BetaGlue and the EIC Accelerator: Radiotherapy Injected Into Tumours
BetaGlue Therapeutics, based in Milan, develops YntraDose, formerly called BAT-90: radioactive yttrium-90 microspheres mixed into a surgical glue that sets within 120 seconds, injected through the skin directly into a tumour so that the radiation stays in the injected area. In March 2024 it announced a €10 million EIC Accelerator award, a €2.5 million grant and €7.5 million of equity, according to BetaGlue. The grant project received €2,499,999 towards a total cost of €7,135,824 and ran from April 2024 to December 2025, according to CORDIS.
During the project BetaGlue changed its lead indication. The project report says the scope was refined to "prioritize LA-PDAC over HCC", locally advanced pancreatic cancer over liver cancer, according to CORDIS. In late 2025 the UK, Italian and Belgian authorities approved its pancreatic cancer study, and it started on 3 February 2026 with ten patients planned, according to ClinicalTrials.gov. BetaGlue had said it expected preliminary results by the end of 2026.
Company file
- Legal entity
- BetaGlue Therapeutics SpA, Milan, tax ID 06496571214
- CEO
- Alexis Peyroles
- Product
- YntraDose, formerly BAT-90
- Lead indication
- Unresectable locally advanced pancreatic cancer
- Investors
- EIC Fund, ENEA-Tech and Biomedical Foundation, others
- Supplier
- Artivion, for the BioGlue component
- EIC funding
- Blended finance, €2.5M grant plus €7.5M equity
Where BetaGlue Stands Now
In August 2026 BetaGlue announced a peer-reviewed study in Nuclear Medicine and Biology in which YntraDose was injected into the lungs of seven pigs, forming a localised implant with no radiation detected outside the injected lung, according to BetaGlue. In 2025 it signed an exclusive global agreement with Artivion to secure supply of BioGlue, the glue in its product. Its earlier first-in-human work treated a liver cancer patient at New Hospitals in Tbilisi, Georgia. Its accounts were not accessible in free sources.
The record
From liver tumours in Tbilisi to pancreatic cancer in Europe
BetaGlue shifted its lead indication from liver to pancreatic cancer during the EIC project, which ended in December 2025. Its pancreatic study started in February 2026.
- EarlierFirst patient treatedLiver cancer, Tbilisi
- Nov 2023EIC Accelerator cut-offBAT-90blended finance
- Mar 2024€10M EIC award announced€2.5M grant, €7.5M equity
- Dec 2024€24M round completedEIC, €8M equity, €6M ENEA-Tech
- Nov 2025UK trial approvalMHRA, pancreatic cancer
- Dec 2025Italy and Belgium approvalsEIC project ends
- Feb 2026Pancreatic study startsNCT07155850, 10 patients planned
- Aug 2026Lung study publishedNuclear Medicine and Biology
BetaGlue, CORDIS and ClinicalTrials.gov.
"This authorization enables us to initiate our first clinical study in the UK in Q1 2026."
Alexis Peyroles, CEO, November 2025The Technology: Radiation That Stays Put
BetaGlue embeds yttrium-90 microspheres in a matrix that polymerises in the tumour, so the beads stay in place instead of spreading to surrounding tissue. The company says this needs a much lower radioactive dose than conventional radio-metabolic treatments. The project optimised the product's preparation, confirmed that the microspheres are evenly distributed and released customised dosimetry software.
The preclinical data
Absorbed radiation dose in the pig lung study
In seven pigs, YntraDose delivered 342 to 786 gray to lung tissue with no radiation detected outside the injected lung.
BetaGlue, Nuclear Medicine and Biology, August 2026. Gray.
What the EIC Award Promised, and What the Record Shows
The award promised to advance a "radiotherapy from within" platform for solid tumours in multiple indications. The project delivered product optimisation, dosimetry software, a quality system and study approvals, and redirected the programme to pancreatic cancer. By the project's end no pancreatic patient had been treated; the study began two months later.
- Product optimisationDeliveredProject report.
- Clinical study approvalsDeliveredUK, Italy, Belgium.
- Liver cancer programmeDeprioritisedSwitched to pancreas.
- Clinical resultsPendingStudy recruiting.
The Money
BetaGlue raised €24 million in 2024: the €10 million EIC award, an €8 million equity round and €6 million from Italy's ENEA-Tech and Biomedical Foundation, according to BetaGlue. The EU grant covered only 35% of the €7.1 million project.
The 2024 round
The €24 million BetaGlue raised in 2024
The EIC provided €10 million of the €24 million, as grant and equity.
BetaGlue, March and December 2024. Values in € millions.
The EIC project
Who paid for BAT-90
The EU grant covered 35% of the €7.14 million project cost.
CORDIS, project 101164662. Values in € thousands.
What Cannot Be Checked
Questions for the EIC
Whether the full €7.5 million of EIC equity was invested, why the liver cancer programme was deprioritised, how many patients have been treated in the pancreatic study and what BetaGlue's accounts show are not public.
Why Europe Should Care
BetaGlue calls locally advanced pancreatic cancer a pressing unmet need with limited treatment options, and projects it to become the second leading cause of cancer death by 2030. A European device that delivers radiation precisely into such tumours, if it proves safe and effective, would be a new tool against one of the deadliest cancers.
What the award promised
A radiotherapy-from-within platform for several solid tumours.
What the record shows
€24M raised, a switch to pancreatic cancer and a ten-patient study under way.
The Verdict
Funded and in the clinic, early
BetaGlue raised €24 million in 2024, including the EIC award, and started a new clinical study in 2026. Results in patients are still to come.
BetaGlue and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.
Industry
HealthMedical devices
- Focus
- Oncology devices
- Technologies
- Radiation therapy technology
- Biomaterials
- Keywords
- Pancreatic cancer
- Brachytherapy
- Yttrium-90
- Oncology
- Radioisotopes