
Prilenia Therapeutics
A clinical-stage biotech company focused on developing novel treatments for neurodegenerative and neurodevelopmental disorders.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
investor investor investor investor | €0.0 | round | |
investor investor investor | €0.0 Valuation: €0.0 | round | |
* | $10.0m Valuation: $313m | Series B | |
Total Funding | 000k |
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Prilenia is a biotech startup that operates in the healthcare sector, specifically focusing on the development of new treatments for neurodegenerative diseases and neurodevelopmental disorders. The company's primary mission is to address the urgent needs of patients and families affected by conditions such as Huntington’s disease and Amyotrophic Lateral Sclerosis (ALS).
Prilenia's business model revolves around the research, development, and commercialization of innovative treatments. Their primary product under study is pridopidine, a potential treatment for multiple brain-originating diseases. The company's research is based on compelling scientific findings that show the activation of the sigma-1 receptor (S1R) can restore pathways in the brain impaired by neurodegenerative diseases.
The company's revenue is expected to be generated from the sales of these treatments once they have been approved by regulatory bodies and are commercially available. Prilenia also aims to grow its business by continuously updating its pipeline with new potential treatments and by expanding its team with creative and innovative individuals.
Prilenia's clients are primarily patients and their families who are affected by neurodegenerative diseases and neurodevelopmental disorders. However, the company's research and treatments also serve the broader healthcare sector, including hospitals, clinics, and other medical institutions that provide care for these patients.
Keywords: Biotech, Healthcare, Neurodegenerative Diseases, Neurodevelopmental Disorders, Huntington’s Disease, Amyotrophic Lateral Sclerosis (ALS), Pridopidine, Sigma-1 Receptor (S1R), Research and Development, Treatment Commercialization.