COMPANY
Leal Therapeutics
We use iterative medicinal chemistry strategies to develop brain-penetrant small molecules including LTX-001 and LTX-007. From company website Source · Oct 13, 2026
Raises and deals from press releases
- Raise Series A · $30M · announced Aug 17, 2026 Company release ↗
Source quote
- Aug 17, 2026 · Company release ↗
“Leal Therapeutics Announces $30 Million Series A Extension and Initiation of Phase 1b/2a Clinical Trial of LTX-001 in Schizophrenia”
- Aug 17, 2026 · Company release ↗
- Raise Series A · $30M · announced Aug 27, 2025 Company release ↗
Source quote
- Aug 27, 2025 · Company release ↗
“Leal Therapeutics Announces $30 Million Series A to Progress First-In-Class Neuro-Metabolic Therapies for Neurodegenerative and Neuropsychiatric Disorders with High-Unmet Need”
- Aug 27, 2025 · Company release ↗
- Raise Undisclosed round · $45M · announced Oct 30, 2024 Company release ↗
Source quote
- Oct 30, 2024 · Company release ↗
“-- Leal Therapeutics, Inc., a biotechnology company developing novel therapeutics for patients with disorders of the central nervous system (CNS), today announced a $45 million financing”
- Oct 30, 2024 · Company release ↗
Timeline
- Raise Series A · $30M source ↗
- Trial start Phase 1: A Study of LTX-001 In Adult Participants With Acute Exacerbation of Schizophrenia source ↗
- Trial start Phase 1/Phase 2: A Study of LTX-002 in Adult Participants With Amyotrophic Lateral Sclerosis source ↗
- Raise Series A · $30M source ↗
- Raise Undisclosed round · $45M source ↗
Upcoming milestones
- 2027-03 (ESTIMATED) · Phase 1 · A Study of LTX-001 In Adult Participants With Acute Exacerbation of Schizophrenia · NCT07734493
- 2031-06 (ESTIMATED) · Phase 1/Phase 2 · A Study of LTX-002 in Adult Participants With Amyotrophic Lateral Sclerosis · NCT07660614
Clinical trials (lead sponsor) 2
| Record | Title | Phase | Status | Start | Primary completion |
|---|---|---|---|---|---|
| NCT07734493 | A Study of LTX-001 In Adult Participants With Acute Exacerbation of Schizophrenia | Phase 1 | Recruiting | Aug 3, 2026 | 2027-03 (estimated) |
| NCT07660614 | A Study of LTX-002 in Adult Participants With Amyotrophic Lateral Sclerosis | Phase 1/Phase 2 | Recruiting | Apr 29, 2026 | 2031-06 (estimated) |
Raises and investors new
- InvestorListed in the portfolio of OrbiMed (captured Oct 12, 2026). portfolio page ↗