Neumora

Neumora

Develops precision medicines for CNS disorders

Overview

Preparing a concise company summary for Neumora Therapeutics based on provided description.

About Neumora

Simplify's Rating
Why Neumora is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Biotechnology

Healthcare

Company Size

51-200

Company Stage

IPO

Headquarters

Waltham, Massachusetts

Founded

2020

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Simplify's Take

What believers are saying

  • June 15, 2026 navacaprant failure forced focus onto NMRA-511, 898, and 215.
  • July 27, 2026 NMRA-215 toxicology cleared and IND submission targets Q4 2026.
  • Neumora still guides cash runway into Q3 2027 after a 35% workforce cut.

What critics are saying

  • Navacaprant's June 2026 Phase 3 collapse destroys Neumora's lead asset and credibility.
  • NMRA-898 remains Phase 1; any late-2026 miss leaves Neumora without a clinic-ready franchise.
  • Q3 2027 cash runway is existential if NMRA-511, NMRA-898, or NMRA-215 stall.

What makes Neumora unique

  • NMRA-511's 2026 Alzheimer's agitation signal supports a differentiated V1aR precision bet.
  • NMRA-898 offers a once-daily M4 PAM schizophrenia program with 80-100-hour half-life.
  • NMRA-215 targets obesity through a brain-penetrant NLRP3 inhibitor, not another GLP-1.

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Funding

Total Funding

$916.5M

Above

Industry Average

Funded Over

4 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Company Equity

Paid Vacation

Paid Sick Leave

Paid Holidays

Disability Insurance

Parental Leave

Performance Bonus

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

2%
Associated Press
Jun 15th, 2026
Neumora discontinues navacaprant after Phase 3 trial failures, cuts workforce by 35%

Neumora Therapeutics announced its Phase 3 KOASTAL-2 and -3 studies of navacaprant for major depressive disorder failed to achieve primary or key secondary endpoints. The company is discontinuing navacaprant development and reducing its workforce by approximately 35%, resulting in $10 million in annualised cost savings. Neumora is refocusing on its clinical portfolio, including NMRA-511 for Alzheimer's disease agitation, NMRA-898 for schizophrenia and NMRA-215 for cardiometabolic disease. The company expects to complete several studies and initiate new clinical trials by year-end 2026. Following the restructuring, which will incur approximately $2 million in one-time costs, Neumora expects its current cash to provide runway into the third quarter of 2027. The KOASTAL studies enrolled 852 patients, with navacaprant showing similar efficacy to placebo.

Yahoo Finance
Apr 6th, 2026
Neumora Therapeutics to participate in 25th annual needham virtual healthcare conference.

Neumora Therapeutics to participate in 25th annual needham virtual healthcare conference. Neumora Therapeutics, Inc.

Yahoo Finance
Mar 31st, 2026
Neumora raises $182.5M, extends cash runway to Q3 2027 despite Alzheimer's drug delays

Neumora Therapeutics has reported a cash position of $182.5 million in cash, cash equivalents and marketable securities as of 31 December 2025, expected to support operations into the third quarter of 2027. The company's net loss for 2025 was comparable to 2024. Neumora announced positive Phase Ib results for NMRA-511 in Alzheimer's disease agitation and has fully enrolled KOASTAL-2 and KOASTAL-3 studies for navacaprant, with data expected in the second quarter of 2026. The company also reported promising data for NMRA-898 in schizophrenia and class-leading weight loss results for NMRA-215. However, unexpected adverse findings in a rat toxicology study for NMRA-215 have delayed clinical trials until the first quarter of 2027.

The Manila Times
Feb 4th, 2026
Neumora Therapeutics to Participate in Guggenheim Emerging Outlook: Biotech Summit 2026

Neumora Therapeutics to participate in Guggenheim Emerging Outlook: Biotech Summit 2026. By GlobeNewswire February 4, 2026 WATERTOWN, Mass., Feb. 04, 2026 (GLOBE NEWSWIRE) - Neumora Therapeutics, Inc. (Nasdaq: NMRA), a clinical-stage biopharmaceutical company with a therapeutics pipeline consisting of programs that target novel mechanisms of action for a broad range of underserved, prevalent diseases, today announced that the Company will participate in a fireside chat at the Guggenheim Emerging Outlook: Biotech Summit 2026 on Wednesday, February 11, 2026 at 4:00 p.m. ET in New York, NY. A live webcast of the fireside chat will be available on the events and presentations section of the Company's website at www.neumoratx.com. A replay of the webcast will be available following the completion of the event and will be archived for up to 30 days. About Neumora Neumora Therapeutics, Inc. is a clinical-stage biopharmaceutical company founded to confront the global brain disease crisis by taking a fundamentally different approach to the way treatments for brain diseases are developed. Our therapeutic pipeline currently consists of seven neuroscience programs that target novel mechanisms of action for a broad range of underserved neuropsychiatric disorders and neurodegenerative diseases. Our work is supported by an integrated suite of translational, clinical and computational tools to generate insights that can enable precision medicine approaches. Neumora's mission is to redefine neuroscience drug development by bringing forward the next generation of novel therapies that offer improved treatment outcomes and quality of life for patients suffering from brain diseases. Neumora Contact: Helen Rubinstein 617-402-5700 [email protected]

BioGeneration Ventures
Jul 10th, 2025
Brenig Therapeutics Announces Appointments of David L. Lucchino as CEO and Tien Dam, M.D., as Chief Medical Officer, Expands Pipeline

Dr. Dam joins Brenig from Neumora Therapeutics, where she was Vice President of Clinical Development, leading strategy and execution across neuropsychiatry and neurodegeneration programs.

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