On Target Laboratories

West Lafayette, United States Founded: 2010 • Age: 16 yrs
Molecular imaging agents for cancer surgery are developed.
Annual revenue - Latest available
Total funding $116.5M 8 rounds
Employees 29 Tracked headcount
Investors 13 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About On Target Laboratories

On Target Laboratories is a company based in West Lafayette (United States) founded in 2010 by Phil S Low. On Target Laboratories has raised $116.5 million across 8 funding rounds from investors including Olympus, HHS and H.I.G. Capital. The company has 29 employees as of December 31, 2023. On Target Laboratories offers products and services including CYTALUX. On Target Laboratories operates in a competitive market with competitors including Huake Precision (Beijing) Medical Technology, Lumicell Diagnostics, Averto Medical, Guerbet and C-RAD, among others.

  • Headquarter West Lafayette, United States
  • Employees 29 as on 31 Dec, 2023
  • Founders Phil S Low
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name On Target Laboratories, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $116.5 M (USD)

    in 8 rounds

  • Latest Funding Round
    $30 M (USD), Series C

    Nov 16, 2023

  • Investors
    Olympus

    & 12 more

  • Employee Count
    29

    as on Dec 31, 2023

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Products & Services of On Target Laboratories

On Target Laboratories offers a comprehensive portfolio of products and services, including CYTALUX.

Product name locked
Category locked
Primary

FDA-approved agent for detecting and illuminating tumors during cancer surgery.

People of On Target Laboratories

Headcount 10-50
Employee Profiles 17
Employee Profiles
People
Christopher Seekamp
Director of Process Development, CMC
People
Jessica Todd
Vice President Marketing
People
Philip Low
Co-Founder and Chief Science Officer
People
Pravin Gagare
Director, CMC

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Funding Insights of On Target Laboratories

On Target Laboratories has successfully raised a total of $116.5M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in On Target Laboratories

On Target Laboratories has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Olympus, HHS and H.I.G. Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage healthcare investments are made by 3B Future Health Fund.
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Early-stage investments are made in diverse sectors by the firm.
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Venture capital firm backed by Johnson & Johnson
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Investor details for On Target Laboratories

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Investments & Acquisitions by On Target Laboratories

Investments
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Investment portfolio details for On Target Laboratories

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Financial Statements - On Target Laboratories

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Detailed financials for On Target Laboratories

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On Target Laboratories Comparisons

On Target Laboratories Primary company
Description
Molecular imaging agents for cancer surgery are developed.
Location
West Lafayette, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
29
As of 2023
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Peer comparison for On Target Laboratories

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Competitors of On Target Laboratories

On Target Laboratories operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Huake Precision (Beijing) Medical Technology, Lumicell Diagnostics, Averto Medical, Guerbet and C-RAD, among others.

Company Name Domain Founded year HQ Location Description
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Neurosurgery robots are provided for neurological disorder treatments.
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Developer of fluorescence-guided imaging technologies to help surgeons detect residual cancer tissue during operations
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Medical devices for gastrointestinal disease patients are developed.
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Contrast agents and delivery systems are developed for medical imaging.
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Oncology treatments are delivered through standalone clinics.
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Detailed competitors of On Target Laboratories

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Latest news on On Target Laboratories

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Complete news archive for On Target Laboratories

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Frequently Asked Questions about On Target Laboratories

On Target Laboratories was founded in 2010 and raised its 1st funding round 4 years after it was founded.

On Target Laboratories is headquartered in West Lafayette, United States. It is registered at West Lafayette, Indiana, United States.

Chris Barys is the current CEO of On Target Laboratories.

On Target Laboratories is a funded company, having raised a total of $116.5M across 8 funding rounds to date.

As of Dec 31, 2023, the latest employee count at On Target Laboratories is 29.

On Target Laboratories was founded in 2010 in West Lafayette, United States. Focus is placed on the biotechnology sector, where molecular imaging agents are developed to assist in cancer surgery. Fluorescent markers based on this technology are supplied to highlight cancerous tissue during procedures, allowing for targeted removal. Key roles are held by Phil S. Low as Founder and Chief Science Officer, and Chris Barys as CEO and President.

On Target Laboratories's top competitors include Huake Precision (Beijing) Medical Technology, Lumicell Diagnostics and Guerbet.

On Target Laboratories offers CYTALUX.

On Target Laboratories has 13 investors. Key investors include Olympus, HHS, H.I.G. Capital, Johnson & Johnson Innovation, and Pension Fund.

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