Aeovian Pharma raises $55M to advance epilepsy candidate

17 December 2025

California, USA-based clinical-stage biopharmaceutical company Aeovian Pharmaceuticals revealed it has closed an oversubscribed $55 million Series B financing that will fund completion of a Phase II proof-of-concept study for its lead development candidate, AV078, in tuberous sclerosis complex (TSC)-related refractory epilepsy.

The funding round was co-led by new investors Luma Group and CTI Life Sciences Fund, with participation from Foresite Capital, SymBiosis, the TSC Alliance Endowment Fund and Wilson Sonsini. Existing investors Apollo Health Ventures, Hevolution, Sofinnova Investments and venBio also supported the financing.

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