Fundraising Fox

Cerecor Inc.

also invests · investor profile

Baltimore, US · Founded 2011 · 51 employees on LinkedIn · 3 known investors

Avalo is a clinical-stage biotechnology company developing therapeutics targeting the IL-1β pathway for immune-mediated inflammatory diseases. Its pipeline includes abdakibart (AVTX-009), tested in a Phase 2 trial for hidradenitis suppurativa, and AVTX-010, a long-acting next-generation anti-IL-1β antibody.

Founders & leadership

Cerecor Inc. was founded in 2011 by Blake M. Paterson.

BM
Blake M. PatersonFounder
MM
Mariam MorrisinExecutiveExecutive Officer at Cerecor Inc. (which operates Avalo, a clinical-stage biotech company developing therapeutics for immune-mediated inflammatory diseases). Morris has more than 25 years of experience in business strategy, BioPharma operations, SEC reporting, and investor relations.
RMRonald Marcus
Ronald MarcusinExecutiveRonald Marcus held leadership positions including CMO at Cerecor and Spinifex, VP of Research and Development at Supernus, CMO at Terran Biosciences, and SVP of Medical at Karuna Therapeutics where he worked on the KarXT antipsychotic program; most recently he was at BMS working on the KarXT lifecycle management program. His background spans drug development across psychiatry, neurology, and pain conditions.
UH
Uli HacksellExecutive
JK
John KaiserinExecutive
JV
James VornovinExecutive(which operates Avalo, a clinical-stage biotech company developing IL-1β pathway therapeutics). He has held roles in academic research and clinical development at companies of varying sizes, with extensive experience across CNS therapeutic areas including stroke, neurodegeneration, and pain, as well as expertise in adaptive trial design and pharmacokinetic/pharmacodynamic modeling.
RM
Reza MazhariinExecutive
FFFederica F. O'Brien
Federica F. O'BrieninExecutiveFederica F. O'Brien is an Executive Officer at Cerecor Inc. (which develops Avalo, a clinical-stage biotechnology company focused on IL-1β pathway therapeutics for inflammatory diseases). She has held CFO and COO roles at private and public life sciences and technology companies, and spent 15 years in accounting, audit, tax and consulting roles at PwC and other public accounting firms.
BH
Bernadine Heather FraserExecutive
SRSharon Rowland
Sharon RowlandinExecutiveShe has extensive experience in regulatory strategy and investigational product development for biologics, peptides, and small molecules across multiple therapeutic areas, including FDA and EMA interactions, IND filings, and NDA/BLA submissions.

Board

IB
Isaac BlechBoard director
MP
Magnus PerssonBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$152.9M disclosed across 4 rounds · 2014–2024

$130.6MraisedApr 2024 · 25 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • June Almenoff, M.D., Ph.D.Director
  • Mitchell ChanDirector
  • Jonathan Goldman, M.D.Director
  • Aaron KantoffDirector
  • Gilla Kaplan, Ph.D.Director
  • Magnus Persson, M.D., Ph.D.Director
  • Samantha TruexDirector
  • Christopher SullivanExecutive Officer
  • Garry Neil, M.D.Executive Officer, Director
Offering amount
$200M
Amount sold
$130.6M
Finders' fees
$6.9M
Placement agents
Oppenheimer & Co. Inc.
First sale
Mar 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedMay 2017 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • EUGENE A. BAUERDirector
  • ISAAC BLECHDirector
  • PHIL GUTRYDirector
  • MAGNUS PERSSONDirector
  • ULI HACKSELLExecutive Officer, Director
  • JOHN KAISERExecutive Officer
  • THOMAS AASENDirector
  • MARIAM E MORRISExecutive Officer
  • RONALD MARCUSExecutive Officer
Offering amount
$5M
Amount sold
$5M
First sale
Apr 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedSep 2016 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Isaac BlechDirector
  • Eugene BauerDirector
  • Phil GutryDirector
  • Thomas AasenDirector
  • Mariam MorrisExecutive Officer
  • Behshad SheldonDirector
  • Ronald MarcusExecutive Officer
  • Uli HacksellExecutive Officer, Director
  • Magnus PerssonDirector
  • John KaiserExecutive Officer
Offering amount
$15M
Amount sold
$1M
First sale
Sep 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$16.3MraisedJul 2014 · 13 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Magnus PerssonDirector
  • James VornovExecutive Officer
  • Isaac BlechDirector
  • Blake M. PatersonExecutive Officer, Director
  • Reza MazhariExecutive Officer
  • Frank TortiDirector
  • Eugene A. BauerDirector
  • Federica F. O'BrienExecutive Officer
  • Bernadine Heather FraserExecutive Officer
  • Sharon RowlandExecutive Officer
  • Mayukh SukhatmeDirector
  • Sol J. BarerDirector
  • John KaiserExecutive Officer
Offering amount
$33.3M
Amount sold
$16.3M
Finders' fees
$300K
Proceeds to insiders
$755K
Placement agents
Trout Capital LLC
First sale
Jul 2014
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Cerecor Inc. do?
Avalo is a clinical-stage biotechnology company developing therapeutics targeting the IL-1β pathway for immune-mediated inflammatory diseases. Its pipeline includes abdakibart (AVTX-009), tested in a Phase 2 trial for hidradenitis suppurativa, and AVTX-010, a long-acting next-generation anti-IL-1β antibody.
Who founded Cerecor Inc.?
Cerecor Inc. was founded by Blake M. Paterson in 2011.
Who are Cerecor Inc.'s investors?
Cerecor Inc.'s investors include New Enterprise Associates (NEA), OrbiMed, PETRICHOR SCION THERAPEUTICS.
How much funding has Cerecor Inc. raised?
Cerecor Inc. has disclosed $152.9M raised across 4 rounds.
Where is Cerecor Inc. headquartered?
Cerecor Inc. is headquartered in Baltimore, US.