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Minerva Neurosciences raised $80 million upfront to advance its schizophrenia drug, triggering a 166% stock surge.
Minerva Neurosciences secured up to $200 million in funding through a private placement, with $80 million received upfront, to advance roluperidone, a potential treatment for schizophrenia’s negative symptoms.
The company plans to use the funds for a confirmatory Phase 3 trial, resubmit its New Drug Application, and prepare for a U.S. commercial launch.
The deal, expected to close around October 23, 2025, triggered a 166% stock surge.
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Minerva Neurosciences recaudó $ 80 millones por adelantado para avanzar en su fármaco para la esquizofrenia, provocando un aumento del 166% en las acciones.