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Prevail Therapeutics logo — Wholly owned subsidiary of Eli Lilly and Company

Prevail Therapeutics

Wholly owned subsidiary of Eli Lilly and Company

Founded 2017 United States New York, United States 17 employees Acquired Total: $1.29B Biotechnology

General Information

Company Name Prevail Therapeutics
Founded Year 2017
Location United States New York, United States
Employees 17
Industries Biotechnology
Funding Stage Acquired
Business Model B2B, B2D
Revenue Model Licensing, Product Sales
Social

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About Prevail Therapeutics

Prevail Therapeutics, founded in 2017, is a pioneering biotech company focused on developing novel gene therapies aimed at addressing the root genetic causes of Parkinson’s disease and other neurodegenerative disorders. Their mission is to convert recent advances in human genetics and gene therapy technology into transformative medicines that slow or halt neurodegeneration.

The company's strategy hinges on a precision medicine approach, targeting patient groups with critical unmet needs where current treatments fail to alter disease progression. In January 2021, Prevail was acquired by Eli Lilly and Company for $1.04B, becoming its wholly-owned subsidiary. This acquisition underscores Eli Lilly’s commitment to expanding its presence in the gene therapy domain.

Operating from the Alexandria Center for Life Science in New York City, Prevail is composed of a team committed to leveraging innovation in the fight against neurodegenerative diseases, promoting values like collaboration, integrity, and agility in its operations.

Business keywords: Gene Therapy, Neurodegenerative Disorders, Parkinson's Disease, Precision Medicine, Genetics, Drug Development, Pharmaceuticals, Clinical Research, Regulatory Affairs, Patient-Centric Approach, Innovative Therapeutics, Disease-Modifying Therapies, Human Genetics

Services & Products

Development of gene therapies
Clinical trial management

Target Customers

Patients with neurodegenerative diseases Patients with rare genetic disorders Healthcare providers Medical researchers

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition $1.04B 1
Eli Lilly
01 Jan 2021
IPO $125.00M -
01 Jun 2019
Series B $50.00M 7
RA Capital Management, OrbiMed +5
01 Mar 2019
Series A $75.00M 1
OrbiMed
01 Mar 2018
Seed $4.00M -
01 Aug 2017

Prevail Therapeutics Alternatives & Competitors

View All Alternatives
Prevail Therapeutics vs
PepGen
PepGen United States

Better Technology. Better Delivery. Developing a new generation of disease-modifying therapies.

IPO
64 employees
Biotechnology
Prevail Therapeutics vs
Be Biopharma
Be Biopharma United States

Engineered B cells as medicines

Series C
46 employees
Biopharma, Biotechnology
Prevail Therapeutics vs

Taysha Gene Therapies is focused on advancing AAV-based gene therapies for severe monogenic diseases...

IPO
134 employees
Biotechnology, Life Sciences

FAQ About Prevail Therapeutics

Wholly owned subsidiary of Eli Lilly and Company
Prevail Therapeutics was founded in 2017.
Prevail Therapeutics is headquartered in New York, United States.
Prevail Therapeutics operates in Biotechnology. Its work centres on Gene Therapy, Neurodegenerative Disorders, Parkinson's Disease and Precision Medicine. Its customers include Patients with neurodegenerative diseases, Patients with rare genetic disorders and Healthcare providers.
Prevail Therapeutics has a B2B and B2D business model. Its revenue comes from Licensing and Product Sales.
Prevail Therapeutics has approximately 17 employees.
Prevail Therapeutics has completed 5 funding rounds, raising a total of $1.29B. The latest funding stage is Acquired.
Prevail Therapeutics offers: Development of gene therapies, Clinical trial management.
Top alternatives and competitors to Prevail Therapeutics include PepGen, Be Biopharma, Taysha Gene Therapies, Alumis, NeuroSense Therapeutics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Prevail Therapeutics and PepGen are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Prevail Therapeutics, https://bouncewatch.com/company/prevail-therapeutics, updated 9 June 2026. When citing, please name BounceWatch and link this page.

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