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Evergreen Theragnostics
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The financing advances Evergreen's novel discovery pipeline into clinical trials, including its novel theragnostic pair, 177Lu-EVG-321 and 68Ga-EVG-321, a novel radiopharmaceutical drug, which, if successful, could offer new hope to patients with small cell lung cancer.


Lead Product(s): 177Lu-EVG-321

Therapeutic Area: Oncology Product Name: EVG-321

Highest Development Status: PreclinicalProduct Type: Small molecule

Partner/Sponsor/Collaborator: Petrichor

Deal Size: $26.0 million Upfront Cash: Undisclosed

Deal Type: Financing April 16, 2024

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Under the terms of the agreement, Evergreen will develop 225Ac-FAP-2286 at its facility in Springeld, N.J. The facility was purpose-built to develop and manufacture a variety of therapeutic radiopharmaceuticals, including those based on alpha-emitting isotopes.


Lead Product(s): 225Ac-FAP-2286

Therapeutic Area: Oncology Product Name: 225Ac-FAP-2286

Highest Development Status: UndisclosedProduct Type: Peptide

Recipient: Clovis Oncology

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Agreement March 16, 2022

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The agreement with Evergreen provides long term commercial supply of iopofosine I-131 and supply of clinical study material for Cellectar’s pivotal study in Waldenstrom’s macroglobulinemia (WM) as well as ongoing Phase 1 and Phase 2 clinical studies.


Lead Product(s): Iopofosine I-131

Therapeutic Area: Oncology Product Name: CLR-131

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Cellectar

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Agreement August 16, 2021

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Under the terms of the deal, Evergreen will provide US-based manufacturing for Precirix’s lead product candidate, CAM-H2. CAM-H2 is being evaluated in a Phase I/II clinical trial targeting HER2-positive metastatic breast and gastric cancer.


Lead Product(s): 131-Iodine conjugated anti-HER2 sdAb 2Rs15d

Therapeutic Area: Oncology Product Name: CAM-H2

Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Precirix

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Partnership April 28, 2021

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