BMS’ RayzeBio bags rights for Philochem’s radiopharma asset for $350M upfront

Bristol Myers Squibb’s subsidiary RayzeBio is spending $350 million upfront to license an early-stage radiopharmaceutical candidate for prostate cancer from Philochem. RayzeBio will get global rights to a preclinical actinium-based asset, called OncoACP3, which is ...

Jun 11, 2025 - 11:40
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BMS’ RayzeBio bags rights for Philochem’s radiopharma asset for $350M upfront
Bristol Myers Squibb’s subsidiary RayzeBio is spending $350 million upfront to license an early-stage radiopharmaceutical candidate for prostate cancer from Philochem. RayzeBio will get global rights to a preclinical actinium-based asset, called OncoACP3, which is ...