Takeda and Lightstone Ventures Launch Cerevance
Takeda and Lightstone have launched Cerevance, a neuroscience company focused on developing therapeutics for neurological and psychiatric disorders.
On Dec. 2, 2016 Takeda and Lightstone Ventures announced the launch of Cerevance, a new neuroscience company focused on discovering and developing novel therapeutics for neurological and psychiatric disorders. Cerevance is funded with $36 million that includes a $21.5 million Series A financing investment from Takeda and Lightstone Ventures.
The company will use a new technology, created in the Howard Hughes Medical Institute laboratory of Nathaniel Heintz, PhD at the Rockefeller University. Takeda will jumpstart the new company by providing a 25-person neuroscience research team from its Cambridge, United Kingdom site, including industry laboratory space, and licenses to a portfolio of preclinical and clinical stage drug programs. Brad Margus has been appointed CEO of Cerevance. Cerevance will have sites in both Massachusetts and the United Kingdom.
Source: Takeda
Drug Solutions Podcast: Gliding Through the Ins and Outs of the Pharma Supply Chain
November 14th 2023In this episode of the Drug Solutions podcast, Jill Murphy, former editor, speaks with Bourji Mourad, partnership director at ThermoSafe, about the supply chain in the pharmaceutical industry, specifically related to packaging, pharma air freight, and the pressure on suppliers with post-COVID-19 changes on delivery.
