Avid Radiopharmaceuticals
Avid Radiopharmaceuticals, founded in 2005 and based in Philadelphia, is a wholly-owned subsidiary of Eli Lilly that develops proprietary molecular imaging agents for detecting and monitoring chronic neurological diseases, serving healthcare providers, pharmaceutical companies, and diagnostic laboratories.
- Company typePrivate
- Founded2005
- HeadquartersPhiladelphia, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
Avid Radiopharmaceuticals firmographics
Firmographics- Name
- Avid Radiopharmaceuticals
- Legal name
- Avid Radiopharmaceuticals, Inc
- Website
- https://avidrp.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Avid Radiopharmaceuticals, founded in 2005 and based in Philadelphia, is a wholly-owned subsidiary of Eli Lilly that develops proprietary molecular imaging agents for detecting and monitoring chronic neurological diseases, serving healthcare providers, pharmaceutical companies, and diagnostic laboratories.
- Ownership category
- akta.pro rank
Avid Radiopharmaceuticals industry classification
Industry- Product category
- Diagnostic Radiopharmaceuticals
- NAICS
- In-Vitro Diagnostic Substance Manufacturing (325413)
- SIC
- In Vitro & In Vivo Diagnostic Substances (2835)
- akta.pro primary industry
- Diagnostic Radiopharmaceuticals (SPECT/PET Tracers) (HLAIAGAA)
Keywords
Where Avid Radiopharmaceuticals is headquartered
LocationHeadquarters
- HQ city
- Philadelphia
- HQ country
- United States
- HQ region
- North America
Markets served
Avid Radiopharmaceuticals business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Supply Chain, Infrastructure
Avid Radiopharmaceuticals product offering
Product offeringCore offering
Avid Radiopharmaceuticals develops molecular imaging agents used to detect and monitor chronic human diseases, with a specialization in diagnostic solutions for neurological conditions such as Alzheimer's disease. The company operates as a wholly-owned subsidiary of Eli Lilly and Company, leveraging Lilly's biotechnology, chemistry, and genetic medicine platforms to deliver diagnostic products that improve global health outcomes and accelerate the development of new medicines.
Differentiator
Problem solved
Functional benefit
Companies that use Avid Radiopharmaceuticals
Customer profileSegments1 record
Ideal customer profiles1 record
Avid Radiopharmaceuticals technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Avid Radiopharmaceuticals partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Eli Lilly and CompanycoreAvid Radiopharmaceuticals is a wholly-owned subsidiary of Eli Lilly and Company. Avid's mission to discover, develop, and deliver diagnostic solutions that improve global health aligns with Lilly's pursuit of breakthrough science. As part of Lilly's subsidiary network, Avid benefits from Lilly's resources, technology platforms, and global reach in biotechnology, chemistry, and genetic medicine to accelerate the development of new medicines.
Scale indicators2 records
Avid Radiopharmaceuticals competitors and assessment
Company assessmentDirect peers
- GE HealthCare: GE HealthCare developed Vizamyl (flutemetamol), an FDA-approved amyloid PET tracer directly competing with Avid's Amyvid in Alzheimer's imaging. The two companies lead the commercial PET amyloid diagnostic market.
- Life Molecular Imaging: Life Molecular Imaging (a Piramal company) developed and commercializes Neuraceq (florbetaben), another FDA-approved amyloid PET tracer for Alzheimer's diagnosis, directly competing with Avid's Amyvid.
- Cerveau Technologies: Cerveau develops tau PET imaging agents (MK-6240) for neurodegenerative disease. Acquired by Lilly in 2023, it is now a sibling Avid subsidiary and directly comparable as a CNS-focused radiopharmaceutical developer.
- Lantheus Holdings: Lantheus is a leading radiopharmaceutical company with a portfolio including PyL (PSMA PET agent) and Alzheimer imaging pipeline assets. Its radiopharmaceutical development and commercialization capabilities make it a direct peer to Avid.
Emerging players
- C2N Diagnostics: C2N Diagnostics offers the PrecivityAD blood test for amyloid detection, representing an emerging non-PET diagnostic modality that competes with Avid's imaging-based franchise in Alzheimer's.
- Fujirebio (H.U. Group Holdings): Fujirebio received FDA breakthrough designation and approval for Lumipulse G pTau217/β-Amyloid 1-42 plasma ratio assays, offering a blood-based alternative to PET imaging for Alzheimer's diagnosis that could compete with Avid.
- Quanterix: Quanterix's Simoa single-molecule array platform powers ultra-sensitive blood-based biomarker detection for neurodegenerative disease, offering an emerging scalable alternative to Avid's PET imaging agents.
Broad incumbents
- Roche Diagnostics: Roche's Elecsys CSF immunoassays for Alzheimer's biomarkers (pTau181, Aβ42) are a well-established diagnostic alternative to PET imaging and represent a broad incumbent diagnostic competitor to Avid's neurological franchise.
- Bayer (Curium / Telix Pharmaceuticals partnership): Bayer has significant radiopharmaceutical investments including Xofigo and pipeline agents, and through its broader pharmaceutical franchise competes with Lilly/Avid in adjacent imaging and therapeutic radiopharma markets.
Others
- Eisai: Eisai co-develops Leqembi (lecanemab) with Biogen, the leading competing Alzheimer's therapeutic to Lilly's Kisunla. As a therapeutic competitor, Eisai indirectly shapes demand for Avid's companion diagnostics in Alzheimer's.
Market position
Customer concentration
Avid Radiopharmaceuticals social profiles
Digital presenceAvid Radiopharmaceuticals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avid Radiopharmaceuticals leadership team
Management profileNumber of profiles
Profiles5 records
Avid Radiopharmaceuticals funding detail
Funding detailFunding overview
Funding rounds4 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avid Radiopharmaceuticals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avid Radiopharmaceuticals
What does Avid Radiopharmaceuticals do?
Avid Radiopharmaceuticals develops molecular imaging agents used to detect and monitor chronic human diseases, with a specialization in diagnostic solutions for neurological conditions such as Alzheimer's disease. The company operates as a wholly-owned subsidiary of Eli Lilly and Company, leveraging Lilly's biotechnology, chemistry, and genetic medicine platforms to deliver diagnostic products that improve global health outcomes and accelerate the development of new medicines.
Is Avid Radiopharmaceuticals a public or private company?
Avid Radiopharmaceuticals is a private company. It is classified as corporate owned and is currently operating.
When was Avid Radiopharmaceuticals founded?
Avid Radiopharmaceuticals was founded in 2005. It employs 51 to 100 people.
Where is Avid Radiopharmaceuticals based?
Avid Radiopharmaceuticals is headquartered in Philadelphia, United States, in the North America region.
Who are Avid Radiopharmaceuticals's main competitors?
Direct peers on record are GE HealthCare, Life Molecular Imaging, Cerveau Technologies and Lantheus Holdings. Emerging players are C2N Diagnostics, Fujirebio (H.U. Group Holdings) and Quanterix. Broad incumbents are Roche Diagnostics and Bayer (Curium / Telix Pharmaceuticals partnership). Eisai is listed as an others.
Does Avid Radiopharmaceuticals have an API?
No public API is recorded for Avid Radiopharmaceuticals.
What industry is Avid Radiopharmaceuticals in?
Avid Radiopharmaceuticals's product category is Diagnostic Radiopharmaceuticals. Its primary akta.pro industry code is HLAIAGAA, Diagnostic Radiopharmaceuticals (SPECT/PET Tracers). Its NAICS code is 325413 and its SIC code is 2835.