Raise Private placement: $150M (total, as published), announced Jul 29, 2026. Source: SEC filing. source ↗
Trial start Phase 3: 52-week Open Label Safety-Tolerability Study source ↗
Trial start Phase 3: Study to Evaluate LB-102 for the Treatment of Adult Patients With Acute Schizophrenia source ↗
Raise Private placement: $100M (total, as published), announced Feb 5, 2026. Source: SEC filing. source ↗
Trial start Phase 2: Multicenter Study to Assess the Efficacy and Safety of LB-102 in the Treatment of Adult Patients With BP1MDE. source ↗
Raise IPO: $285M (total, as published), announced Sep 11, 2025. Source: company release on GlobeNewswire. source ↗
Trial start Phase 2: Randomized, Double-blinded, Placebo-controlled, Evaluating the Treatment With LB-102 in Patients With Acute Schizophrenia source ↗
Trial start Phase 1: Receptor Occupancy of LB-102 Using Positron Emission Tomography (PET) in Healthy Volunteers source ↗
Trial start Phase 1: Safety and Tolerability of Single and Multiple Doses of LB-102 in Healthy Adults source ↗
Upcoming milestones
2027-06 (ESTIMATED) · Phase 3 · Study to Evaluate LB-102 for the Treatment of Adult Patients With Acute Schizophrenia · NCT07363577
2028-02 (ESTIMATED) · Phase 2 · Multicenter Study to Assess the Efficacy and Safety of LB-102 in the Treatment of Adult Patients With BP1MDE. · NCT07494305
2028-12 (ESTIMATED) · Phase 3 · 52-week Open Label Safety-Tolerability Study · NCT07369154
Estimated primary completion per ClinicalTrials.gov. Dates move.
Funding
Raised: $535.0M. Last 2 years.
Private placement: $150M (total, as published), announced Jul 29, 2026. Source: SEC filing. source ↗
Private placement: $100M (total, as published), announced Feb 5, 2026. Source: SEC filing. source ↗
IPO: $285M (total, as published), announced Sep 11, 2025. Source: company release on GlobeNewswire. source ↗
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