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§ Private Profile · Berwyn, PA, USA
Clinical-stage biotechnology company developing buntanetap for neurodegenerative diseases like Alzheimer's and Parkinson's.
Founded in May 2008 by Maria Maccecchini, Annovis Bio is a clinical stage biotechnology company based in Malvern, Pennsylvania, developing treatments for neurodegenerative conditions like Alzheimer's and Parkinson's. Operating as a publicly traded entity on the New York Stock Exchange since its initial public offering in January 2020, the firm employs a core team of fifteen individuals. The enterprise focuses on inhibiting the production of multiple neurotoxic proteins to restore brain function, advancing its lead oral drug candidate called buntanetap. Recent clinical data from 2024 showed buntanetap improved motor function in Phase 3 trials for early Parkinson's disease and demonstrated efficacy in Phase 2 and 3 trials for Alzheimer's. Guided by Principal Financial Officer Andrew Walsh and Audit Committee Chairman Reid McCarthy, the pipeline also includes ANVS405 for traumatic brain injury and ANVS301 for later stage dementia.
Annovis Bio has raised $7.1M across 4 funding rounds.
Annovis Bio has raised $7.1M in total across 4 funding rounds.
Annovis Bio has raised $7.1M in total across 4 funding rounds.
Annovis Bio's investors include Robin Hood Ventures, Michael Hoffman, Delaware Crossing Investor Group, Keiretsu Forum, Ben Franklin Technology Partners of Southeastern Pennsylvania, BioAdvance.
Annovis Bio has raised $7.1M across 4 funding rounds. Most recently, it raised $800K Series A in October 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 28, 2016 | $800K Series A | — | Robin Hood Ventures | Announced |
| May 26, 2015 | $5.7M Series A | Michael Hoffman | Delaware Crossing Investor Group, Keiretsu Forum, Robin Hood Ventures | Announced |
| Jan 17, 2012 | $110K Venture Round | BEN Franklin Technology Partners OF Southeastern Pennsylvania | — | Announced |
| Jun 2, 2010 | $500K Seed | — | BioAdvance | Announced |