Pipeline & investor

One target — independent paths to value creation.

Programs span neurodevelopmental, neurodegenerative, and acute indications. Click any row for current status, key readouts, and partners.

Program · Indication
Candidate
Discovery → Approval
Status / designations
Discovery Preclinical Phase 1 Phase 2 Phase 3 Approval
2026–2028

Clinical milestones & value inflection.

Funded clinical progression with additional programs positioned for advancement.

Fragile X Syndrome — Phase 2

Funded mid-stage program with paired data readouts.

DoD-funded study with double-blind crossover design and home-visit participation, conducted across three sites: Rush University, Cincinnati Children's Hospital, and UC Davis. Two readout windows positioned for capital and partnering decisions:

  • Q3 2027 — interim readout
  • Q3 2028 — complete data

Orphan Drug Designation in process.

Program detail
Fragile X clinical illustration
Huntington's Disease

Phase 3-ready asset with FDA-aligned design.

Pivotal trials with capital availability. FDA agreement on pivotal trial design and endpoints. Orphan and Fast Track designations support an efficient registration path.

Program detail
Threat-response neural circuit illustration
Mild TBI

IND-enabling in progress; Phase 2a injury-modifying study planned.

Translational mTBI evidence with SRX251 and AVN849 — reduced euronal damage and preserved cognition in concusse, untreated comparators. Phase 2a trial with capital; non-US sites under evaluation.

Program detail
Brain injury cascade illustration
Capital

$56M raised across venture and non-dilutive sources.

$18.5M
Venture capital
$25.9M
NIH (NIMH & NINDS)
$11.7M
DoD CDMRP awards
$37.6M
Total non-dilutive

Lead investors

Ascent Biomedical Ventures · Scientific Health Development

NIH programs

SBIR · RAID · NeuroNext · National Toxicology Evaluation Program

Use of proceeds

Fragile X follow-on · HD registration trials · mild TBI to Phase 2a go/no-go

Intellectual property

10 U.S. patents and 50+ foreign patents.

New uses for Azevan's V1a antagonists, with 5-year extensions under U.S. Hatch-Waxman and EP Supplementary Protection Certificate.

Patent expiries by indication
Neuropsychiatric symptoms — neurodegenerative diseasesHuntington's · Alzheimer's · Parkinson's 2040
Traumatic brain injury (TBI) 2043
PTSD & intermittent explosive disorder 2036
Get in touch

Investor & partnership inquiries.

For additional information about partnership, investment, or our pipeline programs:

Neal G. Simon, Ph.D. — Chief Executive Officer
ngsimon@azevan.com · 610-509-6127