Protagenic Therapeutics
PTIXPrivate Company
Total funding raised: $12.5M
Overview
Protagenic Therapeutics is a public, clinical-stage biotechnology company developing a novel class of therapeutics based on the Teneurin C-terminal Associated Peptide (TCAP) to regulate the stress response system. Founded in 2015, the company's mission is to address the root cause of stress-related disorders like depression, anxiety, PTSD, and addiction, where current treatments are often inadequate. Its strategy involves building a proprietary TCAP platform to efficiently develop multiple drug candidates for a broad spectrum of CNS indications. The lead candidate, PT00114, is advancing into clinical trials, representing a potentially transformative approach to neuronal health.
Technology Platform
Proprietary Teneurin C-terminal Associated Peptide (TCAP) platform, leveraging an evolutionarily conserved neuropeptide that acts as the body's intrinsic regulator of the stress response system to develop first-in-class therapeutics for CNS disorders.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Competes in crowded CNS markets but claims a unique niche targeting the endogenous stress regulator TCAP. Faces competition from standard antidepressants, novel rapid-acting therapies, and other neuropeptide platforms, but first-in-class status provides initial differentiation.
Competitors
Company Timeline
Founded in New York, United States
Seed: $2.5M
Series A: $10.0M