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Neuvivo

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A late clinical-stage biopharmaceutical company developing a new ALS treatment

Palo Alto, United StatesFounded 2020Biotech & Life Sciences
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Neuvivo and the history behind them.

About Neuvivo

Neuvivo is a late-clinical stage biopharmaceutical company based in Palo Alto, California, established in 2020 to develop treatments for neurodegenerative diseases, with a primary focus on Amyotrophic Lateral Sclerosis (ALS). The company was founded by a team of experienced industry professionals, including CEO Ari Azhir, PhD, and Chief Scientific Officer Michael McGrath, MD, PhD. Dr. Azhir has a background in biophysics and has founded other biopharmaceutical companies, while Dr. McGrath is an Emeritus Professor of Medicine at UCSF, where the initial discoveries leading to Neuvivo's lead candidate were made.

The company's core focus is on its lead drug candidate, NP001, a sodium chlorite infusion. The business model centers on the development and future commercialization of this therapeutic. Neuvivo operates in the biopharmaceutical market, a sector characterized by high research and development costs, stringent regulatory oversight, and the potential for significant returns upon successful drug approval and market entry. The company has raised capital through venture funding, including an $11M round in June 2023, to finance its clinical trials and regulatory submission processes.

NP001 represents a distinct approach to treating ALS by targeting the body's innate immune system rather than pursuing a purely neurologic mechanism. The therapy is designed to modulate macrophage activity, aiming to restore balance over uncontrolled inflammation, which is considered a critical factor in the progression of ALS. Evidence suggests that neuroinflammation contributes to the destruction of motor neurons; NP001 is designed to regulate this process, potentially slowing the decline in lung function and extending survival for patients. The drug candidate was previously developed by Neuraltus Pharmaceuticals, which ceased operations after Phase 2b trials did not meet their primary endpoints. Neuvivo acquired the asset and, using post-hoc analysis of the previous studies which suggested benefits for a subset of patients with high inflammation, has advanced the treatment.

A significant milestone was achieved in October 2024, when Neuvivo submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for NP001. This submission is supported by data from Phase 2a and 2b clinical trials and subsequent survival studies. The FDA has previously granted NP001 both Orphan Drug and Fast Track designations, which could potentially expedite the review process. If approved, NP001 would be a first-in-class therapy addressing the immunologic aspects of ALS, serving patients who currently have limited treatment options that offer only modest extensions in survival.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Palo Alto, United States
Employees
3
Open positions
None listed
Dealroom signal
55.7/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jun 2023 $11M $44M Primestreet Capital ↗
EARLY VC✓Equity / VC May 2022 $0 — Undisclosed ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Neuvivo website traffic

Latest recorded traffic for Neuvivo is 750 monthly website visits, down 68.8% over the last three months. Neuvivo's team grew 0% over the past year.

Latest monthly visits750 3-month web change-68.8% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Primestreet Capital

Other known investors1 additional known investor

  • University of California, San Francisco
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Neuvivo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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