Neurotrope BioScience completes $9.1mm Series A round; adds more funds to close round at $21.9mm
Executive Summary
Neurotrope BioScience Inc. (medicines and diagnostics for neurodegenerative disorders) raised $9.1mm in its Series A financing from 26 undisclosed investors. The 2012 start-up sold 9.1mm shares of Series A convertible preferred stock for $1.00. Neurotrope is beginning operations with worldwide rights to diagnostic and therapeutic technologies from the Blanchette Rockefeller Neurosciences Institute. The biotech hopes to launch in 2014 an early-stage AD detection test based on inflammation signaling in skin fibroblasts, followed four years later by an AD drug that activates protein kinase C-epsilon.
Deal Industry
- In Vitro Diagnostics
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Pharmaceuticals
- Drug Delivery
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Biotechnology
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Drug Discovery Tools
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Molecular Diversity
- Natural Products
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Molecular Diversity
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Drug Discovery Tools
Deal Status
- Final
Deal Type
-
Financing
- Venture Financing
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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