NovaGo Promobility Therapeutics

NovaGo Promobility Therapeutics

Human antibody therapeutics targeting cerebral stroke and spinal cord injury to stimulate nerve repair and regeneration. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€35—53m (Dealroom.co estimates Mar 2019.)
Schlieren Switzerland (HQ)
  • Edit
DateInvestorsAmountRound

$12.0m

Series A
*

€8.8m

Series A
Total Funding€19.7m

Recent News about NovaGo Promobility Therapeutics

Edit
More about NovaGo Promobility Therapeuticsinfo icon
Edit

NovaGo Therapeutics, founded in 2015 in Schlieren, Switzerland, is a development-stage biotech company specializing in human antibody therapeutics aimed at promoting blood vessel and nerve growth. The company is focused on creating innovative treatments for cerebral stroke, spinal cord injury, and diabetic retinopathy (DR), a leading cause of blindness in adults and a common complication of Type 1 and Type 2 Diabetes. NovaGo's proprietary human antibodies have the potential to become safe and effective treatments in both ophthalmology and central nervous system indications. The company's business model revolves around the research and development of these therapeutic antibodies, with plans to initiate clinical development for its lead molecule targeting diabetic retinopathy. NovaGo generates revenue through partnerships, grants, and future commercialization of its therapeutic solutions.

Keywords: human antibody therapeutics, nerve repair, blood vessel growth, diabetic retinopathy, cerebral stroke, spinal cord injury, ophthalmology, central nervous system, biotech, clinical development.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.