AdvanCell raises US $315 million in Series D round backed by Sanofi Ventures

  • AdvanCell closed an oversubscribed, upsized Series D round of USD 315 million to scale its targeted alpha radiopharmaceutical business.
  • The clinical-stage company is developing Lead-212-based therapies, led by ADVC001, a PSMA-targeted treatment for metastatic prostate cancer in Phase 2.
  • Sanofi Ventures participated alongside other existing investors; Ally Bridge Group led the financing with Alpha Wave as co-lead.
  • Proceeds target Phase 3 preparation for ADVC001, expanded isotope supply, accelerated pipeline development, increased U.S. manufacturing capacity.


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