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Lusaris Therapeutics Launches With $60 Million Series A Financing To Redefine The Treatment Of Severe Neuropsychiatric And Neurological Disorders
Lusaris Therapeutics Launches With $60 Million Series A Financing To Redefine The Treatment Of Severe Neuropsychiatric And Neurological Disorders
11/02/22, 10:34 AM
Location
morrisville
Money raised
$60 million
Industry
healthcare
therapeutics
Round Type
series a
Lusaris Therapeutics, a biotechnology company advancing next-generation serotonergic neuroplastogen therapeutics to treat severe neuropsychiatric and neurological conditions, launched today with a $60 million Series A financing. The company’s lead program, LSR-1019, is a best-in-class sublingual formulation of 5-Methoxy-N,N-dimethyltryptamine (5-MeO-DMT), a fast-acting and rapidly clearing serotonergic psychedelic, in development for patients with treatment-resistant depression (TRD) and other severe neuropsychiatric disorders. RA Capital Management incubated Lusaris and led the Series A round with participation from leading healthcare investors including Venrock Healthcare Capital Partners, Deep Track Capital, Boxer Capital, and an additional undisclosed investor.
Company Info
Location
630 davis drive, suite 220
morrisville, new york, united states
Additional Info
Lusaris is a biotechnology company advancing next-generation serotonergic neuroplastogen therapeutics to treat severe neuropsychiatric and neurological disorders. Our lead program, LSR-1019, is a proprietary sublingual formulation of 5-MeO-DMT, a rapidly acting and rapidly clearing serotonergic psychedelic in development for treatment-resistant depression and other neuropsychiatric conditions. In addition to LSR-1019, our pipeline includes novel neuroplastogens for a wide range of neuropsychiatric and neurological conditions including migraine and cluster headache.
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