- CEO
- Ragupathy Madiyalakan
- Full Time Employees
- 3
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 8123 Roper Road NW Edmonton AB Canada T6E 6S4
- IPO Date
- Aug 24, 2018
- Business
- Quest PharmaTech Inc. (TSX-V: QPT; OTC: QPTFF) is a Canada-based biopharmaceutical company that develops products to improve quality of life through proprietary technologies and equity investments in immunotherapy ventures; it focuses on antibody-based immunotherapeutic products and theranostic agents for cancer treatment, including its lead proprietary monoclonal antibody Mab AR 9.6, licensed from the University of Nebraska Medical Center, which targets truncated O-glycan on MUC16 for potential applications in pancreatic, colon, leukemia, ovarian, and breast cancers and remains in late preclinical development. The company holds a 42.5% ownership interest in OncoQuest Inc., which previously developed and sold immunotherapy assets including oregovomab; a 23% stake in OncoVent, a Chinese joint venture advancing antibody-based cancer immunotherapeutics for the Greater China market; and, following the conversion of its OQP Bio bonds in February 2025, a 26.25% equity position as the largest shareholder in OQPBIOM Inc., a private South Korean firm developing former OncoQuest immunotherapy assets and other cancer treatments stemming from the original 2020 asset sale to Dual Industrial Co. Ltd. Founded in 1996 and headquartered at 4342 97 Street NW, Edmonton, Alberta, T6E 5R9, Canada, Quest operates primarily in the biotechnology sector with global investee exposure across North America, China, and South Korea. In June 2025, Quest publicly opposed and refused support for OQPBIOM's unconsulted acquisition of a controlling interest in South Korea's KOSDAQ-listed AdBioTech Co. Ltd., citing risks to stable funding for oregovomab's Phase 3 clinical trials in ovarian cancer and incompatibility with shareholder interests, while evaluating legal options; the company also filed its fiscal year-end January 31, 2025 financials in June 2025, reporting total assets of $22.6 million including the pre-conversion bonds valued at $17 million.