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§ Private Profile · Paris, France
Medday Pharmaceuticals is a company.
Medday Pharmaceuticals has raised $49.3M across 2 funding rounds.
Key people at Medday Pharmaceuticals.
Medday Pharmaceuticals has raised $49.3M in total across 2 funding rounds.
Medday Pharmaceuticals develops therapies for severe neurological disorders by targeting brain metabolism. Their lead compound, MD1003, is currently in development for conditions like primary and secondary progressive multiple sclerosis and X-linked adrenoleukodystrophy. This innovative approach focuses on elucidating metabolic pathways to address high unmet medical needs.
Frédéric Sedel and Guillaume Clark co-founded Medday Pharmaceuticals in 2011. Their collaboration originated from a shared insight into the profound impact of metabolic dysregulation on central nervous system diseases. Combining their expertise, the founders aimed to translate advanced understanding of brain metabolism into novel therapeutic solutions.
The company serves patients suffering from debilitating neurological conditions with limited current options. Medday Pharmaceuticals envisions profoundly improving outcomes by pioneering new therapeutic strategies grounded in metabolic science. They aspire to significantly enhance lives affected by complex brain disorders.
Medday Pharmaceuticals has raised $49.3M across 2 funding rounds. Most recently, it raised $38.8M MedDay - Series B in April 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 8, 2016 | $38.8M Series B | — | Chahra Louafi, Rafaèle Tordjman | Announced |
| Apr 9, 2013 | $10.5M Venture Round | — | Innobio, Sofinnova Partners | Announced |
Medday Pharmaceuticals has raised $49.3M in total across 2 funding rounds.
Medday Pharmaceuticals's investors include Chahra Louafi, Rafaèle Tordjman, InnoBio, Sofinnova Partners.
MedDay Pharmaceuticals is a biopharmaceutical company founded in 2011, specializing in treatments for nervous system disorders with high unmet medical needs, particularly through research into brain metabolism pathways.[1][2] It targets neurological diseases like multiple sclerosis (MS), autism, and Alzheimer’s, with its most advanced candidate being MD1003 (high-dose biotin) for primary and secondary progressive MS, though a key Phase III trial failed in 2020; the company also pursues MD-1103 for autism and MD-1105 for Alzheimer’s.[1][2][4] MedDay serves patients with rare inborn errors of metabolism and neurodegenerative conditions, addressing gaps in therapies by leveraging expertise in neurometabolism, and raised €42 million from investors like Sofinnova Partners to fund development.[2]
MedDay was founded in 2011 by Frédéric Sedel, MD, PhD—a leading neurologist and neuroscientist specializing in metabolic disorders—and Guillaume Brion, MD, an entrepreneur with 25 years in drug development and clinical research.[1][2] The idea emerged from Sedel's clinical insights into brain metabolism and Brion's pharmaceutical experience, creating a biotech firm focused on neurometabolism for neurological diseases.[2] Key milestones include €8 million Series A in 2013, the first US/EU patent in 2014, €34 million Series B in 2016, and acquiring Profilomic SA in 2017 to bolster its SPECMET metabolomics platform; however, the 2020 SPI2 Phase III failure for MD1003 marked a setback.[2]
The name "MedDay" draws from the "mayday" distress signal, symbolizing a call for help ("m’aider" in French) in treating unmet needs.[2]
MedDay rides the wave of precision medicine in neurology, targeting metabolism pathways overlooked in traditional neurodegeneration research, amid rising demand for therapies in progressive MS (affecting ~1 million globally) and aging-related diseases like Alzheimer’s.[1][3] Timing aligns with post-2020 biotech shifts toward metabolic modulators, fueled by failures in antibody-based MS treatments and growing interest in biotin/orphan drug repurposing.[2][4] Market forces favoring it include EU-based incentives for rare diseases, VC support for neuro-biotech (e.g., Sofinnova's Life Sciences focus), and a fragmented progressive MS market lacking disease-modifying options.[2] It influences the ecosystem by validating neurometabolism as a novel paradigm, potentially inspiring similar metabolic approaches in rivals.
Post-2020 SPI2 failure, MedDay faces pipeline uncertainty with MD1003 discontinued and others pending, likely pivoting to Alzheimer’s/autism candidates amid biotech funding caution.[2][4] Trends like AI-driven metabolomics and combo therapies could revive momentum, especially if MD-1105 advances. Its influence may evolve from MS pioneer to niche neurometabolism player, contingent on trial successes—watch for partnerships to bridge expertise gaps and scale globally.[1][2] This "mayday" call for brain health innovation remains vital in an era of unmet neuro needs.
Key people at Medday Pharmaceuticals.