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AAA Gets $57M for Pivotal Cancer Drug Trial, Acquisition

By Cormac Sheridan

Wednesday, July 27, 2011
Advanced Accelerator Applications SA (AAA) closed a €40 million (US$57.4 million) funding round that will enable the company to move its lead drug candidate Lutathera (lutate; 177Lutetium DOTA0-Tyr3-Octreotate) into pivotal trials in cancer later this year and to complete the acquisition of an as yet undisclosed firm that is developing a drug for ovarian cancer. (BioWorld International)

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