OR WAIT null SECS
- About Us
- Advertise
- Contact Us
- Editorial Info
- Editorial Contacts
- Editorial Advisory Board
- Do Not Sell My Personal Information
- Privacy Policy
- Terms and Conditions
© 2024 MJH Life Sciences™ and Pharmaceutical Technology. All rights reserved.
Takeda and Lightstone Ventures Launch Cerevance
Takeda and Lightstone have launched Cerevance, a neuroscience company focused on developing therapeutics for neurological and psychiatric disorders.
On Dec. 2, 2016 Takeda and Lightstone Ventures announced the launch of Cerevance, a new neuroscience company focused on discovering and developing novel therapeutics for neurological and psychiatric disorders. Cerevance is funded with $36 million that includes a $21.5 million Series A financing investment from Takeda and Lightstone Ventures.
The company will use a new technology, created in the Howard Hughes Medical Institute laboratory of Nathaniel Heintz, PhD at the Rockefeller University. Takeda will jumpstart the new company by providing a 25-person neuroscience research team from its Cambridge, United Kingdom site, including industry laboratory space, and licenses to a portfolio of preclinical and clinical stage drug programs. Brad Margus has been appointed CEO of Cerevance. Cerevance will have sites in both Massachusetts and the United Kingdom.
Source: Takeda
Related Content:
