Key Performance
More- Earnings Score: N/A
- Momentum Score: 69
- True Yield: N/A
- Financial Health Score: N/A
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Latest Research & News
Here's Why Ovid Therapeutics Stock Popped Higher Today
Ovid Therapeutics stock surged 18% following positive Phase 1 data for OV329, a next-generation GABA-AT inhibitor for epilepsy. The drug showed no treatment-related adverse events at 7mg dose and no ophthalmic changes, addressing safety concerns with existing treatments. The company announced a $60M private placement to fund Phase 2 trials and expansion into other indications.
03/18/2026, 2:17 PM • The Motley Fool
Ovid Therapeutics Announces Pricing of $60 Million Private Placement
Ovid Therapeutics secured $60 million in private investment in public equity (PIPE) financing led by Point72, with participation from multiple hedge funds and asset managers. The company plans to use proceeds to expand development of OV329, a GABA-aminotransferase inhibitor, into tuberous sclerosis complex and infantile spasms indications, along with general R&D expenses.
03/18/2026, 6:00 AM • GlobeNewswire
Ovid Therapeutics announced a CEO succession plan with Meg Alexander becoming CEO on January 1, 2026, and Dr. Jeremy M. Levin transitioning to Executive Chair. The company reported positive Phase 1 results for OV329, a next-generation GABA-AT inhibitor, and continues advancing its KCC2 direct activator portfolio.
11/12/2025, 7:00 AM • GlobeNewswire
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Company Profile
Ovid Therapeutics Inc., a biopharmaceutical company, engages in the development of small molecule medicines for brain disorders including epilepsies and seizure-related neurological disorders in the United States. The company is developing OV329, a GABA-AT inhibitor which is in Phase 1 clinical trials for the treatment of adult and infant drug-resistant epilepsies; and OV4071, a first-in-human oral potassium-chloride cotransporter 2 direct activator which is in Phase 1 clinical trials for the treatment of psychosis associated with parkinson's disease, lewy body dementia, and acute schizophrenia. It has license and collaboration agreements with AstraZeneca AB, H. Lundbeck A/S, Northwestern University, and Graviton, as well as Marinus Pharmaceuticals, Inc. The company was incorporated in 2014 and is headquartered in New York, New York.