NervGen Pharma

NervGen Pharma

A medicine company dedicated to creating solutions for the treatment of nerve damage and neurodegenerative diseases. Learn more

Launch date
Employees
Market cap
$130m
Enterprise valuation
$111m (Public information from Sep 2024)
Vancouver British Columbia (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD2017201820192020202120222023
EBITDA(<1m)(1.3m)(9.8m)(11.1m)(12.8m)(22.7m)(17.1m)
Profit(<1m)(1.4m)(9.8m)(11.2m)(12.7m)(20.7m)(22.4m)
R&D budget-<1m6.4m6.2m6.9m16.6m8.0m
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DateInvestorsAmountRound
N/A

$100k

Seed
N/A

N/A

IPO
*

$1.5m

Grant
*

$3.2m

Grant
*

$20.0m

Post IPO Equity
Total Funding$4.8m

Recent News about NervGen Pharma

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More about NervGen Pharmainfo icon
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NervGen is a clinical-stage biotech company focused on developing groundbreaking treatments that enable the nervous system to repair itself following damage from injury or disease. The company is currently advancing its lead drug candidate, NVG-291, through Phase 1b/2a clinical trials targeting spinal cord injuries. NervGen's innovative approach aims to address scar formation in the nervous system, which can result from acute injuries like spinal cord damage or chronic conditions such as multiple sclerosis. The company plans to expand its pipeline with NVG-300, targeting ischemic stroke, amyotrophic lateral sclerosis (ALS), and spinal cord injury. NervGen operates in the biotech sector, primarily serving patients with neurological damage and collaborating with healthcare providers and research institutions. The business model revolves around drug development and clinical trials, with revenue potential from licensing agreements, partnerships, and eventual drug sales upon regulatory approval.

Keywords: biotech, nervous system repair, spinal cord injury, NVG-291, clinical trials, scar formation, multiple sclerosis, ischemic stroke, ALS, drug development.

Tech stack

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