
Year
DEALS // DEV.
Country
Therapeutic Area
Study Phase
Deal Type
Product Type
Dosage Form
Lead Product
Target

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Lead Product(s) : Undisclosed
Therapeutic Area : Neurology
Study Phase : Discovery Platform
Recipient : SandboxAQ
Deal Size : $200.0 million
Deal Type : Collaboration
SandboxAQ, MapLight Therapeutics Collaborate on Novel CNS Therapies Discovery
Details : The collaboration aims to advance an undisclosed G protein-coupled receptor for Central Nervous System (CNS) disorders.
Product Name : Undisclosed
Product Type : Miscellaneous
Upfront Cash : Undisclosed
December 16, 2025
Lead Product(s) : Undisclosed
Therapeutic Area : Neurology
Highest Development Status : Discovery Platform
Recipient : SandboxAQ
Deal Size : $200.0 million
Deal Type : Collaboration

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Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Morgan Stanley | Jefferies | Leerink Partners | Stifel
Deal Size : $296.3 million
Deal Type : Public Offering
MapLight Therapeutics Closes IPO with Full Underwriters' Share Purchase Option Exercise
Details : The proceeds from the offering will be used to fund the clinical development of ML-007C-MA, a small molecule product targeting the M1/M4 receptor for central nervous system disorders.
Product Name : Undisclosed
Product Type : Miscellaneous
Upfront Cash : Undisclosed
October 29, 2025
Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Morgan Stanley | Jefferies | Leerink Partners | Stifel
Deal Size : $296.3 million
Deal Type : Public Offering

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Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Morgan Stanley
Deal Size : $250.0 million
Deal Type : Public Offering
MapLight Goes Public with $250M IPO to Fund Cobenfy Competitor
Details : The proceeds from the offering will be used to fund the clinical development of ML-007C-MA, a small molecule product targeting the M1/M4 receptor for the treatment of schizophrenia.
Product Name : Undisclosed
Product Type : Miscellaneous
Upfront Cash : Undisclosed
October 26, 2025
Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Morgan Stanley
Deal Size : $250.0 million
Deal Type : Public Offering

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Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Jefferies
Deal Size : $262.3 million
Deal Type : Public Offering
MapLight illuminates $262M IPO plans to fund Cobenfy competitor
Details : In the public offering, ML-007C-MA, a miscellaneous product targeting the M1/M4 receptor, aims to advance treatment for schizophrenia.
Product Name : ML-007C-MA
Product Type : Miscellaneous
Upfront Cash : Undisclosed
October 07, 2025
Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Jefferies
Deal Size : $262.3 million
Deal Type : Public Offering

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Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Morgan Stanley
Deal Size : Undisclosed
Deal Type : Public Offering
MapLight Keeps Biopharma’s IPO Flame Alight To Advance Alzheimer’s, Schizophrenia Drugs
Details : The proceeds will help MapLight advance the clinical development of its current programs, including ML-007C-MA, an investigational agonist of the M1/M4 muscarinic receptors.
Product Name : ML-007C-MA
Product Type : Miscellaneous
Upfront Cash : Undisclosed
September 22, 2025
Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Morgan Stanley
Deal Size : Undisclosed
Deal Type : Public Offering

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Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Forbion
Deal Size : $372.5 million
Deal Type : Series D Financing
MapLight Therapeutics Raises $372.5M in Series D Financing
Details : The Series D financing will support the clinical development of ML-007C-MA, a small molecule targeting the M1/M4 receptor.
Product Name : Undisclosed
Product Type : Miscellaneous
Upfront Cash : Undisclosed
July 28, 2025
Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Forbion
Deal Size : $372.5 million
Deal Type : Series D Financing

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Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase II
Sponsor : Undisclosed
Deal Size : Inapplicable
Deal Type : Inapplicable
Study of ML-007C-MA Efficacy & Safety in Inpatient Adults with Schizophrenia
Details : ML-007C-MA is a Other Small Molecule drug candidate, which is currently being evaluated in Phase II clinical studies for the treatment of Schizophrenia.
Product Name : Undisclosed
Product Type : Miscellaneous
Upfront Cash : Inapplicable
June 26, 2025
Lead Product(s) : ML-007C-MA
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase II
Sponsor : Undisclosed
Deal Size : Inapplicable
Deal Type : Inapplicable

Details : ML-007C-MA is a Other Small Molecule drug candidate, which is currently being evaluated in phase II clinical studies for the treatment of Alzheimer Disease.
Product Name : Undisclosed
Product Type : Miscellaneous
Upfront Cash : Inapplicable
March 20, 2025

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Lead Product(s) : ML-007,Undisclosed
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase I
Sponsor : Undisclosed
Deal Size : Inapplicable
Deal Type : Inapplicable
MapLight Announces Phase 1 Results for M1/M4 Agonist in Schizophrenia and Alzheimer’s
Details : ML-007/PAC is an extended-release, fixed-dose combination of M1/M4 agonist, co-formulated with PAC. It is being investigated for schizophrenia and Alzheimer's disease psychosis.
Product Name : Undisclosed
Product Type : Miscellaneous
Upfront Cash : Inapplicable
December 02, 2024
Lead Product(s) : ML-007,Undisclosed
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase I
Sponsor : Undisclosed
Deal Size : Inapplicable
Deal Type : Inapplicable

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Lead Product(s) : ML-007
Therapeutic Area : Psychiatry/Psychology
Study Phase : Phase I
Sponsor : Undisclosed
Deal Size : Inapplicable
Deal Type : Inapplicable
Maplight Completes Phase 1 Trial for M1/m4 Agonist in Schizophrenia and Alzheimer's
Details : ML-007C-MA is a combination M1/M4 muscarinic agent. It is under phase 1 clinical development for the treatment of Schizophrenia & Alzheimer's disease psychosis.
Product Name : Undisclosed
Product Type : Miscellaneous
Upfront Cash : Inapplicable
January 03, 2024
Lead Product(s) : ML-007
Therapeutic Area : Psychiatry/Psychology
Highest Development Status : Phase I
Sponsor : Undisclosed
Deal Size : Inapplicable
Deal Type : Inapplicable
