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Home > Companies > Novaremed
Claimed by owner Last Update 11.4.2022 Suggest Edits Claim Profile
Claimed by owner
Novaremed logo

Novaremed

Medication for Chronic Neuropathic Pain

Non Visible
Novaremed
About
Lifecycle
News
Gallery
www.businesswire.comJul 21, 2022
Novaremed Enters Into an Exclusive Option and License Agreement With NeuroFront for the Non-opioid Neuropathic Pain Treatment, NRD.E1, for Greater China and Singapore
www.businesswire.comJun 23, 2022
Novaremed Announces Publication of Phase 1 and Phase 2a Study Data With NRD.E1 Demonstrating the Potential of This Investigational Non-opioid Pain Treatment
www.startupticker.chDec 29, 2021
Novaremed's lead molecule enters Phase2b trials
www.businesswire.comSep 7, 2021
Novaremed Expands its Pipeline of Non-opioid Treatment Candidates for Chronic Pain Indications Through Acquisition of Metys Pharmaceuticals
www.finsmes.comFeb 4, 2021
Novaremed Secures US$50M - FinSMEs
www.businesswire.comDec 18, 2020
Novaremed Receives Fast Track Designation from the FDA for NRD135S.E1 for the Treatment of Painful Diabetic Peripheral Neuropathy
www.biospace.comSep 15, 2020
Novaremed Announces Closing of a New Financing, Publication of PCT Patent Application and Participation at IASP Virtual Conference on Pain & Expo BioSpace
www.businesswire.comJun 23, 2020
Novaremed Announces U.S. FDA Approval of IND Application to Initiate Phase 2 Clinical Study of NRD135S.E1 for the Treatment of Painful Diabetic Peripheral Neuropathy
www.businesswire.comSep 2, 2019
Novaremed Secures Additional Financing and Strengthens Leadership
www.businesswire.comJul 29, 2019
Novaremed Announces Management Changes
www.biospace.comMay 17, 2019
Novaremed Presents Top-Line Results from Phase 2a Diabetic Neuropathic Pain Study of NRD.E1 at NeuPSIG 2019 BioSpace
www.businesswire.comMar 5, 2019
Nicholas Draeger Named New CEO of Novaremed AG
www.startupticker.chOct 29, 2018
Novaremed gets closer to ambition
www.businesswire.comAug 23, 2018
Novaremed announces that it has raised CHF 6 million to prepare for a Phase 2b clinical study in Diabetic Neuropathic Pain
www.openaccessgovernment.orgAug 23, 2017
Novaramed - Novel medication for neuropathic pain
www.globes.co.ilJan 22, 2009
Pain treatment co Novaremed joins Ashkelon incubator

About

Novaremed, a privately held clinical-stage biopharmaceutical company, is developing effective and safe treatment options for managing chronic pain as an alternative to opioids.

The company's lead product is NRD.E1, an orally active non-opioid small molecule with a novel mechanism of action, FDA Fast Track Designation, and IND-approval to proceed with a Phase 2b clinical trial for the treatment of painful diabetic peripheral neuropathy.
The earlier stage pipeline addressing chronic pain includes candidates MP-101 (Phase 2 stage), targeting prevention and treatment of chemotherapy-induced peripheral neuropathy; and MP-103 (preclinical stage).
Novaremed's clinical development portfolio aims to satisfy high medical patient needs and societal demands by alleviating the burden of pain associated with diabetes and cancer for patients and countering over-reliance on addictive treatments.

Novaremed Ltd (Israel) and Metys Pharmaceuticals AG (Switzerland) are fully owned subsidiaries of Novaremed AG, domiciled in Basel (Switzerland).

Founded

Business models

B2B

Employees

Product stage

Primary Sector

Life Sciences & HealthTech

Products

NRD.E1

Geographic markets

Switzerland, United States, Europe

Funding

Total Funding

$67.16M

Last Funding

$50M

Funding Stage

A

Total Rounds

6

Investors

4

News

  (16)
www.businesswire.comJul 21, 2022
Novaremed Enters Into an Exclusive Option and License Agreement With NeuroFront for the Non-opioid Neuropathic Pain Treatment, NRD.E1, for Greater China and Singapore
www.businesswire.comJun 23, 2022
Novaremed Announces Publication of Phase 1 and Phase 2a Study Data With NRD.E1 Demonstrating the Potential of This Investigational Non-opioid Pain Treatment
www.startupticker.chDec 29, 2021
Novaremed's lead molecule enters Phase2b trials
www.businesswire.comSep 7, 2021
Novaremed Expands its Pipeline of Non-opioid Treatment Candidates for Chronic Pain Indications Through Acquisition of Metys Pharmaceuticals
www.finsmes.comFeb 4, 2021
Novaremed Secures US$50M - FinSMEs
www.businesswire.comDec 18, 2020
Novaremed Receives Fast Track Designation from the FDA for NRD135S.E1 for the Treatment of Painful Diabetic Peripheral Neuropathy
www.biospace.comSep 15, 2020
Novaremed Announces Closing of a New Financing, Publication of PCT Patent Application and Participation at IASP Virtual Conference on Pain & Expo BioSpace
www.businesswire.comJun 23, 2020
Novaremed Announces U.S. FDA Approval of IND Application to Initiate Phase 2 Clinical Study of NRD135S.E1 for the Treatment of Painful Diabetic Peripheral Neuropathy
www.businesswire.comSep 2, 2019
Novaremed Secures Additional Financing and Strengthens Leadership
www.businesswire.comJul 29, 2019
Novaremed Announces Management Changes
www.biospace.comMay 17, 2019
Novaremed Presents Top-Line Results from Phase 2a Diabetic Neuropathic Pain Study of NRD.E1 at NeuPSIG 2019 BioSpace
www.businesswire.comMar 5, 2019
Nicholas Draeger Named New CEO of Novaremed AG
www.startupticker.chOct 29, 2018
Novaremed gets closer to ambition
www.businesswire.comAug 23, 2018
Novaremed announces that it has raised CHF 6 million to prepare for a Phase 2b clinical study in Diabetic Neuropathic Pain
www.openaccessgovernment.orgAug 23, 2017
Novaramed - Novel medication for neuropathic pain
www.globes.co.ilJan 22, 2009
Pain treatment co Novaremed joins Ashkelon incubator

The Team

(5)
Isaac Kobrin
Executive Chairman of the Board of Directors
Connect
EKM
Eliahu Kaplan, M.D.
Founder & CEO
MS
Michal Silverberg
Head Of Clinical Operations
Connect
MR
Maurizio Rainisio
Head of Biometry
Connect
LHM
Liat Hochman, M.Sc.
Head of Operations

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Company Lifecycle

Event View
Timeline View

Public Offerings & Exits

Private Equity Funding

A Round
$4.5M
Apr 2018
1 Investors
$4.5M
A Round
$6M
Aug 2018
2 Investors
$6M
Undisclosed Round
$2.66M
Sep 2019
1 Investors
$2.66M
Undisclosed Round
$2.7M
Sep 2020
1 Investors
$2.7M
Undisclosed Round
$50M
Feb 2021
1 Investors
$50M

Non-Equity Funding

Grant
$1.3M
Nov 2008
0 Grantors
$1.3M

Mergers and Acquisitions

M&A
Undisclosed
Sep 2021
Type Acquisition
Undisclosed

Locations

Israel

HaSivim Street 24, Petah Tikva, Israel

Offices Abroad

Teichgaesslein 9, 4058 Basel

Sector

Life Sciences & HealthTech
Pharma & Biomedicine
Discovery & Development

Core Technology

Biologicals
Molecules

Target Customer

Healthcare & Life Sciences
Life Sciences
Pharmaceuticals

Tags

(6)

Locations

Israel

HaSivim Street 24, Petah Tikva, Israel

Offices Abroad

Teichgaesslein 9, 4058 Basel

Notes

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