Cerevel Therapeutics

Cerevel Therapeutics

Develops treatments for neuroscience diseases

About

Cerevel Therapeutics develops new treatments for diseases related to the brain and nervous system. The company focuses on conditions like Parkinson's disease, epilepsy, and schizophrenia, using a deep understanding of how different parts of the brain communicate to create effective therapies. Their approach combines advanced chemistry with the study of how drugs interact with brain receptors. Unlike many competitors, Cerevel is dedicated specifically to neuroscience and is currently in the clinical trial phase, testing the safety and effectiveness of its drug candidates. The goal of Cerevel is to provide new treatment options for the millions of people affected by these challenging diseases.

Company Stage

IPO

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$654.6M

Headquarters

Cambridge, Massachusetts

Founded

2018


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Simplify's Take

What believers are saying

  • AbbVie's acquisition provides resources to accelerate Cerevel's drug development pipeline.
  • Success in Phase III trials positions Cerevel as a leader in Parkinson's treatment.
  • Growing interest in Alzheimer's-related psychosis offers expansion opportunities for Cerevel.

What critics are saying

  • Increased competition from companies like Karuna could impact Cerevel's market share.
  • AbbVie's emraclidine failure may increase scrutiny on Cerevel's drug candidates.
  • AbbVie's acquisition may lead to strategic shifts disrupting Cerevel's projects.

What makes Cerevel Therapeutics unique

  • Cerevel combines neurocircuitry expertise with receptor selectivity for neuroscience disease treatment.
  • The company has a diversified pipeline with five clinical-stage investigational therapies.
  • Cerevel's approach involves CNS receptor pharmacology to target specific brain receptors.

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Growth & Insights
Headcount

6 month growth

-61%

1 year growth

-57%

2 year growth

-52%

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