Thor Medical

Norway
Oslo, Oslo, Norway, 0884

Company profile

Thor Medical company profile

Thor Medical ASA is a biopharmaceutical company dedicated to extending and improving the lives of patients with haematological cancers through the development and commercialisation of innovative targeted therapeutics. The company's lead clinical-stage product is Betalutin®, the first in a new class of antibody radionuclide conjugates (ARCs), designed to improve upon and complement current options for the treatment of non-Hodgkin lymphoma (NHL). NHL is an indication with substantial unmet medical need and orphan drug opportunities. Betalutin® is a tumour-seeking anti-CD37 antibody conjugated to a low-intensity radionuclide (lutetium-177). It is showing promising efficacy and tolerability in a Phase 1/2 clinical study in a difficult-to-treat NHL patient population. The company aims to develop Betalutin® for the treatment of patients with relapsed/refractory NHL. Nordic Nanovector intends to retain marketing rights and to actively participate in the commercialisation of Betalutin® in core markets, while exploring potential distribution agreements in selected geographies. Nordic Nanovector is committed to building a pipeline of novel ARCs and antibody drug conjugates (ADCs) addressing multiple selected haematological malignancies based on proprietary technologies and expertise, and with technologies from partners where complementary.

Business identity

Contact email
[email protected]
Phone number
+47 22 18 33 01
Operating status
Active
Company type
For Profit
Employee range
1-10 employees
Revenue range
$0+
Founded
2009-01-01, Year

Headquarters

Headquarters
Oslo, Oslo, Norway
Postal code
0884
Country code
NO
Continent
Europe

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
5
Total equity funding
$37.2M
Last funding
Post IPO Equity / $8.7M / 2025-06-18
Last equity funding
Post IPO Equity / $8.7M
Investors
2
Lead investors
1
Founders
3
Articles
52
Exited on
2020-11-30

Founders and investors

Founders

Jostein DahleØyvind Sverre BrulandRoy H. Larsen

Lead investors

Norwegian Research Council

Investors

Birk VentureNorwegian Research Council