Welcome to our dedicated page for Ovid Therapeutics news (Ticker: OVID), a resource for investors and traders seeking the latest updates and insights on Ovid Therapeutics stock.
Ovid Therapeutics Inc. (Nasdaq: OVID) is a New York‑based biopharmaceutical company developing small molecule medicines for brain conditions driven by excess neural excitability. The OVID news feed on Stock Titan aggregates company‑issued press releases and other coverage that detail its clinical progress, financing activities and corporate developments.
News about Ovid frequently highlights updates on its lead programs. These include OV329, a next‑generation GABA‑aminotransferase (GABA‑AT) inhibitor being developed as a potential therapy for treatment‑resistant seizures, and a portfolio of potassium‑chloride cotransporter 2 (KCC2) direct activators, such as OV350 and OV4071, for multiple central nervous system disorders. Company announcements describe Phase 1 results, biomarker data, safety and tolerability findings, and plans for subsequent clinical studies in drug‑resistant epilepsies and neuropsychiatric indications.
Investors following OVID news will also see disclosures on capital formation and strategic transactions, such as private placement financings involving Series B convertible preferred stock and warrants, and the sale of future ganaxolone royalty rights to Immedica Pharma AB. Regulatory and listing‑related updates, including interactions with The Nasdaq Stock Market regarding bid price compliance and share authorization, are reported through SEC‑related press releases and proxy materials.
Corporate governance items, such as leadership succession plans, executive appointments and special or annual meeting outcomes, appear regularly in Ovid’s news flow. These updates provide context on how the company is organizing its management and board to support its CNS‑focused pipeline.
By reviewing the OVID news page, readers can track how Ovid Therapeutics communicates progress on OV329, its KCC2 direct activator franchise, financing events and key regulatory or governance milestones over time.
Ovid Therapeutics (NASDAQ:OVID) has entered into a definitive agreement with Immedica Pharma AB to sell its future ganaxolone royalty rights outside China for $7 million in cash. The deal includes the transfer of royalty rights from Ovid's 2022 agreement with Marinus Pharmaceuticals for ganaxolone use in CDKL5 deficiency disorder (CDD). Immedica will also acquire or license Ovid's global ganaxolone intellectual property portfolio and assume related costs.
The transaction provides non-dilutive funding to extend Ovid's operational runway. For reference, Ovid recorded $566,000 in ganaxolone royalty revenues in 2024. The deal has no impact on Ovid's current pipeline as the company has not been pursuing ganaxolone development.
Ovid Therapeutics (NASDAQ: OVID), a biopharmaceutical company focused on developing medicines for brain conditions, has announced its participation in the 24th Annual Needham Virtual Healthcare Conference.
The company's President and Chief Operating Officer, Meg Alexander, will deliver a presentation on Monday, April 7, 2025, at 8:45 AM ET.
Investors and interested parties can access the live webcast through the Events & Presentations section at investors.ovidrx.com. A replay will remain available on the company's website for approximately 30 days after the presentation.
Ovid Therapeutics (NASDAQ: OVID) reported its Q4 and full-year 2024 financial results, highlighting key pipeline developments and organizational updates. The company ended 2024 with $53.1 million in cash and equivalents, expected to fund operations into H2 2026.
Key developments include: appointment of Dr. Stelios Papadopolous to the Board of Directors; anticipated topline results from OV329's Phase 1 study in Q3 2025; and initiation of first-in-human study for OV350 in Q1 2025. The company reported full-year 2024 revenues of $566,000 and a net loss of $26.4 million ($0.37 per share).
Pipeline updates include:
- OV329: Phase 1 study progressing with no serious adverse events reported
- OV350: First KCC2 direct activator initiated human trials
- OV4071: First oral KCC2 activator targeting human studies in Q2 2026
- OV888/GV101: Phase 2 proof-of-concept study paused for strategic evaluation
Ovid Therapeutics (Nasdaq: OVID) has appointed Dr. Stelios Papadopoulos to its Board of Directors. Dr. Papadopoulos, a renowned scientist, investor, and entrepreneur with over four decades of biotechnology experience, will serve on the company's Audit and Compensation Committees.
The appointment comes at a strategic time as Ovid advances its pipeline, including novel KCC2 direct activators and OV329 epilepsy program, focusing on developing small-molecule medicines for brain conditions with significant unmet need.
Dr. Papadopoulos brings extensive experience from his roles at Cowen & Co., PaineWebber, and academic positions. He currently serves as Chairman of Exelixis and Regulus Therapeutics, and was previously Chairman of Biogen. He holds an MS in physics, PhD in biophysics, and MBA in finance from New York University.
Ovid Therapeutics (NASDAQ: OVID), a biopharmaceutical company focused on developing medicines for brain conditions, has announced its participation in the TD Cowen 45th Annual Health Care Conference. Meg Alexander, President and Chief Operating Officer, will deliver a presentation on Monday, March 3, 2025, at 3:10 p.m. ET in Boston, Massachusetts.
Investors and interested parties can access the live webcast through the Events & Presentations section at investors.ovidrx.com. A replay will remain available on the company's website for approximately 30 days after the presentation.
Ovid Therapeutics (Nasdaq: OVID), a biopharmaceutical company focused on developing medicines for brain conditions, has announced its upcoming participation in the Oppenheimer 35th Annual Healthcare Life Sciences Conference. The company's management will deliver a virtual presentation on Wednesday, February 12, 2025, at 4:00 p.m. ET.
Interested parties can access the live webcast through the Events & Presentations section on the company's investor website at investors.ovidrx.com. For those unable to attend the live session, an archived replay will be made available on the company's website after the presentation.
Ovid Therapeutics (Nasdaq: OVID) announced the presentation of four posters at the 2024 American Epilepsy Society Annual Meeting in Los Angeles, highlighting their pipeline programs targeting neuronal hyperexcitability. The presentations focus on two key compounds: OV329, a next-generation GABA aminotransferase inhibitor, and OV350, a KCC2 direct activator.
The research demonstrates OV329's improved safety profile and lack of ocular accumulation compared to vigabatrin, along with its effectiveness in elevating GABA and suppressing seizures. Studies also show OV350's potential in treating nerve agent-induced benzodiazepine-resistant refractory status epilepticus. The company aims to be the first to study a KCC2 direct activator in humans next year.
Ovid Therapeutics reported Q3 2024 financial results and business updates. The company's Phase 1 SAD/MAD study of OV329 is progressing with plans to expand dosing opportunities. A regulatory application for OV350 Phase 1 trial is expected in Q4 2024. The company has paused Phase 2 study of OV888/GV101 to evaluate competitor trial insights. Financial position shows $62.7 million in cash and marketable securities, expected to support operations into H2 2026. Q3 results include revenue of $173,000, R&D expenses of $7.9 million, and a net loss of $14.0 million ($0.20 per share).