Advanced Accelerator Applications - About the company
Advanced Accelerator Applications is an acquired company based in Saint Genis Pouilly (France), founded in 2002 by Stefano Buono. It operates as a Novartis company, developing molecular nuclear medicine theranostics. Advanced Accelerator Applications has raised $56.1M in funding. The company has 49 active competitors, including 23 funded and 8 that have exited. Its top competitors include companies like ITM, SOFIE and Mariana Oncology.
Company Details
Advanced Accelerator Applications, a Novartis company, (acquired for $3.9B in October 2017) develops, manufactures and markets radiopharmaceuticals for diagnostic and therapeutic applications in the fields of oncology, neurology, cardiology and infectious & inflammatory diseases. It is a spin-off of the “European Organization for Nuclear Research†(CERN), Geneva, Switzerland. The company primarily makes PET and SPECT tracers for diagnosing a range of diseases and disorders. The company's lead candidate Lutathera (lutetium Lu 177 dotatate) has been approved by the US FDA for the treatment of somatostatin receptor positive gastroenteropancreatic neuroendocrine tumors (GEP-NETs), including foregut, midgut, and hindgut neuroendocrine tumors in adults and as per company claims is the first available FDA approved Peptide Receptor Radionuclide Therapy (PRRT).
Key Metrics
Founded Year
2002
Location
Saint Genis Pouilly, France
Stage
Acquired
Total Funding
in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 49 active competitors
Annual Revenue
as on Dec 31, 2023
Investment & Acquisitions
&
Similar Companies
ITM &
Exit Details
Acquired by Novartis (Oct 30, 2017)
Legal entities associated with Advanced Accelerator Applications
Advanced Accelerator Applications is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Jul 12, 2019 | $235M (as on Dec 31, 2023) | 729 | 536 |
Advanced Accelerator Applications's acquisition details
Advanced Accelerator Applications got acquired by Novartis on Oct 30, 2017 at an acquisition amount of $3.9B. It was facilitated by Jefferies and PJT Partners.
Click to take a look at Advanced Accelerator Applications's acquisition in detail
Advanced Accelerator Applications's funding and investors
Advanced Accelerator Applications has raised a total funding of $56.1M over 2 rounds. Its first funding round was on Feb 17, 2014.
Advanced Accelerator Applications has 6 institutional investors including , HBM Partners and .
Here is the list of recent funding rounds of Advanced Accelerator Applications:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Apr 01, 2015 | $283K | Grant (prize money) | 5205403 | 9934845 | - |
Feb 17, 2014 | $56.1M | Series B | 1069467 | 9934399 |
View details of Advanced Accelerator Applications's funding rounds and investors
Advanced Accelerator Applications's founders and board of directors
The founders of Advanced Accelerator Applications is Stefano Buono. Stefano Buono is the CEO of Advanced Accelerator Applications. Stefano Buono has founded 2 more companies - Elysia Capital and Newcleo.
Advanced Accelerator Applications's Competitors and alternates
Top competitors of Advanced Accelerator Applications include ITM, SOFIE and Mariana Oncology. Here is the list of Top 10 competitors of Advanced Accelerator Applications, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() Advanced Accelerator Applications 2002, Saint Genis Pouilly (France), Acquired | Novartis company, developing molecular nuclear medicine theranostics | $56.1M | Vivo Capital, HBM PartnersÌý&²¹³¾±è;Ìý | 77/100 |
2nd | Developer of radiopharmaceuticals and radioisotopes for cancer treatment | $681M | 66/100 | ||
3rd | ![]() SOFIE 2008, Culver City (United States), Series C | Developer of molecular imaging systems and radio-pharmaceuticals | $38.1M | , Trilantic Capital Partners North AmericaÌý&²¹³¾±è;Ìý | 66/100 |
4th | ![]() Mariana Oncology 2020, Watertown (United States), Acquired | Developer of radiopharmaceuticals for solid tumors | $250M | Atlas Venture, RA Capital ManagementÌý&²¹³¾±è;Ìý | 63/100 |
5th | Radiopharmaceutical company developing targeted alpha therapies for cancer treatment | $129M | Abingworth, SV Health InvestorsÌý&²¹³¾±è;Ìý | 63/100 | |
6th | ![]() Ariceum Therapeutics 2021, Berlin (Germany), Series A | Developer of drugs for systemic targeted radiation therapy to treat cancer | $51.6M | 62/100 | |
7th | Lantheus 2008, Billerica (United States), Public | Developer of diagnostic imaging agents and targeted therapeutics | - | 62/100 | |
8th | ![]() Alpha-9 Oncology 2018, Boston (United States), Series C | Developer of radiopharmaceuticals for the treatment of cancer | $261M | RA Capital Management, Janus Henderson InvestorsÌý&²¹³¾±è;Ìý | 59/100 |
9th | ![]() ARTBIO 2021, Sacramento (United States), Series A | Develoer of alpha radioligand therapies for cancer treatment | $113M | Omega Funds, F-Prime CapitalÌý&²¹³¾±è;Ìý | 59/100 |
10th | Developer of radiotheranostics that facilitates life-enhancing treatments for patients | $148M | 57/100 |
Looking for more details on Advanced Accelerator Applications's competitors? Click to see the top ones
Advanced Accelerator Applications's Investments and acquisitions
Advanced Accelerator Applications has acquired 3 companies including , and Atreus Pharmaceuticals. Advanced Accelerator Applications 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 |
---|---|---|---|---|
Jun 2016 | Acquisition | ![]() | 1998 | Erlangen, Germany |
Jan 04, 2016 | Acquisition | ![]() | - | |
Jan 08, 2015 | Acquisition | - |
See all acquisitions by Advanced Accelerator Applications
Reports related to Advanced Accelerator Applications
Here is the latest report on Advanced Accelerator Applications's sector:
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News related to Advanced Accelerator Applications
Media has covered Advanced Accelerator Applications for a total of 4 events in the last 1 year.
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Business Wire•Apr 13, 2022•Molecular Targeting Technology, ITM, Advanced Accelerator Applications
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Frequently asked questions about Advanced Accelerator Applications
When was Advanced Accelerator Applications founded?
Advanced Accelerator Applications was founded in 2002.Where is Advanced Accelerator Applications located?
Advanced Accelerator Applications is located in Saint Genis Pouilly, France.Is Advanced Accelerator Applications an acquired company?
Advanced Accelerator Applications got acquired by Novartis on Oct 30, 2017.When was the latest funding round of Advanced Accelerator Applications?
Advanced Accelerator Applications's latest funding round was on Apr 01, 2015.What is the annual revenue of Advanced Accelerator Applications?
Annual revenue of Advanced Accelerator Applications is €217²Ñ as on Dec 31, 2023.Our Lite Plan Awaits you - Its Free!
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