Rasph

BetaGlue and the EIC Accelerator: Radiotherapy Injected Into Tumours

September 30, 2026858 words5 min

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.

€10MEIC award, grant and equity
€24MRaised in 2024
3Countries approving the pancreatic study
10Patients planned in first pancreatic study

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.

"This authorization enables us to initiate our first clinical study in the UK in Q1 2026."

Alexis Peyroles, CEO, November 2025

The 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.

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.

  1. Product optimisationDeliveredProject report.
  2. Clinical study approvalsDeliveredUK, Italy, Belgium.
  3. Liver cancer programmeDeprioritisedSwitched to pancreas.
  4. 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.

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 used the EIC award to raise more money and reach a new clinical study. 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.

Start with the EIC Accelerator

Professional proposal writing and expert review for Step 1 and Step 2.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#BetaGlue#radiotherapy#pancreatic cancer#oncology#medical devices#Italy
Loading