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Companies / Health Care / Minerva Neurosciences, Inc.
NERV

Minerva Neurosciences, Inc.

Health CarePharmaceutical Preparations
Ticker NERVBURLINGTON, MAFiscal year ends DecemberBook value per share $-1.25Diluted shares 78.2M

Minerva Neurosciences, Inc. (Nasdaq: NERV) is a clinical-stage biopharmaceutical company developing proprietary drug candidates for central nervous system diseases. Its lead candidate, roluperidone, is being developed to treat negative symptoms in people with schizophrenia; the company plans a confirmatory Phase 3… From the company’s description.

In fiscal 2025, Minerva Neurosciences, Inc. reported a net loss of $293.42M. Operations used $13.51M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
—
0.00%FY2025
$-293.42MFY2025
−20492.7% year over year
Last 12 mo $-290.86M
208.47%FY2025
+214.1 percentage points
Last 12 mo 298.24%
Cash & financing
$-13.51MFY2025
+30.9% year over year
Last 12 mo $-31.40M
$-13.51MFY2025
+30.9% year over year
Last 12 mo $-31.40M
—
8.5MFY2025
+11.7% year over year
Last 12 mo 78.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Minerva Neurosciences, Inc. does

In the company’s own words

Minerva Neurosciences, Inc. (Nasdaq: NERV) is a clinical-stage biopharmaceutical company developing proprietary drug candidates for central nervous system diseases. Its lead candidate, roluperidone, is being developed to treat negative symptoms in people with schizophrenia; the company plans a confirmatory Phase 3 trial to support a potential resubmission of its U.S. drug application. Roluperidone may also be studied for other conditions, including apathy in dementia, Alzheimer’s disease, Parkinson’s disease and depression. Minerva previously co-developed seltorexant with Janssen for insomnia and major depressive disorder, then sold its rights to potential royalties to Royalty Pharma in 2021. The company has no approved products and has not generated revenue from product sales or licensing. It operates as a single clinical-stage business rather than reporting separate operating segments, and relies on contract manufacturers and clinical research partners. For 2025, Minerva reported total operating expenses of $293.4 million. Its website is www.minervaneurosciences.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
BURLINGTON, MA
Fiscal year end
December
CIK
1598646
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-326.88M$-226.50M$-126.12M$-25.74M$74.64M201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Minerva Neurosciences, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

48
funds hold it
0 of 35
superinvestors hold it
$22.88M
held by funds, at market
8.2%
of shares held by funds

Largest fund holders · Minerva Neurosciences, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Federated Hermes Kaufmann Small Cap Fund
FKASX · Federated Hermes Equity Funds
—of fund net assets
Federated Hermes Kaufmann Fund
KAUAX · Federated Hermes Equity Funds
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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