QSAM Biosciences

Palm Beach, United States Founded: 2004 • Age: 22 yrs Acquired By Telix Pharma
Developer of nuclear medicines for the treatment of bone cancer treatment bone marrow ablation
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About QSAM Biosciences

QSAM Biosciences is a company based in Palm Beach (United States) founded in 2004 was acquired by Telix Pharma in February 2024.. The company has 4 employees as of December 31, 2021. QSAM Biosciences operates in a competitive market with competitors including SpringWorks Therapeutics, Sana Biotechnology, Janux Therapeutics, GigaGen and Kronos Bio, among others.

  • Headquarter Palm Beach, United States
  • Employees 4 as on 31 Dec, 2021
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Q2earth Inc.
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
    $-4.39 M
    20
    as on Dec 31, 2023
  • EBITDA
    $-3.94 M
    28
    as on Dec 31, 2023
  • Latest Funding Round
    $2.5 M (USD), Post-IPO

    Jan 28, 2021

  • Investors
  • Employee Count
    4

    as on Dec 31, 2021

  • Acquired by
    Telix Pharma

    (Feb 08, 2024)

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Funding Insights of QSAM Biosciences

  • Total Funding
  • Total Rounds 3
  • Last Round Post-IPO — $2.5M
  • First Round

    (31 Mar 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Post-IPO - QSAM Biosciences Valuation

investors

Apr, 2017 Amount Post-IPO - QSAM Biosciences Valuation

investors

Mar, 2017 Amount Post-IPO - QSAM Biosciences Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in QSAM Biosciences

QSAM Biosciences has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Telix Pharmaceuticals and Checkmate Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Checkmate Capital is backed by family office for private equity.
Founded Year Domain Location
Theranostic radiopharmaceuticals are developed for cancer imaging and therapy.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by QSAM Biosciences

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - QSAM Biosciences

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Qsam Biosciences Comparisons

Employees
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Competitors of QSAM Biosciences

QSAM Biosciences 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 SpringWorks Therapeutics, Sana Biotechnology, Janux Therapeutics, GigaGen and Kronos Bio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Small molecule therapeutics are developed for cancer and rare diseases.
domain founded_year HQ Location
Genetically engineered cell therapies are developed for multiple disorders.
domain founded_year HQ Location
Immunotherapeutics for cancer treatment are developed to target solid tumors.
domain founded_year HQ Location
T-cell and antibody-based therapeutics are developed via single-cell sequencing platforms.
domain founded_year HQ Location
Small molecule therapeutics for cancer treatment are developed.
domain founded_year HQ Location
Chimeric antigen receptor macrophages are developed for cancer treatment.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Qsam Biosciences

Frequently Asked Questions about QSAM Biosciences

When was QSAM Biosciences founded?

QSAM Biosciences was founded in 2004 and raised its 1st funding round 13 years after it was founded.

Where is QSAM Biosciences located?

QSAM Biosciences is headquartered in Palm Beach, United States. It is registered at Palm Beach, Florida, United States.

Who is the current CEO of QSAM Biosciences?

Kevin Bolin is the current CEO of QSAM Biosciences.

How many employees does QSAM Biosciences have?

As of Dec 31, 2021, the latest employee count at QSAM Biosciences is 4.

What does QSAM Biosciences do?

Nuclear medicines for treating bone cancer and bone marrow ablation are developed by QSAM Biosciences, founded in 2004 and based in Palm Beach, United States. Operations focus on radiopharmaceuticals like Samarium-153 DOTMP, known as CycloSam, which emits beta and gamma radiation to target cancer cells. Applications include osteosarcoma, metastatic bone cancers, immune and blood diseases, and sickle cell conditions within the biotechnology sector.

Who are the top competitors of QSAM Biosciences?

QSAM Biosciences's top competitors include SpringWorks Therapeutics, Janux Therapeutics and Kronos Bio.

Who are QSAM Biosciences's investors?

QSAM Biosciences has 2 investors. Key investors include Telix Pharmaceuticals, and Checkmate Capital.

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