Details

Last Funding Type

Post-IPO Debt

Last Funding Money Raised

$125M

Industries

Biotechnology,Health Care,Medical,Pharmaceutical

Founded date

Oct 4, 2016

Number Of Employee

51 - 100

Operating Status

Active

Stock Symbol

nasdaq:PRVB

Legal Name

Provention Bio, Inc.

Provention Bio, Inc. is a clinical-stage biopharmaceutical company dedicated to sourcing, developing and commercializing novel therapeutics and cutting-edge solutions to intercept and prevent immune-mediated disease.

Their “predict and prevent” model is focused on developing novel therapeutic approaches that intervene before the target disease begins, re-appears or progresses. As such, we believe Provention is well-positioned to become a leader in a new biopharmaceutical category centered on the interception of disease, offering the potential to reduce the high-morbidity, mortality, patient suffering and escalating costs of chronic autoimmune and inflammatory diseases, such as type 1 diabetes (T1D), Crohn’s disease, ulcerative colitis, and emerging viral infections.
Provention has been carefully conceived, founded and positioned to be at the forefront of this pioneering new paradigm in medicine. They believe Provention’s business model, coupled with our expertise in translational medicine, immunology and the design and execution of rapid go/no-go clinical trials, will enable us to in-license and efficiently partner both early-stage development assets and more advanced clinical-stage opportunities.