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§ Private Profile · Medford, MA, USA
Myrobalan Therapeutics is a technology company.
Myrobalan Therapeutics develops oral small molecule therapies for Central Nervous System (CNS) diseases. These therapies target neuroinflammation and promote remyelination, addressing critical drivers in conditions such as multiple sclerosis, Alzheimer's, ALS, and Parkinson's. The company applies drug discovery expertise to identify potent, selective, brain-penetrant compounds, utilizing biomarker-guided precision neurology for targeted development.
Incorporated in May 2021, Myrobalan stems from groundbreaking Harvard and MIT research. Scientific co-founders Professor Zhigang He and Professor Guoping Feng launched the company, driven by insights into novel remyelination and anti-neuroinflammation mechanisms. Co-founder Dr. Jing Wang serves as CEO, leading the translation of this academic foundation into innovative solutions.
Myrobalan targets patients suffering from neurodegenerative, demyelinating, and neuropsychiatric disorders. Its vision is to deliver first-in-class oral neurorestorative therapies that repair damage and restore neural function. The company commits to advancing innovative, precisely targeted treatments to meaningfully improve patient outcomes.
Myrobalan Therapeutics has raised $33.9M across 3 funding rounds.
Myrobalan Therapeutics has raised $33.9M in total across 3 funding rounds.
Myrobalan Therapeutics is a biotechnology company developing oral small molecule therapies targeting demyelination and neuroinflammation to treat CNS conditions like ALS, multiple sclerosis, Alzheimer's, and Parkinson's.[1][2][3] Its lead program, MRO-001 (CSF1R inhibitor), addresses neuroinflammation in ALS and aims to be IND-ready by mid-2025, funded by the ALS Association, while MRO-002 (GPR17 antagonist) promotes myelin repair with an IND filing planned for 2026, supported by the National Multiple Sclerosis Society.[2][5] Headquartered in Medford, Massachusetts, the company has raised $43M+ in funding ($10M seed, $24M Series A first closing, $9M additional), employs under 25 people, and generates ~$5.1M in revenue, focusing on brain-penetrant drugs for unmet needs in neurodegenerative diseases.[1][4]
Myrobalan Therapeutics emerged from groundbreaking research by scientific co-founders Professor Zhigang He (Harvard) and Professor Guoping Feng (MIT), who in 2020 published in *Neuron* on CSF1R and GPR17's roles in remyelination and anti-neuroinflammation, prompting a shift to these novel mechanisms.[3][4] The company was incorporated shortly after, with Dr. Jing Wang, a co-founder, appointed CEO.[4] Key milestones include raising $10M seed funding, opening labs in Cambridge/Watertown, MA, and Nanjing, China (via subsidiary), graduating to Medford operations, joining J-Labs Shanghai, nominating a preclinical CSF1R candidate, securing an ALS Association grant, a $24M Series A (first closing), and $9M more financing, plus adding advisors and board member Grant Bogle.[4]
Myrobalan rides the neurorestorative wave in biotech, targeting root causes like neuroinflammation and demyelination amid rising CNS disease prevalence (e.g., ALS, MS, Alzheimer's), where current therapies fail to reverse pathology.[1][3][5] Timing aligns with advances in microglia modulation and remyelination research, plus precision neurology via biomarkers, fueled by market forces like aging populations and $100B+ neurodegenerative drug market.[3] It influences the ecosystem by translating academic breakthroughs (Harvard/MIT) into clinical candidates, bridging U.S.-China biotech, and securing nonprofit grants that de-risk early CNS programs.[2][4]
Myrobalan is poised for IND filings in 2025-2026, potentially advancing MRO-001 into ALS trials and MRO-002 for MS/neurodegenerative indications, with Series A extension funding supporting preclinical-to-clinical transition.[2][4] Trends like AI-driven drug discovery, microglial therapies, and remyelination platforms will shape its path, amplifying influence if Phase 1 data validate brain penetration and efficacy. As a nimble biotech with elite pedigrees, it could redefine oral CNS treatments, evolving from seed-stage innovator to pipeline leader in restorative neurology—tying back to its mission of harnessing novel mechanisms for brain repair.[3][5]
Myrobalan Therapeutics has raised $33.9M across 3 funding rounds. Most recently, it raised $850K Grant in March 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 13, 2025 | $850K Grant | National Multiple Sclerosis Society | — | Announced |
| Jul 29, 2024 | $9M Series A Plus | — | — | Announced |
| Jan 1, 2024 | $24M Series A | Co WIN Ventures | 3E Bioventures Capital | Announced |
Myrobalan Therapeutics has raised $33.9M in total across 3 funding rounds.
Myrobalan Therapeutics's investors include National Multiple Sclerosis Society, Co-win Ventures, 3E Bioventures Capital.