Fundraising Fox

Fuzionaire DX

1 known investors

Fuzionaire Theranostics develops radiopharmaceuticals for oncology using its HetSiFA silicon (SiFA) chemistry platform, creating chemically matched fluorine-18 PET diagnostic and radioligand therapy pairs. Its lead program, FTX-426, targets GRPR-expressing solid tumors such as prostate and breast cancer.

Also known as Fuzionaire Diagnostics · Fuzionaire Diagnostics, Inc. · Fuzionaire Dx · Fuzionaire Theranostics · Fuzionaire Tx

Investors · 1

Company profile

researched Aug 2026

Fuzionaire Diagnostics ("Fuzionaire Dx"), which presents itself as Fuzionaire Theranostics ("Fuzionaire Tx"), is a radiopharmaceutical company applying silicon-fluorine chemistry to build matched diagnostic and therapeutic radiopharmaceutical pairs for oncology. Its patented HetSiFA compositions incorporate radioisotopes into disease-targeting ligands rapidly and at ambient temperature, using existing radiochemistry infrastructure. The company originally launched the platform as a disease-agnostic radiolabeling method intended to broaden the range of biological targets accessible to positron emission tomography (PET), to lower radiotracer cost and preparation time given fluorine-18's roughly 110-minute half-life, and to serve as an in vivo pharmacology tool in drug discovery.

The platform now supports chemically matched diagnostic and therapeutic companions derived from common molecular architectures. HetSiFA-based diagnostics can be labeled with fluorine-18 or gallium-68, while HetSiFA-based therapeutics are developed for lutetium-177 radioligand therapy, with selective evaluation of terbium-161 and lead-212 depending on target biology. The company also describes work on endocyclic SiFA architectures. Fuzionaire positions fluorine-18 as a scalability strategy enabling centralized manufacturing, regional distribution and standardized quantitative imaging, and frames its matched pairs as supporting patient selection, biodistribution assessment and prospective dosimetry.

The team spans chemistry, radiochemistry, biophysics, medicine and operations. Nick Slavin is co-founder and CEO; Christopher Waldmann, PhD, a radiopharmacist who invented the HetSiFA technology as a postdoc at UCLA's Crump Institute for Molecular Imaging in collaboration with the Grubbs laboratory at Caltech, is Chief Scientific Officer; Thomas Singleton, PhD, is Vice President, Chemistry; Bethany Cates is Director of Operations and corporate secretary; Li Boynton serves on the board of directors; Nova Spivack is a co-founder. Anton Toutov, PhD, was co-founder and chief science officer during the company's earlier Fuzionaire Diagnostics period.

Founding story

The company's technology traces to silicon and alkali-metal catalysis chemistry from the Caltech laboratory of Nobel laureate Robert Grubbs. Earlier company materials describe the platform as based on a discovery by Anton Toutov during his PhD under Grubbs, which created a branch of catalysis using Earth-abundant alkali metals such as potassium and sodium and made chemical processes possible at ambient temperature and pressure without precious metals. The company's current materials state that Christopher Waldmann invented the HetSiFA technology as a postdoctoral researcher at UCLA's Crump Institute for Molecular Imaging in collaboration with the Grubbs lab, and that this invention constitutes the scientific basis of Fuzionaire Theranostics. Fuzionaire Dx was co-founded by CEO Nick Slavin, CSO Anton Toutov and Nova Spivack, and Fuzionaire Theranostics is described as applying Fuzionaire's silicon chemistry, with Fuzionaire itself characterized as an R&D lab spun out of the Grubbs lab at Caltech.

Business model

Development of proprietary radiopharmaceutical candidates built on an in-house, patented chemistry platform, advanced through academic, clinical and industrial research collaborations and positioned for strategic partnering; the platform is also described as a potential tool for pharmaceutical drug discovery.

Traction

The lead program FTX-426 targets GRPR-expressing solid tumors, including prostate and breast cancer, and is designed as a matched fluorine-18/lutetium-177 theranostic pair, with additional undisclosed oncology programs. The CEO states that as of 2025 the company's collaborations span four continents and that its targeted therapies and PET imaging agents are being tested in cancer patients in Germany on a compassionate use basis. A multiyear research collaboration was established with the VCU College of Engineering in 2019, and early materials cited use of the radiolabeling platform by several clinical research centers and foundations.

Latest developments

The company now operates under the Fuzionaire Theranostics identity, presenting HetSiFA as a platform for matched PET and radioligand therapy programs across fluorine-18, gallium-68, lutetium-177, terbium-161 and lead-212, with FTX-426 in GRPR-expressing solid tumors as the lead program and exploration of endocyclic SiFA architectures. Per the CEO, targeted therapies and PET imaging agents were being tested in cancer patients in Germany on a compassionate use basis as of 2025.

Full profile — market position, technology, go-to-market, geography, history

Market position

The company describes itself as a chemistry-led radiopharmaceutical developer working in radiotheranostics, an area in which large pharmaceutical companies have been active; AstraZeneca completed its acquisition of radioconjugate developer Fusion Pharmaceuticals in June 2024 in a transaction valued at up to approximately $2.4 billion.

The company positions fluorine-18-based HetSiFA chemistry as a means of producing chemically matched diagnostic and therapeutic pairs from a common molecular architecture, and of enabling centralized manufacturing and regional distribution for scalable patient selection, rather than relying solely on generator-produced isotopes. Earlier materials emphasize radiolabeling at record-breaking speed and at ambient temperature via alkali metal catalysis without precious metals.

Technology

The HetSiFA platform is built on a stabilized silicon-fluorine bond chemistry enabled by alkali metal catalysis, allowing radioisotopes to be incorporated into disease-targeting peptides and other ligands quickly and at ambient temperature using existing radiochemistry infrastructure. The company states this reduces radiotracer preparation time and cost, expands the range of imageable biological targets, and reduces off-target imaging. Diagnostic agents can be labeled with fluorine-18 or gallium-68; therapeutic counterparts are designed for lutetium-177, with selective evaluation of terbium-161 and lead-212. Endocyclic SiFA architectures are under exploration to expand the design space for fluorine-18-enabled radiotheranostics. The HetSiFA compositions are described as patented.

Go-to-market

The company pursues academic, clinical and industrial collaborations across radiochemistry, nuclear medicine, oncology and translational development, and explicitly invites strategic collaboration around its platform and pipeline. Its programs are described as built for oncology development paths that support strategic collaboration.

Clinicians and researchers in nuclear medicine, oncology and molecular imaging, and pharmaceutical developers seeking early in vivo pharmacological data; ultimately cancer patients treated with matched PET diagnostics and radioligand therapy.

Geography

Announcements in 2018 and 2019 were issued from Pasadena, California. Personnel maintain affiliations with the Montreal Neurological Institute in Canada and the University Medical Center Mainz in Germany. As of 2025 the CEO describes collaborations spanning four continents and patient testing in Germany on a compassionate use basis.

History

Fuzionaire Diagnostics publicly launched its proprietary radiolabeling platform in August 2018 from Pasadena, California, positioning it as a disease-agnostic method to radiolabel molecules with fluorine-18 for diagnostics and drug discovery, and citing use by clinical research centers and foundations in neurology and oncology. In February 2019 the company executed a multiyear research agreement with the Virginia Commonwealth University College of Engineering to develop new radiopharmaceutical lead candidates and explore the platform as a drug-discovery tool, with leadership from VCU's B. Frank Gupton alongside Anton Toutov and Nick Slavin. The company subsequently developed as Fuzionaire Theranostics, extending the HetSiFA platform from fluorine-18 PET imaging into matched diagnostic and therapeutic programs, with FTX-426 as its lead candidate.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
Feb 2019
Research agreement with VCU College of Engineering

Fuzionaire Diagnostics and the Virginia Commonwealth University College of Engineering executed a multiyear research agreement to develop new radiopharmaceutical lead candidates and explore the company's radiochemistry platform as a drug-discovery tool. Leadership included VCU's B. Frank Gupton, CSO Anton Toutov and CEO Nick Slavin.

source ↗

Aug 2018
Launch of disease-agnostic radiolabeling platform

Fuzionaire Diagnostics announced the launch of its proprietary, patented radiolabeling platform based on alkali metal catalysis and stabilized silicon-fluorine bonds, intended to radiolabel molecules with fluorine-18 for diagnostics and drug discovery.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Fuzionaire DX do?
Chemistry-led radiopharmaceutical company developing HetSiFA silicon-based matched PET diagnostics and radioligand therapies for cancer.
Who are Fuzionaire DX's investors?
Fuzionaire DX's investors include Emles Venture Partners.