Ceruvia Lifesciences

Ceruvia Lifesciences

Pre-clinical
New York, United StatesFounded 2018ceruvialifesciences.com

Ceruvia Lifesciences is a private, clinical-stage biotech company pioneering an entirely new approach to psychiatric and neurological disorders by leveraging psychedelic drug development. The company's mission is to transform psychedelic research into cutting-edge medicine, focusing on non-hallucinogenic analogs to improve patient access and safety. With decades of experience in clinical drug development and commercialization, Ceruvia is advancing its lead candidate, BOL-148, through clinical research to establish safety and efficacy. The company is positioned at the forefront of the emerging neurotransformational medicine field, aiming to deliver meaningful relief to underserved patient communities.

Founded
2018
Focus
Psychedelics

AI Company Overview

Ceruvia Lifesciences is a private, clinical-stage biotech company pioneering an entirely new approach to psychiatric and neurological disorders by leveraging psychedelic drug development. The company's mission is to transform psychedelic research into cutting-edge medicine, focusing on non-hallucinogenic analogs to improve patient access and safety. With decades of experience in clinical drug development and commercialization, Ceruvia is advancing its lead candidate, BOL-148, through clinical research to establish safety and efficacy. The company is positioned at the forefront of the emerging neurotransformational medicine field, aiming to deliver meaningful relief to underserved patient communities.

Technology Platform

Platform focused on developing non-hallucinogenic analogs of classic psychedelic compounds (e.g., LSD) to retain therapeutic neurological effects while improving safety and clinical practicality.

Funding History

1

Total raised: $10M

Seed$10MUndisclosedJun 15, 2022

Opportunities

The company operates in the high-growth, emerging market of psychedelic-derived medicines, targeting multi-billion dollar unmet needs in psychiatry and neurology.
Its focus on non-hallucinogenic analogs could allow for broader patient access, easier clinical integration, and a faster regulatory pathway compared to classic psychedelics, representing a significant expansion opportunity.

Risk Factors

Key risks include clinical trial failure of its lead candidate BOL-148, uncertain regulatory pathways for novel psychedelic-derived drugs, high competition in the rapidly evolving neurotransformational medicine space, and the financial volatility associated with its unconventional 'Token Sale' funding model.

Competitive Landscape

Ceruvia competes in the psychedelic medicine sector with companies like COMPASS Pathways, MindMed, Atai Life Sciences, and GH Research. Its primary differentiation is the development of non-hallucinogenic LSD analogs (BOL-148), aiming to overcome the practical and safety limitations of hallucinogenic therapies, and its strong academic collaborations with Yale, NYU, and Harvard.

Company Info

TypeTherapeutics
Founded2018
LocationNew York, United States
StagePre-clinical
RevenuePre-revenue

Therapeutic Areas

Psychiatric DisordersNeurological Disorders

Partners

Yale University School of MedicineNYU School of MedicineHarvard Medical School
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