Newron Pharmaceuticals

Newron Pharmaceuticals

NWRN.SWPhase 3
Founded 1999newron.com

Newron Pharmaceuticals is a biopharmaceutical company dedicated to discovering and developing new treatments for patients with diseases of the central and peripheral nervous system. Its key achievement is the development and approval of Xadago® (safinamide), a once-daily oral add-on therapy for Parkinson's disease patients experiencing motor fluctuations. The company's strategy focuses on leveraging its expertise in neurology to advance a pipeline of novel compounds for rare and underserved neurological conditions, including Rett syndrome and other rare epilepsies.

Market Cap
$369.9M
Founded
1999
Employees
50-100
Focus
Small Molecules

NWRN.SW · Stock Price

USD 14.60+13.32 (+1040.63%)

Historical price data

AI Company Overview

Newron Pharmaceuticals is a biopharmaceutical company dedicated to discovering and developing new treatments for patients with diseases of the central and peripheral nervous system. Its key achievement is the development and approval of Xadago® (safinamide), a once-daily oral add-on therapy for Parkinson's disease patients experiencing motor fluctuations. The company's strategy focuses on leveraging its expertise in neurology to advance a pipeline of novel compounds for rare and underserved neurological conditions, including Rett syndrome and other rare epilepsies.

Technology Platform

Focus on novel mechanism discovery in neuroscience, developing first-in-class compounds that modulate novel targets for central and peripheral nervous system disorders.

Pipeline Snapshot

22

22 drugs in pipeline, 11 in Phase 3

DrugIndicationStageWatch
Safinamide (as add-on therapy) + Safinamide (as add-on therapy) + Safinamide (as...Idiopathic Parkinson's DiseasePhase 3
Safinamide + Safinamide + PlaceboParkinson's DiseasePhase 3
Safinamide + Safinamide + PlaceboParkinson's DiseasePhase 3
Evenamide 15 mg bid + PlaceboTreatment-resistant SchizophreniaPhase 3
Safinamide + Safinamide + PlaceboParkinson's DiseasePhase 3

Funding History

2

Total raised: $25M

PIPE$25MUndisclosedDec 15, 2019
IPOUndisclosedUndisclosedJun 15, 2005

Opportunities

Major near-term opportunities include successful Phase 3 readouts for Evenamide in treatment-resistant schizophrenia and Sarizotan in Rett syndrome, which could create two new commercial assets.
There is also potential to expand the label for Xadago and to in-license or discover additional novel neurology compounds.

Risk Factors

Key risks include clinical trial failure in late-stage programs, dependence on partners for Xadago revenue, potential need for dilutive financing, and intense competition in both the Parkinson's disease and rare neurology markets.

Competitive Landscape

In Parkinson's, Xadago competes with other MAO-B inhibitors and add-on therapies. In its pipeline areas, Evenamide faces competition from clozapine and other emerging schizophrenia treatments, while Sarizotan competes with recently approved trofinetide and other investigational Rett syndrome therapies. Differentiation is based on novel mechanisms of action.

Company Info

TypeTherapeutics
Founded1999
Employees50-100
LocationBresso, Italy
StagePhase 3
RevenueRevenue Generating

Trading

TickerNWRN.SW
ExchangeSIX Swiss Exchange

Contact

newron.cominfo@newron.com+39 02 6103 46 30

Therapeutic Areas

NeurologyRare DiseasesPsychiatry

Partners

Zambon Group (Commercial partner for Xadago ex-US/EU)Meiji Seika Pharma (Commercial partner for Xadago in Japan)Eisai (Former partner for Xadago in US)
SIMILAR COMPANIES
AAVantgarde Bio
AAVantgarde Bio
Pre-clinical · Milan
AB ANALITICA
AB ANALITICA
Pre-clinical · Padua
BetaGlue Therapeutics
BetaGlue Therapeutics
Phase 1 · Milan
Adienne Pharma and Biotech
Adienne Pharma and Biotech
Pre-clinical · Milan
Advaxia Biologics
Advaxia Biologics
Pre-clinical · Milan
Is this your company?

Claim your profile to update information, add pipeline data, and connect with investors.

Claim profile