Oncoinvent

Oncoinvent

ONCIN.OL
Oslo, Norway· Est.
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ONCIN.OL · Stock Price

NOK 46.40-65.75 (-58.63%)
Market Cap: $22.9M

Historical price data

Market Cap: $22.9MPipeline: 3 drugsFounded: 2009Employees: 50-100HQ: Oslo, Norway

Overview

Oncoinvent's mission is to transform cancer care through targeted alpha-particle therapy, specifically for cancers that spread to body cavities. Its core achievement is the development of Radspherin, a first-in-class intraperitoneal alpha-emitting radiopharmaceutical currently in Phase 2 clinical trials. The company's strategy leverages the deep radiopharma expertise of its founders—inventors of the approved drug Xofigo®—and an integrated in-house manufacturing capability to advance its pipeline and establish a new treatment paradigm for regional metastatic disease.

OncologyRadiopharmaceuticals

Technology Platform

Proprietary platform using biodegradable calcium carbonate microparticles to deliver alpha-emitting radionuclides (e.g., radium-224) for targeted, regional radiation therapy within body cavities.

Pipeline

3
3 drugs in pipeline
DrugIndicationStageWatch
RadspherinPeritoneal CarcinomatosisPhase 2
RadspherinPeritoneal CarcinomaPhase 1/2
RadspherinPeritoneal CarcinomatosisPhase 1

Funding History

2
Total raised:$30M
IPOUndisclosed
Series B$30M

Opportunities

Radspherin addresses a large, underserved market of patients with peritoneal metastases from common cancers like ovarian and colorectal cancer.
Success could establish a new standard of care as a post-surgical adjuvant and validate the platform for expansion into other body cavities (e.g., pleural space).
The experienced team and strong IP provide a foundation for value creation.

Risk Factors

Key risks include clinical failure in ongoing Phase 2 trials, regulatory hurdles for a novel modality, and financial risk associated with funding expensive late-stage development as a pre-revenue company.
Competition from established surgical techniques and emerging systemic therapies also presents a challenge.

Competitive Landscape

Oncoinvent's primary competition is the current standard of care, Hyperthermic Intraperitoneal Chemotherapy (HIPEC). In radiopharma, it faces indirect competition from companies developing systemic targeted alpha therapies, but its intra-cavitary microparticle approach is highly differentiated with no direct late-stage analogues.

Company Timeline

2009Founded

Founded in Oslo, Norway

2019Series B

Series B: $30.0M

2021IPO

Initial Public Offering