Alpha Tau Medical

Alpha Tau Medical

DRTS
Tel Aviv, Israel· Est.
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DRTS · Stock Price

USD 7.85+4.90 (+166.10%)
Market Cap: $680.8M

Historical price data

Market Cap: $680.8MPipeline: 1 drugPatents: 20Founded: 2016HQ: Tel Aviv, Israel

Overview

Alpha Tau Medical's mission is to revolutionize solid tumor treatment through its proprietary Alpha DaRT (Diffusing Alpha-emitters Radiation Therapy) platform. The company has achieved significant clinical validation, securing FDA Breakthrough Device Designations for skin/oral cavity SCC and recurrent glioblastoma, and is now executing a global, multi-indication clinical trial strategy. Its strategy focuses on addressing high-unmet-need patient populations with localized, unresectable tumors and exploring combinations with immunotherapies for metastatic disease.

OncologyRadiotherapy

Technology Platform

Alpha DaRT (Diffusing Alpha-emitters Radiation Therapy) is an intratumoral radiotherapy platform that uses Radium-224 impregnated sources to release short-lived, high-energy alpha particles that diffuse locally within the tumor, delivering a potent and conformal radiation dose while sparing healthy tissue.

Pipeline

1
1 drug in pipeline
DrugIndicationStageWatch
PembrolizumabHead and Neck Squamous Cell CarcinomaPre-clinical

Funding History

2
Total raised:$109M
IPO$80M
Series C$29M

Opportunities

Alpha DaRT addresses large, high-unmet-need markets in oncology, including recurrent skin cancers and lethal tumors like pancreatic cancer and GBM.
Its platform technology allows for rapid expansion into multiple solid tumor types, and its potential to stimulate an anti-tumor immune response creates significant combination opportunities with immunotherapies.

Risk Factors

The company faces significant clinical trial risk across its broad, early-stage pipeline.
As a pre-revenue firm, it is dependent on capital markets for funding, and successful commercialization will require establishing new procedural reimbursement and physician training pathways in a competitive oncology landscape.

Competitive Landscape

Alpha Tau competes in the radiopharmaceutical space but is differentiated by its intratumoral, alpha-particle approach. Key competitors include providers of external beam radiotherapy, systemic radiopharmaceuticals (e.g., Novartis), and beta-brachytherapy. Its main advantages are the extreme potency and precise localization of alpha radiation.

Company Timeline

2016Founded

Founded in Tel Aviv, Israel

2020Series C

Series C: $29.0M

2021IPO

IPO — $80.0M