Neurovance - About the company
Neurovance is an acquired company based in Cambridge (United States), founded in 2011 by Anthony McKinney. It operates as a Drug to modulate neurochemicals to treat Attention Deficit Hyperactivity Disorder .. Neurovance has raised $53M in funding from investors like Venture Investors, GBS and Novartis Venture Fund. The company has 98 active competitors, including 21 funded and 24 that have exited. Its top competitors include companies like Alto Neuroscience, Enveda and Vanda Pharmaceuticals.
Company Details
Neurovance is a clinical stage neuroscience-focused company. Following the development of centanafadine (formerly EB-1020) for adult Attention Deficit Hyperactivity Disorder (ADHD), the company is developing EB-1020 SR for adolescent & pediatric ADHD. Centanafadine (CTN) is a novel triple reuptake inhibitor that modulates norepinephrine, dopamine and, to a lesser extent, serotonin reuptake in a ratio of 1:6:14, respectively to improve focus, attention and executive function.
Key Metrics
Founded Year
2011
Location
Cambridge, United States
Stage
Acquired
Total Funding
$53M in 6 rounds
Latest Funding Round
Investors
Ranked
9th among 98 active competitors
Employee Count
7 as on Dec 31, 2016
Similar Companies
Exit Details
Acquired by Otsuka (Mar 02, 2017)
Neurovance's acquisition details
Click here to take a look at Neurovance's acquisition in detail
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Neurovance's funding and investors
Neurovance has raised a total funding of $53M over 6 rounds. Its first funding round was on May 30, 2012. Neurovance has 5 institutional investors.
Here is the list of recent funding rounds of Neurovance:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 04, 2017 | 7113556 | Series B | 4057223 | 6871939 | 4429067 | 6121359 |
Dec 01, 2016 | 2817368 | Series B | 2223913 | 1353655 | 7529227 | 9677877 |
Jun 29, 2015 | 2480515 | Series B | 9946491 | 4250220 | 6082766 | 9299180 |
View details of Neurovance's funding rounds and investors
Neurovance's founders and board of directors
Founder? Claim ProfileThe founders of Neurovance is Anthony McKinney.
Here are the details of Neurovance's key team members:
- Anthony McKinney: President, CEO and Co-Founder of Neurovance and founder of 1 other company.
View details of Neurovance's Founder profiles and Board Members
Neurovance's employee count trend
Neurovance has 7 employees as of Dec 16. The total employee count is 40.0% more than what it was in Dec 15. Here is Neurovance's employee count trend over the years:
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Neurovance's Competitors and alternates
Top competitors of Neurovance include Alto Neuroscience, Enveda and Vanda Pharmaceuticals. Here is the list of Top 10 competitors of Neurovance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Alto Neuroscience 2019, San Francisco (United States), Public | AI-driven drug discovery platform for neurological diseases based on patients biomarkers | $145M | 68/100 | |
2nd | Enveda 2019, Boulder (United States), Series D | AI-based platform to decipher the chemistry of nature and develop new medicines | $517M | 63/100 | |
3rd | Vanda Pharmaceuticals 2003, Washington, DC (United States), Public | Developer of pharmaceutical products for treating CNS disorders | $33.5M | 62/100 | |
4th | Beckley Psytech 2019, Oxford (United Kingdom), Series B | Developer of rapid-acting psychedelic medicines for mental health disorders | $153M | 62/100 | |
5th | Seaport Therapeutics 2020, Boston (United States), Public | Developer of therapeutics to treat neuropsychiatric disorders | $325M | 60/100 | |
6th | Supernus Pharmaceuticals 2005, Rockville (United States), Public | Innovating CNS treatments, improving lives through neurological and psychiatric solutions | - | 59/100 | |
7th | HMNC Brain Health 2010, Munich (Germany), Series B | Developer of targeted therapies for depression and other neuropsychiatric disorders | $41.5M | 55/100 | |
8th | Reunion Neuroscience 2022, Toronto (Canada), Acquired | Developer of therapeutics for mental health conditions | $120M | 54/100 | |
9th | Neurovance 2011, Cambridge (United States), Acquired | Drug to modulate neurochemicals to treat Attention Deficit Hyperactivity Disorder . | $53M | 53/100 | |
10th | Reviva Pharmaceuticals 2006, San Jose (United States), Public | Develops therapeutic drugs for treatment of central nervous system | $49.1M | 53/100 |
Looking for more details on Neurovance's competitors? Click here to see the top ones
Neurovance's Investments and acquisitions
Neurovance has made no investments or acquisitions yet.
Reports related to Neurovance
Here is the latest report on Neurovance's sector:
News related to Neurovance
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Otsuka Pharmaceuticals Acquires NeurovanceDrug Discovery & Development•Mar 15, 2017•Neurovance, Otsuka
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Neurovance Announces Agreement to Be Acquired by Otsuka PharmaceuticalBusiness Wire•Mar 02, 2017•Neurovance, Otsuka America Pharmaceutical, Otsuka, Otsuka Pharmaceutical and 1 other
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Otsuka Pharmaceutical to Acquire NeurovanceCitybizlist•Mar 02, 2017•Neurovance, Otsuka Pharmaceutical
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Neurovance $26.50 million Fundraising. Albert L Sokol Filed Jun 29 form – OctafinanceOctafinance•Jun 29, 2015•Neurovance
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Neurovance Closes $6.3M Financing to Support Further Development of EB-1020 SR in Adult ADHD | Business WireBusiness Wire•Apr 03, 2014•Neurovance, Venture Investors, GBS, Novartis Venture Fund and 2 others
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