How Much Did NeRRe Therapeutics Raise?
Funding & Key Investors

NeRRe Therapeutics, a clinical-stage biopharmaceutical firm, has successfully secured significant capital to advance its pipeline of novel therapeutics. The company's total funding trajectory, currently standing at $36.3M, reflects a sustained commitment from institutional backers to address critical unmet medical needs. This latest major strategic investment of $28.2M underscores the market confidence in the firm's proprietary neurokinin-1 receptor antagonist platform, positioning the organization for pivotal clinical milestones.

The capital infusion serves as a catalyst for the ongoing development of orvepitant, a therapeutic candidate designed to mitigate cough hypersensitivity disorders. By targeting conditions such as idiopathic pulmonary fibrosis (IPF), NeRRe Therapeutics is addressing a significant gap in the respiratory medicine landscape, where current treatment options remain limited for patients suffering from chronic, debilitating symptoms.

What is NeRRe Therapeutics?

NeRRe Therapeutics
ManufacturingPharmaceuticalsBusiness Services

Founded in 2012 as a strategic spin-out from GSK, NeRRe Therapeutics operates at the intersection of neuroscience and respiratory medicine. The company is primarily focused on the development of orvepitant, a potent neurokinin-1 receptor antagonist. This asset is currently being evaluated for its efficacy in treating chronic cough associated with idiopathic pulmonary fibrosis, a rare and terminal lung condition. By leveraging deep expertise in receptor pharmacology, NeRRe Therapeutics aims to transform the standard of care for patients who have historically lacked effective therapeutic interventions. The company's operational model emphasizes rigorous clinical validation and a focused approach to drug development, ensuring that its lead assets are positioned for potential regulatory approval and commercial viability within the global pharmaceutical market.

How much funding has NeRRe Therapeutics raised?

NeRRe Therapeutics has raised a total of $36.3M across 2 funding rounds:

2012

Series A

$8.1M

2017

Series B

$28.2M

Series A (2012): $8.1M, investors not publicly disclosed

Series B (2017): $28.2M led by Advent Life Sciences, OrbiMed, Fountain Healthcare Partners, Forbion, and Novo A/S

Key Investors in NeRRe Therapeutics

OrbiMed

OrbiMed Advisors LLC is a specialized investment firm focused on the healthcare sector, managing capital across biopharmaceuticals, medical devices, and digital health platforms.

Novo A/S

Novo Holdings is a Danish private limited liability company wholly owned by the Novo Nordisk Foundation, focusing on long-term life sciences investments.

Advent Life Sciences

Advent Venture Partners LLP is a UK-based venture capital firm specializing in early-stage and growth-stage investments within the life sciences and technology sectors.

What's next for NeRRe Therapeutics?

With the recent influx of capital, NeRRe Therapeutics is well-positioned to accelerate its clinical development programs. The strategic roadmap involves advancing orvepitant through critical trial phases, with a focus on generating robust data to support future regulatory filings. As the company transitions from early-stage development to more advanced clinical evaluation, the management team will likely prioritize operational scaling and potential strategic partnerships to maximize the therapeutic and commercial reach of its pipeline. The continued support from high-profile life sciences investors provides the necessary financial runway to navigate the complexities of late-stage drug development, ensuring that the firm remains a leader in the specialized field of cough hypersensitivity and respiratory disease management.

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Frequently Asked Questions Regarding NeRRe Therapeutics Financial Insights

What are the most recent funding rounds that NeRRe Therapeutics has completed, and what were the funding rounds?
NeRRe Therapeutics has recently completed 2 funding rounds: Series B on Jan 4, 2017, Series A on Jan 1, 2012.
What is the total amount of funding NeRRe Therapeutics has raised to date?
NeRRe Therapeutics has raised a total of $36.3M in funding to date.
How many funding rounds has NeRRe Therapeutics completed?
NeRRe Therapeutics has completed 2 funding rounds.
How much funding did NeRRe Therapeutics raise in its most recent funding round?
NeRRe Therapeutics raised $28.2M in its most recent funding round.
Who are the lead investors in NeRRe Therapeutics's latest funding round?
The lead investor in NeRRe Therapeutics's latest funding round was Advent Life Sciences. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in NeRRe Therapeutics's history?
The largest funding round in NeRRe Therapeutics's history was $28.2M.
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