Neumora Therapeutics is a clinical-stage biopharmaceutical company that develops precision medicine for neuropsychiatric disorders and neurodegenerative diseases. The company’s proprietary computational platform leverages machine learning, data science, and neuroinformatics to map novel drug targets to specific areas of the brain to address brain diseases and mental health conditions.
Launched in 2021, Neumora emerged with seven drug programs that were discovered in-house, via acquisitions of multiple private companies (including BlackThorn Therapeutics) and license agreements with Amgen. The company’s lead drug candidate, NMRA-140, is a selective antagonist for the kappa opioid receptor (KOR) in Phase 2 clinical trials for patients with major depressive disorder. It is intended to reduce stress responses, providing a novel therapeutic approach to treating neurobehavioral disorders. Its other clinical-stage (Phase 1) drug candidate, NMRA-511, is being developed for anxiety disorder.
Funding and Financials
The firm raised its latest funding in October 2022 amounting to USD 112 million in a Series B funding round co-led by Mubadala Capital, Abu Dhabi Growth Fund and Amgen. The new funds were allocated towards advancing its drug development pipeline into clinical and preclinical trials and developing its neuroscience platform.
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