Tech Company Financing Transactions

Naurex Funding Round

On 5/11/2011, Naurex raised $18 million in Series A financing from Adams Street Partners, Latterell Venture Partners and Shire Pharmaceuticals.

Transaction Overview

Company Name
Naurex
Announced On
5/11/2011
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors

Adams Street Partners (Lead Investor) (Terry Gould)

Latterell Venture Partners (Lead Investor) (Kenneth Widder)

Shire Pharmaceuticals

Takeda Ventures

Proceeds Purpose
Naurex will use the proceeds from the Series A financing primarily for the Phase II trial of its lead compound, GLYX-13, a glycine-site functional partial agonist (GFPA) selective modulator of the NMDA receptor (NMDAR), and also to advance its second-generation GFPA program.

Company Information

Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
1801 Maple Ave. 4300
Evanston, IL 60201
USA
Phone
(847) 871-0377
Website
www.naurex.com
Email Address
[email protected]
Overview
Naurex Inc. is a clinical-stage company developing novel therapies for depression and other CNS disorders based on a new mechanism of action for modulating the N-methyl-D-aspartic acid receptor (NMDAR).
Profile
Naurex LinkedIn Company Profile
Social Media
Naurex Company Twitter Account
Company News
Naurex News
Facebook
Naurex on Facebook
YouTube
Naurex on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Norbert Riedel
  Norbert Riedel LinkedIn Profile  Norbert Riedel Twitter Account  Norbert Riedel News  Norbert Riedel on Facebook
Chief Financial Officer
James Schulz
  James Schulz LinkedIn Profile  James Schulz Twitter Account  James Schulz News  James Schulz on Facebook
Chief Medical Officer
Ronald Burch
  Ronald Burch LinkedIn Profile  Ronald Burch Twitter Account  Ronald Burch News  Ronald Burch on Facebook
Chief Scientific Officer
Joseph Moskal
  Joseph Moskal LinkedIn Profile  Joseph Moskal Twitter Account  Joseph Moskal News  Joseph Moskal on Facebook
VP - Bus. Development
Ashish Khanna
  Ashish Khanna LinkedIn Profile  Ashish Khanna Twitter Account  Ashish Khanna News  Ashish Khanna on Facebook

 

 

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