Cadent Therapeutics
AcquiredCambridge, United States · Founded 2017 · $40.0M raised
- Headquarters
- Cambridge, Massachusetts
- Employees
- 11–50
- Founded
- 2017
- Business Model
- B2B
- Website
- cadenttherapeutics.com
- Total Funding
- $40.0M
- Last Round
- $40.0M Series BNov 2018
- Rounds
- 1
- Acquired by
- Novartis AGJan 2021 · $770.0M
About
Cadent Therapeutics was a Cambridge, Massachusetts-based neuroscience company that developed novel therapies targeting NMDA receptors for neurological and psychiatric conditions, including schizophrenia, movement disorders, and treatment-resistant depression. The company was founded in early 2017 through a merger of Luc Therapeutics and Ataxion, and built a pipeline of clinical-stage assets including CAD-9303 (schizophrenia, Phase 1), CAD-1883 (movement disorders, Phase 2), and MIJ821 (treatment-resistant depression). Cadent was acquired by Novartis in a deal announced December 17, 2020 and closed in Q1 2021.
Summary
Cadent Therapeutics is a Biotech company based in Cambridge, United States, founded in 2017. It has raised $40.0M in total across 1 round, most recently a $40.0M Series B round in Nov 2018. Investors include Novartis Venture Fund, Cowen Healthcare Investments and Atlas Venture.
Funding History
Jan 2021
Sign up to see all 2 rounds
Series B through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
Similar Companies
China's leading blood products manufacturer
One of the world's largest contract research organizations (CROs), providing end-to-end clinical ...
Simtra provides pharmaceutical and biotech clients development and manufacturing services for ste...
IVI-RMA provides fertility treatments and patient-centered reproductive care, combining research,...
Altos Labs combines academic science and industry development to create medicines that restore ce...
Specialty pharmaceutical company
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/cadent-therapeutics"><img src="https://indexed.vc/api/badge/company/cadent-therapeutics" alt="Cadent Therapeutics on Indexed.vc" width="260" height="76" /></a>