Last deal

$5M

Amount

Series A

Stage

29.11.2016

Date

1

all rounds

$5M

Total amount

Financing round

General

About Company
Tetra Discovery Partners develops drugs for brain-related diseases.

Industry

Sector :

Subsector :

Keywords :

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The clinical-stage biotechnology company specializes in using structure-guided drug design to discover allosteric inhibitors of phosphodiesterase 4 (PDE4). Their research focuses on developing new treatments for cognitive impairment in conditions such as schizophrenia, depression, Alzheimer's disease, Huntington's disease, and traumatic brain injury (TBI). Tetra Therapeutics was acquired by Shionogi & Co., Ltd. on May 26, 2020. Their portfolio of therapeutic products aims to bring clarity of thought to individuals suffering from Fragile X syndrome, Alzheimer's disease, traumatic brain injury, and other brain disorders.
Contacts
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M&A Details
1

Transaction name

Acquired by

Shionogi

announced date

26.05.2020

Financials

Funding Rounds
1
1

Number of Funding Rounds

$5M

Money Raised

Their latest funding was raised on 29.11.2016. Their latest investor Alzheimer's Drug Discovery Foundation. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
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David Dolby

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People

Employee Profiles
3
Chad Coberly

Chad Coberly

CEO

Mark Gurney

Mark Gurney

Founder & CEO

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