Prexton therapeutics

Prexton therapeutics

Integrates molecular, behavioral and chemistry technologies to address Parkinson’s disease and other brain disorders. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€905m (Public information from Mar 2018)
Company register number 67516114
Oss Noord-Brabant (HQ)
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DateInvestorsAmountRound

N/A

Seed

$10.0m

Series A

€29.0m

Series B
*

€905m

Valuation: €905m

Acquisition
Total Funding€38.1m

Recent News about Prexton therapeutics

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Prexton Therapeutics is dedicated to developing innovative drugs aimed at improving the quality of life for individuals suffering from brain disorders and other diseases. The company specializes in designing novel mGluR4 compounds, which are a new class of treatments for these conditions. Prexton Therapeutics primarily serves patients with neurological disorders, operating within the pharmaceutical and biotech market. The business model revolves around research and development of proprietary compounds, which are then licensed or sold to larger pharmaceutical companies for further development and commercialization. Revenue is generated through licensing agreements, milestone payments, and royalties from sales of the developed drugs.

Keywords: mGluR4, brain disorders, neurological, innovative drugs, biotech, pharmaceutical, R&D, licensing, proprietary compounds, quality of life.

Tech stack

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