Actinium Pharmaceuticals develops targeted radiation therapies for cancer, led by Actimab-A for acute myeloid leukemia; none is approved.
Actinium's case rests on Actimab-A, an actinium-225 antibody against CD33, which the company says improved survival with CLAG-M chemotherapy in relapsed or refractory AML. It is advancing toward a Phase 2/3 trial and runs further studies with the National Cancer Institute, with milestones expected from late 2026 into 2027. ATNM-400 for solid tumors is still preclinical. Cash was $36.5 million at June 30, which Actinium says lasts more than 12 months.
Thesis checklist
1 risk needs attention
Why it is in this state
The evidence, what would weaken it and the source filing
Why it is in this state
The evidence, what would weaken it and the source filing
Why it is in this state
The evidence, what would weaken it and the source filing
Why it is in this state
The evidence, what would weaken it and the source filing
Next decision point
Tests: Actimab-A moves into a Phase 2/3 trial
Do the NCI and company studies of Actimab-A produce data or a Phase 2/3 start in this period?
Strong, inconclusive and weak outcomes
What to look for in the result and how each would move the checklist
Price and material events
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Actinium rebuilt its equity, but Actimab-A has no dated results
About this history: every entry shows when the Thesis moved and what it said. The reasoning behind each move (the evidence, the analysis and the source filing) and the earnings write-ups are part of a subscription.
Dates, trials and completed outcomes are open to everyone. What each upcoming milestone hinges on is part of a subscription.
Competitive landscape
9 peers tracked
Cash: Market-data provider estimate; measurement period unavailable.
Debt: Market-data provider estimate; a complete comparable filing balance is unavailable.
Quarterly burn: Estimated from trailing free cash flow; measurement period unavailable.
Net cash and estimated runway require verified matching measurement periods. Missing debt components are not assumed to be zero.
Runway: No underlying guidance available.