Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
AbbVie’s $9B Bet Collapses as Closely Watched Schizophrenia Drug Fails Studies
Details : CVL-231 (emraclidine) is a potential novel M4-selective positive allosteric modulator in development for schizophrenia and other psychosis related diseases.
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : Inapplicable
November 11, 2024
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : AbbVie Inc
Deal Size : $8,700.0 million
Deal Type : Acquisition
Details : Through the acquisition, Abbvie expands neuroscience pipeline with multiple clinical-stage and preclinical candidates, including CVL-231 (emraclidine), with potential across several diseases including schizophrenia, Parkinson's disease (PD), and mood dis...
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : $8,700.0 million
June 12, 2023
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : AbbVie Inc
Deal Size : $8,700.0 million
Deal Type : Acquisition
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Details : Emraclidine is a positive allosteric modulator designed to selectively target the M4 muscarinic receptor subtype. Emerging evidence suggests that activation of M4 muscarinic acetylcholine receptor subtypes can reduce striatal dopamine signaling and reduc...
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : Inapplicable
December 19, 2022
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Details : CVL-231 (emraclidine), is a positive allosteric modulator designed to selectively target the M4 muscarinic receptor subtype. Emerging evidence suggests that activation of M4 muscarinic acetylcholine receptor subtypes can reduce striatal dopamine signalin...
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : Inapplicable
December 15, 2022
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Morgan Stanley
Deal Size : $254.0 million
Deal Type : Public Offering
Details : Cerevel intends to use the net proceeds to accelerate market development and pre-commercial planning activities for emraclidine and tavapadon, to advance the remainder of the programs in its pipeline, including darigabat, and its other promising earlier-...
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : Undisclosed
December 08, 2022
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Morgan Stanley
Deal Size : $254.0 million
Deal Type : Public Offering
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Morgan Stanley
Deal Size : $250.0 million
Deal Type : Public Offering
Cerevel Therapeutics Announces Proposed Public Offering of Common Stock
Details : Cerevel intends to use the net proceeds to support the continued development of emraclidine, including to accelerate registration-enabling activities, to evaluate the potential of emraclidine in other populations, including Alzheimer’s disease psychosi...
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : Undisclosed
October 08, 2022
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Morgan Stanley
Deal Size : $250.0 million
Deal Type : Public Offering
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase I
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Details : Emraclidine now the international nonproprietary name for CVL-231, an M4-selective positive allosteric modulator in development for schizophrenia. Company expects to initiate Phase 2 program by the middle of 2022, with data expected in the first half of ...
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : Inapplicable
October 01, 2022
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase I
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase I
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Details : Both doses of CVL-231 demonstrated a clinically meaningful and statistically significant improvement in PANSS Total score at 6 weeks and were overall well-tolerated compared with placebo.
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : Inapplicable
June 29, 2021
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase I
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase I
Sponsor : Piper Sandler
Deal Size : $445.0 million
Deal Type : Financing
Cerevel to Raise $445M in Merger with Blank-Check Company
Details : Upon completion of the business combination, the net proceeds will be used to advance development of Cerevel Therapeutics’ diverse neuroscience pipeline, including potential treatments for schizophrenia, epilepsy, and Parkinson’s diseas.
Product Name : CVL-231
Product Type : Other Small Molecule
Upfront Cash : Undisclosed
July 30, 2020
Lead Product(s) : Emraclidine
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase I
Sponsor : Piper Sandler
Deal Size : $445.0 million
Deal Type : Financing