Naurex

company

About

Naurex is a clinical-stage company developing novel therapeutics for depression and other CNS disorders.

  • 11 - 50

Details

Last Funding Type
Series C
Last Funding Money Raised
$25M
Industries
Biopharma,Biotechnology,Therapeutics
Founded date
Jan 1, 2008
Number Of Employee
11 - 50
Operating Status
Active

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). Using these discoveries, Naurex researchers have generated novel chemical drug classes known as glycine-site functional partial agonists (GFPAs), which modulate the receptor in a different way than existing NMDAR agents. The company's drug development programs based on its GFPA NMDAR modulators include the first-generation molecule, GLYX-13, the second-generation NRX-1050 small molecule series and additional compounds from Naurex's platform of novel NMDAR modulators.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$161M
Naurex has raised a total of $161M in funding over 2 rounds. Their latest funding was raised on Dec 3, 2014 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 3, 2014 Series C $80M 2 Detail
May 6, 2014 Series C $25M 1 Detail
Dec 17, 2012 Series B $38M 2 Detail
May 11, 2011 Series A $18M 2 Detail

Investors

Number of Lead Investors
Number of Investors
3
Naurex is funded by 3 investors. Druid BioVentures and PathoCapital are the most recent investors.
Investor Name Lead Investor Funding Round
Druid BioVentures Series C
PathoCapital Series C
Takeda Series C