Plus Therapeutics

Plus Therapeutics

PSTV
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PSTV · Stock Price

USD 5.95+5.29 (+801.52%)
Market Cap: $40.9M

Historical price data

Market Cap: $40.9MFounded: 2015HQ: Austin, United States

Overview

Plus Therapeutics is focused on developing targeted radiotherapeutics for rare and difficult-to-treat cancers, with a mission to deliver high-dose radiation precisely to tumors. The company's core innovation is a proprietary platform combining Rhenium isotopes, nanoliposomes, and biodegradable microspheres to enable localized, image-guided therapy. Key achievements include promising Phase 1 data for its lead candidate, REYOBIQ™, in recurrent glioblastoma and leptomeningeal metastases, and the advancement of a next-generation liver cancer program. Its strategy centers on advancing its clinical pipeline in high-unmet-need oncology indications while leveraging theranostic capabilities.

OncologyCentral Nervous System CancersLiver Cancers

Technology Platform

Proprietary platform combining Rhenium-186/188 isotopes, BMEDA chelation, nanoliposome encapsulation, and biodegradable alginate microspheres (BAM) for targeted, image-guided radiotherapeutics.

Funding History

3
Total raised:$18M
Debt$5M
Grant$3M
Series A$10M

Opportunities

Targeting rare, high-mortality cancers with no approved therapies offers potential for orphan drug designation, premium pricing, and rapid adoption if clinical efficacy is proven.
The modular platform could be expanded to other solid tumors and isotopes.

Risk Factors

High clinical development risk as a pre-revenue company; substantial dilution risk given low market cap and need for future financing; competition in the rapidly evolving radiopharma sector; and complex manufacturing/logistics for short-half-life isotopes.

Competitive Landscape

Competes in niche CNS markets with few direct radiotherapeutic competitors but faces broader competition from immunotherapies. In liver cancer, must differentiate from established radioembolization products (TheraSphere, SIR-Spheres) with its biodegradable, theranostic microsphere approach.

Company Timeline

2015Founded

Founded in Austin, United States

2019Series A

Series A: $10.0M

2022Debt

Debt: $5.0M