Last deal

Amount

Post-IPO Equity

Stage

04.10.2019

Date

3

all rounds

$184.12M

Total amount

date founded

Financing round

General

About Company
Ovid Therapeutics is a neurology company that develops therapies for rare and orphan diseases of the brain.

Industry

Sector :

Subsector :

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The New York-based biopharmaceutical company, Ovid Therapeutics, was founded in 2014 to leverage recent advances in science and medicine to find optimal therapies for patients and families living with epilepsies, seizure-related disorders, and neurological disorders. Their BoldMedicine® approach couples deep CNS experience with emerging advances in genetics and the pathways of the brain to build a leading neuroscience pipeline. They seek to identify and develop late stage, de-risked medicines with significant potential, targeting disorders such as intellectual disability, severe speech impairment, problems with movement and balance, sleep disorders, and anxiety to transform the patient's life. Their products are protected by strong intellectual property, and they apply the most efficient processes to bring safe and effective therapies to patients across the United States and the globe.
Contacts

Contact Email

Phone number

Social url

Similar Companies
1000
Iama Therapeutics

Iama Therapeutics

IAMA Therapeutics develops novel therapeutics for unmet medical needs in the brain.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Biotechnology, Health Care, Therapeutics

total rounds

1

total raised

$8.8M
Equilibre

Equilibre

Equilibre is a biopharmaceuticals corporation developing innovative therapeutic candidates.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Location

New York, NY, USA

total rounds

4

total raised

$52.4M
SAGE Therapeutics

SAGE Therapeutics

SAGE Therapeutics is developing medicines to treat rare and orphan diseases of the central nervous system.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Location

Cambridge, MA, USA

total rounds

10

total raised

$2.7B
FORMA Therapeutics

FORMA Therapeutics

FORMA Therapeutics develops breakthrough oncology drugs for rare diseases and cancers.

Sector

Pharmaceuticals and Biotechnology

Subsector

Biotechnology

Keywords

Biotechnology, Health Care, Biopharma

Location

Watertown, MA, USA

total rounds

5

total raised

$142.5M

Financials

Funding Rounds
6
3

Number of Funding Rounds

$184.12M

Money Raised

Their latest funding was raised on 04.10.2019. Their latest round Post-IPO Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
04.10.2019
26.02.2019
$28.2M
01.06.2018
1
$50M
Co-Investors
Investors
9
2

Number of lead investors

9

Number of investors

Investor 
Lead 
Round 
Partners 
No
Post-IPO Secondary
No
Series B

Cowen Investment Management

Sustainable Private Equity and Credit Investments is a company focused on environmentally-friendly investments in private equity and credit.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services

Location

New York, NY, USA

count Of Investments

53

count Of Exists

9
Cormorant Asset Management

Cormorant Asset Management

Cormorant Asset Management is a hedge fund sponsor that focuses on investing in innovative biotechnology and life sciences companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Biotechnology

Location

Boston, MA, USA

count Of Investments

179

count Of Exists

12
Sanofi Ventures

Sanofi Ventures

Sanofi-Genzyme BioVentures is a corporate venture capital arm of Sanofi that invests in early-stage biotech and digital health companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

Cambridge, MA, USA

count Of Investments

66

count Of Exists

5

People

Founders
1
Matthew J. During
Matthew J. During

Matthew J. During

Dr. During is a MIT, Harvard and Yale-trained MD/PhD neuroscientist. He served nine years on faculty of Yale University as Professor of Neurosurgery. Subsequently, Dr. During served as a Professor at Cornell and Ohio State Universities for ten years. Since 2011, he has served as a visiting Professor of Translational Neuroscience at the University of Oxford. Dr. During pioneered the use of viral vectors for neurological disorders, and was the first to carry out gene transfer into the brain of a pediatric patient. He was the Principal Investigator and the FDA sponsor for two pioneering gene therapy studies, including the first and only successful Phase 2 trial of a biological therapy for Parkinson’s disease. He has published over 225 articles, with many in the world’s most prestigious journals including Nature, Science, Cell, Nature Medicine, Nature Genetics, the Lancet and Science Translational Medicine. He is the inventor on over 50 patents and patent applications. In addition, Dr. During has won many awards including the American Epilepsy Society Young Investigator of the Year, Roche Translational Neuroscience Award, Johnson and Johnson Focused Giving Award, BMS Neuroscience Award, and Nancy Sirrett and Keith Harrison Awards. He is a Fellow of the American College of Physicians, the Australasian College of Physicians, and a Fellow of the American Association for the Advancement of Science. He previously co-founded Merlin Pharmaceuticals, Neurologix and NightstaRx.

current job

Nightstar Therapeutics
Nightstar Therapeutics

organization founded

2

Matthew J. During

Employee Profiles
18

Gus Kodersha

Vice president technician ops and cmc

Julia Tsai

Vice president, clinical development- epilepsy

Julia Tsai

Vice President, Clinical Development- Epilepsy

Danielle Mann

Senior director, legal and compliance

Thomas Perone

General counsel and corporate secretary

Keith Jones

Senior director financial planning, analysis and procurement

Anna Lee

Associate director, clinical development

Stephanie Fischer

Patient engagement consultant

Activity

Recent News
4
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month