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Soleno Therapeutics Inc (AKA: Capnia )
Profile last edited on: 12/2/2023      CAGE: 72XA4      UEI: DA8ADMFJRDU9

Business Identifier: Proprietary medical gas delivery system to develop therapeutic products for chronic disease
Year Founded
1999
First Award
2015
Latest Award
2018
Program Status
Active (Acquired)
Popularity Index

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  Explanation Edit

Location Information

203 Redwood Shores Parkway Suite 500
Redwood City, CA 94065
   (650) 213-8444
   info@soleno.life
   www.soleno.life
Location: Single
Congr. District: 15
County: San Mateo

Public Profile

In 2017, the small firm Capnia Inc. merged with closely held Essentialis Inc. in a stock swap to create a company organized around addressing rare diseases. Renamed Soleno Therapeutics with the new stock symbol (NASDAQ:SLNO), the firm is usefully understood as a clinical-stage biopharmaceutical company developing novel therapeutics for the treatment of rare diseases. The firm's lead candidate - diazoxide choline controlled-release (DCCR) - is a once-daily oral tablet for the treatment of Prader-Willi syndrome (PWS), is currently being evaluated in an ongoing Phase 3 clinical development program

Extent of SBIR involvement

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Phase I Awards
1
Phase II Awards
1
Conversion Rate
100.00%
Phase I Dollars
$219,917
Phase II Dollars
$2,076,167
Total Awarded
$2,296,084

Synopsis: Awardee Business Condition

Employee Range
25-49
Revenue Range
2.5M-5M
VC funded?
Yes
Public/Private
Publicly Traded
Stock Info
NASDAQ : SLNO
IP Holdings
50-74

Awards Distribution by Agency

Most Recent SBIR Projects
Year Phase Agency Total Amount
2018 2 NIH $2,296,084
Project Title: Point-Of-Care End-Tidal Carbon Monoxide Measurement to Screen for Sickle Cell Disease

Key People / Management

  Anish Bhatnagar -- Chief Executive Officer, President & Chief Operating Officer

  Neil Cowen -- Senior Vice President of Drug Development

  Edward A Ebbers -- Chief Commercial Officer and Sr. VP

  Jing Gong -- Head of Statistical Programming

  David O'Toole -- Chief Financial Officer

  Anthony D Wondka -- Vice President, Research And Development

  Kristen Yen -- Vice President, Clinical and Regulatory Affairs

Company News

Mar 08 2017
Capnia Completes Merger with Essentialis Creating Rare Disease Therapeutics Company
Jul 27 2015
Capnia Announces $10 Million At-the-Market Firm Commitment Stock Purchase Agreement with Aspire Capital
Nov 13 2014
Capnia, Inc. Announces Pricing of Initial Public Offering