Neurovance

Cambridge, United States Founded: 2011 • Age: 15 yrs Acquired By Otsuka
Neurochemical modulators for ADHD treatment are developed by Neurovance.
Annual revenue - Latest available
Total funding $53.0M 6 rounds
Employees 7 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Neurovance

Neurovance is a company based in Cambridge (United States) founded in 2011 was acquired by Otsuka in March 2017. Neurovance has raised $53.03 million across 6 funding rounds from investors including Otsuka, Tekla Capital Management and Venture Investors. The company has 7 employees as of December 31, 2016. Neurovance operates in a competitive market with competitors including Alto Neuroscience, Supernus Pharmaceuticals, Newron Pharmaceuticals, Reunion Neuroscience and Cerecor, among others.

  • Headquarter Cambridge, United States
  • Employees 7 as on 31 Dec, 2016
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $53.03 M (USD)

    in 6 rounds

  • Latest Funding Round
    $554.28 K (USD), Series B

    Jan 04, 2017

  • Investors
    Otsuka

    & 5 more

  • Employee Count
    7

    as on Dec 31, 2016

  • Acquired by
    Otsuka

    (Mar 02, 2017)

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People of Neurovance

Headcount 1000-5000
Employee Profiles 130
Employee Profiles
People
Tarek Rabah
President & CEO, Otsuka North America
People
Theresa Menders
Chief Of Staff And Senior Director, HR Strategic Programs
People
Neveen Abou-Gharbia
Executive Director, CNS Marketing Brand Lead (mdd/ptsd)
People
Kimberly Bennett
Area Business Lead, CNS

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Funding Insights of Neurovance

Neurovance has successfully raised a total of $53.03M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $554.28 thousand completed in January 2017. 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.

Investors in Neurovance

Neurovance has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Otsuka, Tekla Capital Management and Venture Investors.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors focused seed & early stage VC firm investing in the US, Europe & Asia
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Investments are made in innovative life science companies globally.
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Investor details for Neurovance

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Investments & Acquisitions by Neurovance

Investments
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Investment portfolio details for Neurovance

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Financial Statements - Neurovance

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Detailed financials for Neurovance

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Neurovance Comparisons

Neurovance Primary company
Description
Neurochemical modulators for ADHD treatment are developed by...
Location
Cambridge, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
7
As of 2016
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Peer comparison for Neurovance

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Competitors of Neurovance

Neurovance 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 Name Domain Founded year HQ Location Description
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AI-driven drug discovery platform for neurological diseases based on patients biomarkers
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Specialty pharmaceutical products for CNS diseases are developed and commercialized.
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Therapies for central nervous system diseases and pain are developed.
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Therapeutics for mental health conditions are developed using serotonergic psychedelics.
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Therapeutics for immunological and neurological disorders are developed.
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Detailed competitors of Neurovance

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Latest news on Neurovance

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Complete news archive for Neurovance

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Frequently Asked Questions about Neurovance

Neurovance was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Neurovance is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Neurovance is a funded company, having raised a total of $53.03M across 6 funding rounds to date.

As of Dec 31, 2016, the latest employee count at Neurovance is 7.

Neurovance was established in 2011 in Cambridge, United States, as a clinical-stage company in the neuroscience sector. Centanafadine, a triple reuptake inhibitor targeting norepinephrine, dopamine, and serotonin, is advanced for adult ADHD management. An extended-release formulation of this compound is under development for adolescent and pediatric ADHD to support improvements in attention and executive function.

Neurovance's top competitors include Alto Neuroscience, Supernus Pharmaceuticals and Newron Pharmaceuticals.

Neurovance has 6 investors. Key investors include Otsuka, Tekla Capital Management, Venture Investors, GBS, and Novartis Venture Fund.

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