Karuna Therapeutics
ClosedPushing the boundaries of neuroscience to transform the treatment of mental illness
Boston, United States · Founded 2018 · $12.0M raised
- Headquarters
- Boston, Massachusetts
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2B
- Website
- karunatx.com
- Total Funding
- $12.0M
- Last Round
- $12.0M Extension RoundApr 2019
- Rounds
- 1
About
Karuna Therapeutics was a clinical-stage biopharmaceutical company developing novel muscarinic receptor modulators for the treatment of schizophrenia, Alzheimer's disease psychosis, and other psychiatric conditions. Its lead candidate, KarXT (xanomeline-trospium), received FDA approval as Cobenfy — the first new schizophrenia mechanism in decades. Karuna was founded in 2018 as a PureTech Health company and was acquired by Bristol Myers Squibb in March 2024 for $14 billion, representing one of the largest neuroscience acquisitions in pharmaceutical history.
Summary
Karuna Therapeutics is a Life Sciences company based in Boston, United States, founded in 2018. It has raised $12.0M in total across 1 round, most recently a $12.0M Extension Round round in Apr 2019.
Funding History
Apr 2019
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