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Q BioMed

Full company profile

uuid0005wvl

Namestring
Q BioMed
Legal namestring
Q BioMed Inc.
Websiteurl
qbiomed.com
Company typeenum
Public
Founded yearint
2014
Short descriptiontext

Q BioMed is a publicly traded, pre-revenue biomedical development company that develops radiopharmaceutical therapies, with Strontium89 for metastatic bone pain as its lead asset. It targets cancer patients and the providers serving them, aiming for worldwide commercialization.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
radiopharmaceutical therapy, bone pain treatment, cancer drug development, biomedical drug commercialization, metastatic cancer treatment
Industry1 code
1Radiopharmacy Compounding & Dispensing (Hospital/Commercial)
CodeHLAIAGAEPrimaryYes
NAICS code1 code
  • Pharmaceutical and Medicine Manufacturing3254
SIC code1 code
  • Pharmaceutical Preparations2834
Product category
Radiopharmaceutical Therapies
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Drug Development and Commercialization
TypeOne Time License
Description

Q BioMed is a pre-revenue biotech company developing pharmaceutical products including Strontium89 for cancer treatment. The company currently has no revenue but is working to advance its drug pipeline toward commercialization.

defenseworld.net
Cost components4 values
Technology or R&D, Operations, Personnel, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Q BioMed is a biomedical acceleration and development company developing pharmaceutical products for cancer treatment, with Strontium89—a radiopharmaceutical therapy for metastatic bone pain—as its primary commercial asset. The company is executing a worldwide rollout of Strontium89 and advancing additional pipeline assets toward commercialization.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Strontium89
CategoryRadiopharmaceutical therapy / Oncology
Description

A radiopharmaceutical therapy intended for the treatment of metastatic bone pain, positioned as Q BioMed's lead commercial asset and being rolled out worldwide as part of the company's drug commercialization efforts. It is targeted at healthcare providers—primarily oncologists, nuclear medicine specialists, and hospitals—serving cancer patients with bone metastases.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Peers10 records
TypeDirect peer
Description

Commercial-stage radiopharmaceutical company developing diagnostic and therapeutic radioligands for cancer. Direct competitor to Q BioMed in the therapeutic radiopharmaceutical space and the closest publicly traded pure-play comparable.

TypeDirect peer
Description

Specialty radiopharmaceutical company with both diagnostic and therapeutic radiopharma assets, including bone and oncology franchises. Comparable to Q BioMed as a focused radiopharma operator targeting oncology indications.

TypeBroad incumbent
Description

Global pharmaceutical incumbent owning Lutathera and Pluvicto, the leading commercial radioligand therapies. Defines the standard Q BioMed must compete against in therapeutic radiopharmaceuticals and represents a likely strategic acquirer.

TypeBroad incumbent
Description

Markets Xofigo (radium-223), a radiopharmaceutical for bone metastases in prostate cancer — the most direct therapeutic substitute for Strontium89 in the metastatic bone pain indication Q BioMed targets.

TypeDirect peer
Description

World's largest radiopharmaceutical manufacturer with a broad portfolio of diagnostic and therapeutic nuclear medicine products. Comparable as a vertically integrated radiopharma operator with both manufacturing and commercial reach.

TypeEmerging player
Description

Clinical-stage radiopharma company developing therapeutic and diagnostic radioisotopes for oncology. Comparable emerging pure-play radiopharma with similar therapeutic focus to Q BioMed's pipeline.

TypeEmerging player
Description

Clinical-stage developer of targeted alpha therapies (conjugates) for cancer. Comparable emerging radiopharma peer with overlapping therapeutic oncology focus and similar development-stage profile.

TypeBroad incumbent
Description

Global imaging and radiopharmaceutical company with a portfolio of diagnostic nuclear medicine products. Comparable as an established radiopharma player with the manufacturing and distribution scale Q BioMed lacks.

TypeBroad incumbent
Description

Operates one of the largest U.S. radiopharmacy networks distributing Strontium-89 and other therapeutic radiopharmaceuticals. Comparable as a critical commercial channel partner and direct competitor for bone-pain radiotherapeutics.

TypeBroad incumbent
Market position
Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Q BioMed

Radiopharmaceutical Therapiesqbiomed.com

Q BioMed is a publicly traded, pre-revenue biomedical development company that develops radiopharmaceutical therapies, with Strontium89 for metastatic bone pain as its lead asset. It targets cancer patients and the providers serving them, aiming for worldwide commercialization.

Q BioMed firmographics

Firmographics
Name
Q BioMed
Legal name
Q BioMed Inc.
Website
https://qbiomed.com
Company type
Public
Founded year
2014
Operating status
Operating
Headcount range
11–50 employees
Short description
Q BioMed is a publicly traded, pre-revenue biomedical development company that develops radiopharmaceutical therapies, with Strontium89 for metastatic bone pain as its lead asset. It targets cancer patients and the providers serving them, aiming for worldwide commercialization.
Ownership category
akta.pro rank

Q BioMed industry classification

Industry
Product category
Radiopharmaceutical Therapies
NAICS
Pharmaceutical and Medicine Manufacturing (3254)
SIC
Pharmaceutical Preparations (2834)
akta.pro primary industry
Radiopharmacy Compounding & Dispensing (Hospital/Commercial) (HLAIAGAE)

Keywords

  • Radiopharmaceutical therapy
  • Bone pain treatment
  • Cancer drug development
  • Biomedical drug commercialization
  • Metastatic cancer treatment

Where Q BioMed is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Markets served

Q BioMed business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Operations, Personnel, Marketing or Sales

Revenue model

  1. Drug Development and Commercialization: Q BioMed is a pre-revenue biotech company developing pharmaceutical products including Strontium89 for cancer treatment. The company currently has no revenue but is working to advance its drug pipeline toward commercialization.

Go-to-market motion1 record

Q BioMed product offering

Product offering

Core offering

Q BioMed is a biomedical acceleration and development company developing pharmaceutical products for cancer treatment, with Strontium89—a radiopharmaceutical therapy for metastatic bone pain—as its primary commercial asset. The company is executing a worldwide rollout of Strontium89 and advancing additional pipeline assets toward commercialization.

Differentiator

Problem solved

Functional benefit

Products and services

  • Strontium89 A radiopharmaceutical therapy intended for the treatment of metastatic bone pain, positioned as Q BioMed's lead commercial asset and being rolled out worldwide as part of the company's drug commercialization efforts. It is targeted at healthcare providers—primarily oncologists, nuclear medicine specialists, and hospitals—serving cancer patients with bone metastases.

Companies that use Q BioMed

Customer profile

Segments1 record

Ideal customer profiles1 record

Q BioMed technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Q BioMed partnerships and signals

Strategic signal

Scale indicators4 records

Q BioMed competitors and assessment

Company assessment

Direct peers

  • Telix Pharmaceuticals: Commercial-stage radiopharmaceutical company developing diagnostic and therapeutic radioligands for cancer. Direct competitor to Q BioMed in the therapeutic radiopharmaceutical space and the closest publicly traded pure-play comparable.
  • Lantheus Holdings: Specialty radiopharmaceutical company with both diagnostic and therapeutic radiopharma assets, including bone and oncology franchises. Comparable to Q BioMed as a focused radiopharma operator targeting oncology indications.
  • Curium Pharma: World's largest radiopharmaceutical manufacturer with a broad portfolio of diagnostic and therapeutic nuclear medicine products. Comparable as a vertically integrated radiopharma operator with both manufacturing and commercial reach.

Broad incumbents

  • Novartis: Global pharmaceutical incumbent owning Lutathera and Pluvicto, the leading commercial radioligand therapies. Defines the standard Q BioMed must compete against in therapeutic radiopharmaceuticals and represents a likely strategic acquirer.
  • Bayer: Markets Xofigo (radium-223), a radiopharmaceutical for bone metastases in prostate cancer — the most direct therapeutic substitute for Strontium89 in the metastatic bone pain indication Q BioMed targets.
  • Bracco Imaging: Global imaging and radiopharmaceutical company with a portfolio of diagnostic nuclear medicine products. Comparable as an established radiopharma player with the manufacturing and distribution scale Q BioMed lacks.
  • Cardinal Health (Nuclear & Precision Health): Operates one of the largest U.S. radiopharmacy networks distributing Strontium-89 and other therapeutic radiopharmaceuticals. Comparable as a critical commercial channel partner and direct competitor for bone-pain radiotherapeutics.
  • GE HealthCare:

Emerging players

  • ITM Isotope Technologies Munich: Clinical-stage radiopharma company developing therapeutic and diagnostic radioisotopes for oncology. Comparable emerging pure-play radiopharma with similar therapeutic focus to Q BioMed's pipeline.
  • Fusion Pharmaceuticals: Clinical-stage developer of targeted alpha therapies (conjugates) for cancer. Comparable emerging radiopharma peer with overlapping therapeutic oncology focus and similar development-stage profile.

Market position

Customer concentration

Q BioMed social profiles

Digital presence

Q BioMed financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Q BioMed leadership team

Management profile

Number of profiles

Profiles2 records

Q BioMed funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Q BioMed M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Q BioMed

What does Q BioMed do?

Q BioMed is a biomedical acceleration and development company developing pharmaceutical products for cancer treatment, with Strontium89—a radiopharmaceutical therapy for metastatic bone pain—as its primary commercial asset. The company is executing a worldwide rollout of Strontium89 and advancing additional pipeline assets toward commercialization.

Is Q BioMed a public or private company?

Q BioMed is a public company. It is classified as public and is currently operating.

When was Q BioMed founded?

Q BioMed was founded in 2014. It employs 11 to 50 people.

Where is Q BioMed based?

Q BioMed is headquartered in New York, United States, in the North America region.

How does Q BioMed make money?

One revenue line is on record: drug Development and Commercialization.

Who are Q BioMed's main competitors?

Direct peers on record are Telix Pharmaceuticals, Lantheus Holdings and Curium Pharma. Broad incumbents are Novartis, Bayer, Bracco Imaging, Cardinal Health (Nuclear & Precision Health) and GE HealthCare. Emerging players are ITM Isotope Technologies Munich and Fusion Pharmaceuticals.

Does Q BioMed have an API?

No public API is recorded for Q BioMed.

What industry is Q BioMed in?

Q BioMed's product category is Radiopharmaceutical Therapies. Its primary akta.pro industry code is HLAIAGAE, Radiopharmacy Compounding & Dispensing (Hospital/Commercial). Its NAICS code is 3254 and its SIC code is 2834.

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Live signals
Quantum ZeitgeistQuantum and Healthcare Fields Connect for CollaborationResearchers at Q-BIOMED Connect 2026 presented dynamic magnetic field shielding techniques that could lower magnetoencephalography costs and broaden access to brain imaging. The meeting emphasized clinical needs as the starting point for translating quantum sensing into healthcare, with Q-BIOMED Connect 2027 planned.Ticker ReportHead to Head Comparison: Quest Diagnostics (NYSE:DGX) and Q Biomed (OTCMKTS:QBIO)Quest Diagnostics beats Q Biomed on 9 of 12 factors, including higher revenue, earnings, and profitability. Quest's consensus target price is $235.31, while Q Biomed has a lower P/E ratio but higher volatility. Analysts favor Q Biomed due to probable upside, but Quest's institutional ownership is stronger.Defense WorldQ Biomed (OTCMKTS:QBIO) vs. GeneDx (NASDAQ:WGS) Financial ComparisonThis article compares the financial metrics and stock characteristics of GeneDx (NASDAQ:WGS) and Q Biomed (OTCMKTS:QBIO), two medical companies, across factors including beta, institutional ownership, earnings, valuation, analyst recommendations, and profitability. GeneDx reported $427.54 million in revenue with negative net margins of -4.92%, while Q Biomed has no revenue but better per-share losses (-$0.02 vs -$0.75). The analysis concludes that GeneDx outperforms Q Biomed on 9 of 12 compared factors, with a consensus price target of $140.71 suggesting 112.56% potential upside.Press Information BureauPress Release Page | Press Information BureauThe Rajiv Gandhi Centre for Biotechnology (RGCB) received orphan drug designation from the US FDA for Uttroside-B, a compound isolated from Manathakkali leaves with potential anti-cancer properties. The technology was subsequently acquired by the US pharmaceutical company QBioMed through a transfer facilitated by the Oklahoma Medical Research Foundation.PR NewswireQ BioMed Inc. Chemotherapeutic Uttroside B, Receives Notice of Allowance for Patent from United States Patent OfficeQ BioMed Inc. announced it has received a notice of allowance from the United States Patent Office for its Uttroside-B patent, a chemotherapeutic agent targeting hepatocellular carcinoma (liver cancer). Pre-clinical pharmacokinetic testing showed encouraging results, with Uttroside-B demonstrating ten times the cytotoxicity against HCC compared to the current standard of care drug. The company already holds patents in Korea, Canada, and Japan, and has received Orphan Drug designation from the FDA.BenzingaShort Volatility Alert: Q Biomed Inc - Q BioMed Inc (OTC:QBIO)On January 11, 2023, Q Biomed Inc (OTC:QBIO) experienced unusual short-selling activity, with the stock price declining 11.11% to $0.008. The securities lending volatility indicator from Tidal Markets, in partnership with Benzinga Insights, showed a 279.09% volatility change with the current volatility indicator at 9.551. The overall sentiment for QBIO was classified as Bearish, with the recommendation being to Increase Short Exposure.PR NewswireQ BIOMED ANNOUNCES ADDITION OF MULTI-MILLION DOLLAR ASSET VALUE WITH EQUITY STAKE IN MANIIN RESEARCH INC.Q BioMed Inc. has converted its long-term royalty agreement into a 15% equity stake in Mannin Research Inc., a private Canadian biotechnology company, while retaining a $20 million royalty on future net sales. This transaction allows Q BioMed to recognize approximately CAD$5.0 million in shareholder equity based on Mannin's current valuation of CAD$30 million. The companies anticipate that Mannin's drug pipeline for glaucoma, kidney disease, and ARDS will drive significant future value through clinical milestones and potential strategic partnerships.PR NewswireQ BIOMED PROVIDES SHAREHOLDER UPDATEQ BioMed Inc. issued a shareholder update outlining its 2022 focus on portfolio monetization and a strategic roll-up strategy targeting rare diseases and unmet medical needs. The company expects to amend its agreement with Mannin Research to acquire an equity stake, adding millions to its asset base, while Mannin's ARDS clinical trial is anticipated within 8 months and its combined addressable market exceeds $150 billion annually. The company also reported that its Strontium89 product is seeing increased hospital adoption with 2022 revenue exceeding prior year levels, though it acknowledged that its stock valuation has suffered due to broader biotech market conditions.PR NewswireQ BioMed Inc. Provides Update to ShareholdersQ BioMed Inc. reported Q2 2022 revenues up over 100% from Q1 and over 300% from Q2 2021, marking its best quarterly sales result to date, driven by increased Strontium89 uptake in the cancer palliation market. The company's liver cancer drug candidate Uttroside B, derived from a molecule identified in India, showed promising data suggesting superior efficacy over existing first-line therapies, prompting partnership interest from larger oncology institutions. Mannin's drug platform development program is progressing toward an ARDS clinical trial within eight months, supported by non-dilutive government funding from Canada and Germany, with Q BioMed planning to convert its royalty agreement into an equity position.PR NewswireQ BioMed Outlines Strategy and Value Proposition in Multi-Billion Dollar MarketsQ BioMed Inc., a commercial-stage biotechnology company, outlined its 2022 strategy and pipeline across four focus areas: commercial product revenue growth, partnerships, joint venture equity value, and future development platform. The company reported Strontium89 revenue growth with a $500,000 order received for the Chinese market, while partner Mannin Research raised over $10 million for ARDS therapeutic development ahead of Phase I trials. Management expressed disappointment with the current market cap, indicating efforts to restructure capital and pursue a Nasdaq uplisting, with the Mannin equity stake potentially valued at approximately $60 million.