Are ra­dio­phar­ma­ceu­ti­cals ready for the main­stream? No­var­tis, Bris­tol My­ers Squibb bet yes on MP­M's plat­form take

Bri­an Good­man, Patrick Baeuer­le and Todd Fo­ley weren’t ex­act­ly look­ing to start a ra­dio­phar­ma­ceu­ti­cals com­pa­ny.

Rather, the team at MPM Cap­i­tal — which had been known for its will­ing­ness to seed and in­cu­bate new ideas for bat­tling can­cer — was search­ing for tech­nolo­gies that could con­fer “CAR-T like ef­fi­ca­cy” in sol­id tu­mors. They went through an­ti­body-drug con­ju­gates, cell ther­a­pies and T cell en­gagers but very quick­ly got hooked on some­thing else: al­pha emit­ting par­ti­cles.

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