?
As of 2024, Actinium's CEO is Dr. Roger Waltzman, a former biotech executive. The board includes Dr. Richard Ghalie, an oncologist, and Dr. Robert Maguire, a former FDA official. The firm's leadership has experience in radiopharmaceutical development.
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