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Mentara Therapeutics acquires MTA-304 from EuMentis

PRIVATEOct 07, 2026

Acquiring Company

Mentara Therapeutics

Acquired Company

Eumentis Therapeutics, Inc.

Madhya PradeshNewtonBiotechnologyHealth CareTherapeuticsHealthcare

Description

Mentara Therapeutics has officially launched following the acquisition of MTA-304 from EuMentis Therapeutics. MTA-304 is a Phase 2-ready PDE10A inhibitor aimed at treating levodopa-induced dyskinesia in Parkinson's disease. This acquisition allows EuMentis shareholders to become part of Mentara. Financial terms of the deal were not disclosed.

Company Information

Company

Mentara Therapeutics

Location

Madhya Pradesh, India

About

Mentara Therapeutics is a neuropsychiatry company focused on advancing treatments for Parkinson’s disease. The company has launched with the acquisition of MTA-304, a Phase 2-ready PDE10A inhibitor. Mentara plans to conduct clinical studies to evaluate the efficacy of MTA-304. Mentara is backed by SPRIM Global Investments.

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Frequently asked

Who acquired Eumentis Therapeutics, Inc.?

Eumentis Therapeutics, Inc. was acquired by Mentara Therapeutics, based in Madhya Pradesh. The deal was reported on October 7, 2026. Mentara Therapeutics is a neuropsychiatry company focused on advancing treatments for Parkinson’s disease. The company has launched with the acquisition of MTA-304, a Phase 2-ready PDE10A inhibitor. Mentara Therapeutics is privately held and operates in Biotechnology.

When did Mentara Therapeutics acquire Eumentis Therapeutics, Inc.?

Mentara Therapeutics's acquisition of Eumentis Therapeutics, Inc. was reported on October 7, 2026. Mentara Therapeutics has officially launched following the acquisition of MTA-304 from EuMentis Therapeutics. MTA-304 is a Phase 2-ready PDE10A inhibitor aimed at treating levodopa-induced dyskinesia in Parkinson's disease. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Eumentis Therapeutics, Inc. do?

EuMentis Therapeutics Inc. is a privately held clinical stage pharmaceutical company focused on the development and commercialization of novel therapeutics to treat neuropsychiatric conditions with high unmet need. It is privately held, operating in Healthcare, and is based in Newton.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.