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Ablaze Plans $100 Million Facility in Chengdu Medical City for Targeted Radiation Therapies

publication date: Aug 3, 2022

Ablaze Pharma, a targeted radiation therapy company, signed an agreement with the Wenjiang District Government of Chengdu to build a $100 million R&D and manufacturing center in Chengdu Medical City. The source of the capital was not disclosed, though it was announced during the Conference of Major Advanced Manufacturing Projects by Foreign Direct Investment. Ablaze has China rights to five targeted radiation therapies from San Diego’s RayzeBio, whose radiopharmaceuticals deliver radioisotopes to tumors via the bloodstream. The therapies consist of a small peptide binder, a linker and a potent radioactive payload. More details....

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