Tech Company Financing Transactions

Cerecor Funding Round

Cerecor, based in Rockville, raised $16.3 million in funding from New Enterprise Associates, Apple Tree Partners and MPM Capital.

Transaction Overview

Company Name
Announced On
7/21/2014
Transaction Type
Venture Equity
Venture Equity
Amount
$16,259,016
Round
Series B
Investors

New Enterprise Associates (Lead Investor) (James Barrett)

Apple Tree Partners (Behshad Sheldon)

MPM Capital (Luke Evnin)

Proceeds Purpose
Proceeds from the round will support the development of Cerecor's lead product candidate CERC-301, a first-in-class, oral, selective NR2B inhibitor in Phase 2 development as a once-a-day adjunctive therapy for severe MDD (major depressive disorder) with a rapid onset of action, and its catechol-O-methyltransferase (COMT) inhibitor platform for various conditions characterized by impairment of executive function and working memory.

Company Information

Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
540 Gaither Rd. 400
Rockville, MD 20850
USA
Email Address
Not Recorded
Overview
Cerecor Inc. is a clinical-stage biopharmaceutical company with the goal of becoming a leader in the development of innovative drugs that make a difference in the lives of patients with neurological and psychiatric disorders.
Profile
Cerecor LinkedIn Company Profile
Social Media
Cerecor Company Twitter Account
Company News
Cerecor News
Facebook
Cerecor on Facebook
YouTube
Cerecor on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Joseph Miller
  Joseph Miller LinkedIn Profile  Joseph Miller Twitter Account  Joseph Miller News  Joseph Miller on Facebook
Chief Scientific Officer
Perry Calias
  Perry Calias LinkedIn Profile  Perry Calias Twitter Account  Perry Calias News  Perry Calias on Facebook
VP - Bus. Development
James Harrell
  James Harrell LinkedIn Profile  James Harrell Twitter Account  James Harrell News  James Harrell on Facebook


 

 

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