Neuron23
Date | Investors | Amount | Round |
---|---|---|---|
$33.5m | Series A | ||
$80.0m | Series B | ||
N/A | Series C | ||
* | $100m | Series C | |
Total Funding | AUD330m |
Recent News about Neuron23
EditNeuron23 Inc. is a clinical-stage biotechnology startup based in South San Francisco, California. The company is focused on developing precision medicines for genetically defined neurological and immunological diseases. This means they create targeted treatments for specific diseases based on the genetic makeup of the disease and the patient. Their primary market is patients suffering from these specific diseases, including Parkinson's disease.
The company operates in the biotechnology and healthcare industry, where it uses advanced technologies like data science and machine learning to discover and develop new drugs. One of their promising projects is a brain-penetrant LRRK2 inhibitor, NEU-723, which is currently in Phase 1 clinical trials. This drug is designed to treat Parkinson's disease and is paired with a first-of-its-kind diagnostic tool that helps identify patients who are likely to respond to the therapy.
Neuron23's business model revolves around the research, development, and commercialization of these precision medicines. They generate revenue through the sales of these drugs once they are approved for use. Additionally, they also collaborate with other companies, like QIAGEN, to develop companion diagnostics, which are tests used to determine the suitability of a particular treatment for a patient.
In summary, Neuron23 is a biotech startup that uses genetic information to develop targeted treatments for neurological and immunological diseases, with a focus on improving patient lives.
Keywords: Biotechnology, Precision Medicine, Neurological Diseases, Immunological Diseases, Drug Discovery, Data Science, Machine Learning, Clinical Trials, Companion Diagnostics, Parkinson's Disease.