Euthymics Bioscience

About:

Euthymics Bioscience, a neuroscience-focused biopharmaceutical company, develops medicines for central nervous system disorders.

Website: http://www.euthymics.com

Top Investors: Novartis Venture Fund, Venture Investors, GBS Ventures, State of Wisconsin Investment Board, Hambrecht & Quist Capital Management

Description:

Euthymics Bioscience, Inc. is a neuroscience-focused clinical-stage company developing next-generation treatments for depression. Euthymics’ initial focus is on patients who do not respond adequately to SSRIs. EB-1010 for depression is expected to improve efficacy and reduce the leading side effects associated with poor adherence to standard antidepressants including weight gain, sexual dysfunction and cognitive impairment. Euthymics is a private Delaware corporation with headquarters in Cambridge, Massachusetts. Euthymics is developing products for central nervous system disorders of significant unmet medical need, including major depressive disorder (MDD) and, under a collaboration with the government, alcohol use disorder (AUD). According to the National Institutes of Health, MDD affects over 15 million American adults. According to the National Institute of Alcohol Abuse and Alcoholism (NIAAA), approximately 18 million Americans have alcohol use disorder (either alcohol dependence or alcohol abuse).

Total Funding Amount:

$38.5M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Cambridge, Massachusetts, United States

Founded Date:

2009-01-01

Contact Email:

info(AT)euthymics.com

Founders:

Anthony A. McKinney, Franklin P. Bymaster

Number of Employees:

11-50

Last Funding Date:

2014-04-01

IPO Status:

Private

Industries:

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