Naurex

Evanston, United States Founded: 2008 • Age: 18 yrs Acquired By Allergan
Novel therapies for depression and CNS disorders are developed clinically.

About Naurex

Naurex is a company based in Evanston (United States) founded in 2008 by Joseph Moskal was acquired by Allergan in July 2015. Naurex has raised $162.11 million across 5 funding rounds from investors including Takeda Pharmaceuticals, Baxter and TD Securities. Naurex operates in a competitive market with competitors including Alto Neuroscience, Supernus Pharmaceuticals, Newron Pharmaceuticals, Reunion Neuroscience and Cerecor, among others.

  • Headquarter Evanston, United States
  • Founders Joseph Moskal
  • Sectors
    Healthcare
  • Website naurex.com
  • Social LinkedIn
  • Acquired by Allergan (Jul 2015)
  • Legal Name Naurex Inc.
Operational Areas
Key Metrics

Funding Insights of Naurex

Naurex has successfully raised a total of $162.11M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $80 million completed in December 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $162.11M
  • Total Rounds 5
  • Last Round Series C β€” $80M
  • First Round $1.11M

    (Feb 2011)

  • Investors Count 14

All 5 funding rounds of Naurex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2015$80MSeries C–EcoR1, Cowen
May 2014$25MSeries B–Takeda Ventures, Lundbeck
Dec 2012$38MSeries B–Baxter Ventures
May 2011$18MSeries A–Adams Street Partners, LVP
Feb 2011$1.11MSeed––
–
Valuation history

15 investors in total: 15 institutional.

Investors in Naurex

Naurex has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Takeda Pharmaceuticals, Baxter and TD Securities.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private markets investment management with strategies in equity, credit, and secondary investments.
–adamsstreetpartners.com-
-
–druidbio.com-
Early-stage life sciences companies are supported through venture capital investments.
–genesyscapital.comToronto, Canada
Savitr Capital is focused on direct capital investments.
–savitrcapital.comSan Francisco, United States
-
–takedaventures.com-
Early-stage healthcare startups are supported with venture capital.
–lvpcapital.comSan Ramon, United States
-
–baxter.com/inside-baxter/science/programs/baxter-ventures.page-
-
–ecor1cap.com-
Corporate finance advisory, mergers, acquisitions, and investment services are provided.
1918cowen.comNew York, United States
-
–portolapartners.com-
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Investor details for Naurex

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People of Naurex

3 people are tracked at Naurex (2 in leadership, 1 in team).

NameRoleGroup
Joseph Moskal
FounderLeadership
Lee Bastin
Director, Clinical ResearchLeadership
Susan Riley Leppard
Lead CRA / CRA ManagerTeam
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Timeline of Naurex

4 dated milestones of Naurex across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Naurex is founded.
  2. Funding First funding round of $1.1M.
  3. Exit Acquired by Allergan.
  4. Funding Latest funding round, Series C, of $80.0M.

Competitors of Naurex

Naurex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alto Neuroscience, Supernus Pharmaceuticals, Newron Pharmaceuticals, Reunion Neuroscience and Cerecor, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
altoneuroscience.com2019San Francisco, United States$144.72M34
AI-driven drug discovery platform for neurological diseases based on patients biomarkers
supernus.com2005Rockville, United States–652
Specialty pharmaceutical products for CNS diseases are developed and commercialized.
newron.com1999Milan, Italy$54.94M–
Therapies for central nervous system diseases and pain are developed.
reunionneuro.com2022Toronto, Canada$103M–
Therapeutics for mental health conditions are developed using serotonergic psychedelics.
cerecor.com2011Baltimore, United States$45.2M20
Therapeutics for immunological and neurological disorders are developed.
neurovance.com2011Cambridge, United States$53.03M7
Neurochemical modulators for ADHD treatment are developed by Neurovance.
seaporttx.com2020Boston, United States$325M–
Novel therapeutics for neuropsychiatric disorders are developed using proprietary technology.
vandapharma.com2003–$33.5M203
Pharmaceutical products for CNS disorders are developed and commercialized.
hmnc-brainhealth.com2010Munich, Germany$24.64M–
Targeted therapies and personalized tests for neuropsychiatric disorders are developed.
evecxia.com2013Durham, United States$14.85M–
Therapies for CNS disorders are developed by Evecxia Therapeutics.
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Detailed competitors of Naurex

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Latest news on Naurex

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Similar companies to Naurex

10 companies that operate in the same segment as Naurex (Neurology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Novel biopharmaceutical medicines are developed for unmet medical needs.
2003Dublin, IrelandUSD 265 MUSD 4.27 B2,800
Immuno-modulatory therapies for dementia and neurodegenerative disorders are developed.
2013San Francisco, California, United StatesUSD 214.78 MUSD 21.05 M211
Developer of therapeutics for psychiatric and neurologic diseases
2002New York, New York, United StatesUSD 80.87 MUSD 250.31 M600
Biologics platform developed for intracellular delivery in rare diseases.
2016Boston, Massachusetts, United StatesUSD 175.25 MUSD 25.42 M183
Developer of therapies for the treatment of musculoskeletal disorders
2007Woburn, Massachusetts, United StatesUSD 62 MUSD 85.55 M692
MR-interfaced ultrasound devices for cancer and neurology treatments are provided.
1999Tirat Carmel, Haifa District, IsraelUSD 574.2 M––
AI-driven drug discovery platform for neurological diseases based on patients biomarkers
2019San Francisco, California, United StatesUSD 144.72 M–76
Small molecule drugs for rare diseases are developed.
1998South Plainfield, New Jersey, United StatesUSD 248.1 MUSD 1.73 B939
Developer of small molecule therapeutics for endocrine and CNS disorders
1992San Diego, California, United StatesUSD 10 MUSD 2.86 B1,800
Developer of antibodies to treat complement-mediated neurodegenerative diseases
2011San Francisco, California, United StatesUSD 256 M–100
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Frequently Asked Questions about Naurex

Naurex was founded in 2008 and raised its 1st funding round 3 years after it was founded.

Naurex is headquartered in Evanston, United States. It is registered at Evanston, Illinois, United States.

Naurex is a funded company, having raised a total of $162.11M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.11M, raised on Feb 2011.

Naurex was founded in 2008 in Evanston, United States, as a clinical-stage biopharmaceutical entity. Focus is placed on developing treatments for depression and other central nervous system disorders. The lead candidate, Rapastinel, is advanced through late-stage trials for use as an adjunctive therapy in major depressive disorder. An oral second-generation compound, NRX-1074, is evaluated in Phase 2 trials as a monotherapy for major depressive disorder.

Naurex has 15 investors. Key investors include Takeda Pharmaceuticals, Baxter, TD Securities, Lundbeck, and Northwestern University.

Naurex operates through Naurex Inc..

Yes. Naurex was acquired by Allergan in July 2015.

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