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Magnolia Neurosciences - About the company

Magnolia Neurosciences is a deadpooled company based in New York City (United States), founded in 2018. It operates as a Developer of therapies for treating neurodegenerative diseases and neuronal injuries. Magnolia Neurosciences has raised $31M in funding from investors like Arch Venture Partners, AbbVie and Alexandria. The company has 458 active competitors, including 161 funded and 81 that have exited. Its top competitors include companies like Denali Therapeutics, Fulcrum Therapeutics and Annexon.

Company Details

Magnolia Neurosciences is developing neurodegenerative diseases and neuronal injuries. They are developing their lead candidate (proprietary neuroprotective therapy) for the prevention of neuronal cell death. The candidate is in phase I clinical trial. The company is planning to initiate the phase IIa clinical trial in the second half of 2019.
Email ID
*****@magnolianeurosciences.com
Key Metrics
Founded Year
2018
Location
New York City, United States
Stage
Deadpooled
Total Funding
$31M in 1 round
Latest Funding Round
Ranked
Employee Count
6 as on Jul 01, 2024
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Magnolia Neurosciences's funding and investors

Magnolia Neurosciences has raised a total funding of $31M over 1 round. Its latest funding round was a Series A round on Aug 13, 2018 for $*****. 10 investors participated in its latest round. Magnolia Neurosciences has 12 institutional investors.

Here is the list of recent funding rounds of Magnolia Neurosciences:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 13, 2018
8303120
Series A
4299901
2539867
1329523
2508756
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Magnolia Neurosciences' founders and board of directors

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Magnolia Neurosciences' employee count trend

Magnolia Neurosciences has 6 employees as of Jul 24. Here is Magnolia Neurosciences's employee count trend over the years:
Employee count trend for Magnolia Neurosciences
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Magnolia Neurosciences's Competitors and alternates

Top competitors of Magnolia Neurosciences include Denali Therapeutics, Fulcrum Therapeutics and Annexon. Here is the list of Top 10 competitors of Magnolia Neurosciences, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Denali Therapeutics
Denali Therapeutics
2015, San Francisco (United States), Public
Developer of therapies to treat neurodegenerative diseases
$347M
72/100
2nd
Logo for Fulcrum Therapeutics
Fulcrum Therapeutics
2015, Cambridge (United States), Public
Developing small molecules for control mechanisms and genes regulation for the treatment of rare diseases
$115M
70/100
3rd
Logo for Annexon
Annexon
2011, San Francisco (United States), Public
Developer of antibodies to treat complement-mediated neurodegenerative diseases
$256M
67/100
4th
Logo for Regenxbio
Regenxbio
2008, Rockville (United States), Public
Developer of AAV Gene Therapy for rare genetic diseases
$108M
67/100
5th
Logo for Alector
Alector
2013, San Francisco (United States), Public
Developing immuno-modulatory therapies for dementia and other neurodegenerative disorders
$215M
65/100
6th
Logo for MeiraGTx
MeiraGTx
2015, New York City (United States), Public
Developer of gene therapies for ocular and neurodegenerative diseases
-
65/100
7th
Logo for Alchemab
Alchemab
2019, London (United Kingdom), Series A
Developer of antibody therapeutics for treating oncology and neurodegenerative conditions
$149M
64/100
8th
Logo for Mission Therapeutics
Mission Therapeutics
2011, Cambridge (United Kingdom), Series D
Developer of small molecule inhibitors targeting specific disease associated enzymes
$192M
64/100
9th
Logo for D&D Pharmatech
D&D Pharmatech
2014, Seongnam-si (South Korea), Public
Developer of GLP-1-based therapeutics for metabolic disease treatment
$205M
64/100
10th
Logo for US World Meds
US World Meds
2001, Louisville (United States), Series B
Developer of therapeutics for the treatment of multiple diseases
$149M
63/100
211th
Logo for Magnolia Neurosciences
Magnolia Neurosciences
2018, New York City (United States), Deadpooled
Developer of therapies for treating neurodegenerative diseases and neuronal injuries
$31M
33/100
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Magnolia Neurosciences's Investments and acquisitions

Magnolia Neurosciences has made no investments or acquisitions yet.

Reports related to Magnolia Neurosciences

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News related to Magnolia Neurosciences

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