Last deal

Amount

Grant

Stage

22.08.2023

Date

3

all rounds

$1.2M

Total amount

General

About Company
Neuronascent develops small molecule therapeutics for depression and neurodegenerative diseases.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2004

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

Neuronascent, a Maryland-based company, specializes in discovering and developing first-in-class, small-molecule therapeutics that target depression, neurodegenerative diseases (such as Alzheimer's and Parkinson's), and Down syndrome. Their neuron regeneration platform offers potential treatment options for reversing neurological disorders. Through a novel screening process, Neuronascent has identified small molecule candidates that stimulate the growth of new neurons in the brain and ensure their survival under neurodegenerative conditions. These candidates have shown promising results in both human neuronal progenitors and animal models of chronic neurological diseases. With a strong track record of meeting drug-development milestones, Neuronascent aims to provide disease-modifying therapeutic options for millions of patients suffering from chronic neurodegenerative disorders.