Company intelligence / Profile preview

Rakuten Medical, Inc.

San Diego, California, USArakuten-med.com ↗
Ownership
Private
Employees
~220
Development stage
Commercial
01

Overview

Rakuten Medical’s lead program ASP-1929 has shown preliminary safety and efficacy data when used alone or combined with anti-PD1 therapy. In Japan, the therapy received regulatory approval for certain head and neck cancers. A global Phase 3 trial for first-line recurrent head and neck cancer was initiated in January 2025. The company continues to expand its pipeline using the Alluminox™ platform[1][2][4].

Therapeutic areas
Oncology
Modalities
Photoimmunotherapy (antibody-dye conjugates)biologics
Industry
Biotech
02

Drug pipeline

10 assets

cetuximab sarotalocan sodium

3

9 more assets in the full pipeline.

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03

Partnerships

University of Texas MD Anderson Cancer Center – strategic alliance on Alluminox™ platform advancementMerck KGaA – supply agreement for cetuximab used in ASP‑1929 productionShimadzu Corporation – joint device development/commercialization agreement for Alluminox™ platform devicesKarkinos Healthcare – partnership to expand novel cancer care reach in India[2][3]

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