Saegis Pharmaceuticals

Half Moon Bay, United States · Founded 1999 · $30.0M raised

Employees
1–10
Founded
1999
Business Model
B2B
Total Funding
$30.0M
Last Round
$30.0M Series B
Rounds
1

About

Saegis Pharmaceuticals was a clinical-stage CNS drug discovery company that developed small molecule therapeutics for behavioral and cognitive disorders including Alzheimer's-associated dementia, mild cognitive impairment, ADHD, and schizophrenia. The company's lead candidate, SGS518, was a novel 5HT6 serotonin receptor antagonist being evaluated for Cognitive Impairment Associated with Schizophrenia (CIAS). Saegis raised a total of approximately $30 million in venture funding before being acquired by Danish pharmaceutical company Lundbeck in 2006, which continued development of its CNS pipeline assets.

Summary

Saegis Pharmaceuticals is a Biotech company based in Half Moon Bay, United States, founded in 1999. It has raised $30.0M in total across 1 round. Investors include Versant Ventures, Technology Partners and Polaris Partners.

Funding History

Series BSeries B
$30.0M

Investors

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