Caraway Therapeutics, Inc.

a subsidiary of Merck & Co., Inc. (Rahway, New Jersey USA) | Precision Medicines for CNS and Rare Diseases

General Information
Company Name
Caraway Therapeutics, Inc.
Founded Year
2018
Location (Offices)
Cambridge, United States +1
Founders / Decision Makers
Number of Employees
4
Industries
Biotechnology, Health Care, Health and Wellness
Funding Stage
Grant
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Caraway Therapeutics, Inc. - Company Profile

Caraway Therapeutics, Inc. is a biotechnology startup founded in 2018, headquartered in the United States. The company's slogan, "Precision Medicines for CNS and Rare Diseases," reflects its focus on developing targeted therapies for neurodegenerative and rare diseases. Caraway's unique approach leverages genetic data to develop proprietary small molecules that activate cellular clearance and recycling processes, thereby accelerating the removal of toxic materials and defective cellular components. Their research focuses on the link between lysosomal function and pathologies in various organ systems, including the central nervous system, heart, kidney, and muscle. This makes the company a leader in developing potentially disease-modifying compounds for conditions such as Parkinson’s disease, Amyotrophic Lateral Sclerosis, and lysosomal storage diseases. Caraway's last investment, a grant from the Michael J. Fox Foundation in November 2020, highlights the recognition and support the company has received in its pursuit of innovative therapeutics.

Taxonomy: Precision Medicines, CNS Diseases, Rare Diseases, Cellular Clearance, Genetic Data, Lysosomal Function, Neurodegenerative Diseases, Parkinson's Disease, Amyotrophic Lateral Sclerosis, Lysosomal Storage Diseases, Therapeutic Approach, Biological Understanding, Disease-modifying Compounds, Toxic Materials Clearance, Proprietary Small Molecules

Funding Rounds & Investors of Caraway Therapeutics, Inc. (3)

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Funding Stage Amount No. Investors Investors Date
Grant Unknown 1 18 Nov 2020
Venture Round Unknown 4 01 Jan 2020
Series A $23.00M 5 26 Nov 2018

Latest News of Caraway Therapeutics, Inc.

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