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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 combination of advanced chemistry and the study of how drugs interact with brain receptors. Unlike many competitors, Cerevel emphasizes a deep understanding of brain biology and neurocircuitry to guide its research and development efforts. The goal is to create effective therapies for the millions of people affected by these challenging diseases, with a commitment to rigorous evaluation and innovation in neuroscience.

Company Stage

IPO

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$1.8B

Headquarters

N/A

Founded

2018


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Simplify's Take

What believers are saying

  • The recent Phase III success of tavapadon for Parkinson's disease demonstrates Cerevel's potential to bring impactful therapies to market.
  • The $8.7 billion acquisition by AbbVie underscores the high value and promise seen in Cerevel's neuroscience pipeline.
  • Strong financial backing and successful funding rounds ensure that Cerevel has the resources to continue its innovative R&D efforts.

What critics are saying

  • As a clinical-stage company, Cerevel faces the inherent risk of clinical trial failures, which could delay or derail product development.
  • The competitive landscape in neuroscience drug development is intense, with many companies vying for market share in areas like Parkinson's and Alzheimer's.

What makes Cerevel Therapeutics unique

  • Cerevel Therapeutics leverages a unique partnership with Pfizer and Bain Capital, providing a strong foundation in both scientific expertise and financial backing.
  • The company's focus on CNS receptor pharmacology and neurocircuitry sets it apart from competitors who may not have such specialized approaches.
  • Cerevel's pipeline includes potentially first-in-class therapies like tavapadon, which targets D1/D5 receptors to improve motor control in Parkinson's disease.

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Growth & Insights
Headcount

6 month growth

-51%

1 year growth

-46%

2 year growth

-42%

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