Anebulo Pharmaceuticals
ANEBPrivate Company
Total funding raised: $60.9M
Overview
Anebulo Pharmaceuticals is focused on developing novel therapeutics for substance use disorders, with an immediate priority on acute cannabinoid intoxication. The company has achieved Phase 2 proof-of-concept for its lead candidate, ANEB-001, demonstrating its potential to rapidly reverse THC-induced effects. Anebulo's strategy capitalizes on the urgent, growing medical need created by increasing cannabis legalization and the lack of any approved antidote, positioning it to target emergency department visits and unintentional pediatric poisonings.
Technology Platform
Platform centered on small molecule antagonists of the cannabinoid CB1 receptor, designed for rapid reversal of intoxication with oral bioavailability and brain penetration.
Funding History
5Opportunities
Risk Factors
Competitive Landscape
Anebulo operates in a near-vacant competitive space with no FDA-approved specific antidote for cannabinoid intoxication. Current standard of care is non-specific supportive management. The company's lead candidate, ANEB-001, holds a substantial first-mover advantage in clinical development.
Company Timeline
Founded in Austin, United States
Series A: $10.0M
Series A: $10.0M
IPO — $15.0M