Tech Company Financing Transactions
Neurovance Funding Round
Neurovance, operating out of Cambridge, secured $7 million from Novartis Venture Fund, GBS Venture Partners and H&Q Asia/Pacific.
Transaction Overview
Company Name
Announced On
10/16/2012
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Neurovance recently completed its phase 1 clinical trial of EB-1020, its norepinephrine and dopamine-preferring reuptake inhibitor, that evaluated single and multiple ascending doses in normal subjects. EB-1020 was well tolerated and demonstrated a wide therapeutic index.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
43 Thorndike Street S1-3
Cambridge, MA 02141
USA
Cambridge, MA 02141
USA
Phone
Website
Email Address
Overview
Neurovance is a clinical stage neuroscience-focused company. Following development of centanafadine SR (formerly EB-1020 SR) for adult ADHD, Neurovance will develop centanafadine SR for adolescent and pediatric ADHD.
Management Team
Title
Name
Email & Social
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