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Companies / Healthcare / Minerva Neurosciences, Inc.
NERV

Minerva Neurosciences, Inc.

HealthcarePharmaceutical Preparations
Ticker NERVBURLINGTON, MAFiscal year ends DecemberBook value per share $-4.71Diluted shares 45.3M

Minerva Neurosciences, Inc. (Nasdaq: NERV) is a clinical-stage biopharmaceutical company focused on developing proprietary product candidates to treat central nervous system diseases. The company's website is www.minervaneurosciences.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-293.42M
−20492.7% year over year
Last 12 mo $-394.35M
208.47%
+214.1 percentage points
Last 12 mo 184.88%
Cash & financing
$-13.51M
+30.9% year over year
Last 12 mo $-26.17M
$-13.51M
+30.9% year over year
Last 12 mo $-26.17M
—
8.5M
+11.7% year over year
Last 12 mo 45.3M

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 focused on developing proprietary product candidates to treat central nervous system diseases. The company's website is www.minervaneurosciences.com.

Minerva's lead product candidate is roluperidone, currently in development for treating negative symptoms in patients with schizophrenia. Roluperidone works by blocking serotonin 5-HT2A receptors, sigma-2 receptors, and alpha-adrenergic subtypes, mechanisms designed to address negative symptoms such as lack of motivation, inability to experience positive emotions, and diminished emotional expression without the side effects associated with existing antipsychotic therapies. In August 2022, the company submitted a New Drug Application to the FDA, which issued a Complete Response Letter in February 2024 requesting an additional Phase 3 confirmatory trial. The company is preparing to initiate the C19 trial in the second quarter of 2026, designed to enroll 380 patients with expected topline efficacy results in the second half of 2027 and relapse assessment data in the second half of 2028.

Beyond schizophrenia, roluperidone is being explored for potential therapeutic applications in conditions including apathy in dementia, autism spectrum disorders, Alzheimer's disease, Parkinson's disease, and depression. The company has filed an Investigational New Drug application for apathy in dementia and received FDA clearance.

Minerva also holds rights to seltorexant, a selective orexin 2 receptor antagonist co-developed with Janssen for treating insomnia and major depressive disorder. In January 2021, the company sold its royalty rights to seltorexant to Royalty Pharma for sixty million dollars in upfront payment plus up to ninety-five million dollars in potential milestone payments.

The company has accumulated significant operating losses since inception and has not generated revenue from product sales or licensing. Minerva holds exclusive worldwide rights to roluperidone outside certain Asian countries through a license agreement with Tanabe Pharma Corporation. The company relies on third-party contract manufacturers for production and does not currently maintain internal manufacturing facilities.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
BURLINGTON, MA
Fiscal year end
December
CIK
1598646
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-437.90M$-307.24M$-176.59M$-45.93M$84.73M201420152016201720182019202020212022202320242025Last 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
8.5%
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
0.06%of fund net assets
Federated Hermes Kaufmann Fund
KAUAX · Federated Hermes Equity Funds
0.03%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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