Cerevel Therapeutics

Develops treatments for neuroscience diseases

Cambridge, Massachusetts, United States

About Cerevel Therapeutics

Cerevel Therapeutics develops new treatments for diseases related to the brain and nervous system. The company focuses on conditions like Parkinson's disease, epilepsy, and schizophrenia, using a deep understanding of how different parts of the brain communicate to create effective therapies. Their approach combines advanced chemistry with the study of how drugs interact with brain receptors. Unlike many competitors, Cerevel is dedicated specifically to neuroscience and is currently in the clinical trial phase, testing the safety and effectiveness of its drug candidates. The goal of Cerevel is to provide new treatment options for the millions of people affected by these challenging diseases, ultimately transforming the landscape of neuroscience.

Cambridge, MassachusettsHeadquarters
2018Year Founded
$654.6MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
51-200Employees

Risks

Increased competition from companies like Karuna could impact Cerevel's market share.
AbbVie's emraclidine failure may lead to scrutiny on Cerevel's drug candidates.
AbbVie's acquisition may lead to strategic shifts disrupting Cerevel's projects.

Differentiation

Cerevel combines neurocircuitry expertise with receptor selectivity for neuroscience disease treatment.
The company has a diversified pipeline with five clinical-stage investigational therapies.
Cerevel's approach involves CNS receptor pharmacology to target specific brain receptors.

Upsides

AbbVie's acquisition provides Cerevel with increased financial resources and market reach.
Tavapadon's Phase III success positions Cerevel as a leader in Parkinson's treatment.
Growing interest in Alzheimer's-related psychosis opens new avenues for Cerevel's pipeline.

Funding

Total raised$654.65 M
Latest valuation$8.70 B
StageIPO
ACQUISITION
11/30/2023
$8.7 K
$8.70 B
POST IPO EQUITY
9/30/2023
$400
POST IPO CONVERTIBLE
7/31/2022
$300
GRANT
3/31/2021
$3
$147
$1.30 B
GROWTH EQUITY VC
9/30/2018
$350