Private company
Cerevel Therapeutics Holdings, Inc.
American pharmaceutical preparations company, incorporated in Delaware1
In its 2024 annual report the company says: “We are a clinical-stage biopharmaceutical company pursuing a targeted approach to neuroscience that combines a deep understanding of disease-related biology and neurocircuitry of the brain with advanced chemistry and central nervous system, or CNS, target receptor selective pharmacology to discover and design new therapies.”3 It is headquartered in Cambridge, Massachusetts.1
Last updated Oct 20, 2026.
Overview
- IndustryPharmaceutical Preparations1
- HeadquartersCambridge, Massachusetts1
- Incorporated inDE2
- Business address222 Jacobs Street, Suite 200, Cambridge, Ma 021412
- Filer categoryLarge accelerated filer2
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We are a clinical-stage biopharmaceutical company pursuing a targeted approach to neuroscience that combines a deep understanding of disease-related biology and neurocircuitry of the brain with advanced chemistry and central nervous system, or CNS, target receptor selective pharmacology to discover and design new therapies. We seek to transform the lives of patients through the development of new therapies for neuroscience diseases, including schizophrenia, Alzheimer’s disease psychosis, epilepsy, panic disorder and Parkinson’s disease. We are advancing our extensive and diverse pipeline with numerous clinical trials underway or planned, including three ongoing Phase 3 trials and an open-label extension trial for tavapadon in Parkinson’s, two ongoing Phase 2 trials and an open-label extension trial for emraclidine in schizophrenia, an ongoing Phase 2 proof-of-concept trial and an open-la…3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenue | $05 | $06 | $07 | $04 | ||
| Research and development | $50.3M6 | $103.3M7 | $161.9M4 | $280.3M4 | $334.6M4 | |
| Operating expenses | $220.1M4 | $367.8M4 | $447.3M4 | |||
| Operating income | -$83.5M6 | -$149.1M7 | -$220.1M4 | -$367.8M4 | -$447.3M4 | |
| Interest | $3.9M4 | $10.6M4 | ||||
| Income before tax | -$225.3M4 | -$351.4M4 | -$432.3M4 | |||
| Income tax | $45.0K6 | -$24.0K7 | $160.0K4 | $503.0K4 | ||
| Net income | -$128.4M6 | -$152.1M7 | -$225.3M4 | -$351.5M4 | -$432.8M4 | |
| Earnings per share | -$2.017 | -$1.654 | -$2.324 | -$2.674 | ||
| Earnings per share (diluted) | -$2.017 | -$1.654 | -$2.324 | -$2.674 | ||
| Shares (weighted, basic) | 136.6M shares4 | 151.3M shares4 | 162.1M shares4 | |||
| Shares (weighted, diluted) | 136.6M shares4 | 151.3M shares4 | 162.1M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash | $95.4M6 | $79.6M5 | $383.6M6 | $193.0M7 | $136.5M4 | $416.5M4 |
| Current assets | $87.1M5 | $390.6M6 | $578.0M7 | $905.7M4 | $1.0B4 | |
| Property, plant and equipment | $28.4M7 | $27.5M4 | $25.6M4 | |||
| Total assets | $120.8M5 | $445.3M6 | $688.9M7 | $1.0B4 | $1.2B4 | |
| Accounts payable | $11.3M7 | $10.1M4 | $11.9M4 | |||
| Current liabilities | $14.9M5 | $29.5M6 | $42.5M7 | $72.6M4 | $92.2M4 | |
| Long-term debt | $388.1M7 | $379.5M4 | ||||
| Total liabilities | $43.0M5 | $60.8M6 | $110.2M7 | $496.6M4 | $569.6M4 | |
| Retained earnings | -$616.2M7 | -$967.8M4 | -$1.4B4 | |||
| Shareholders’ equity | $99.7M6 | $77.8M7 | $384.5M4 | $578.7M4 | $521.2M4 | $673.7M4 |
| Shares outstanding | 60.9M shares5 | 127.1M shares6 | 147.7M shares7 | 156.5M shares4 | 181.4M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash from operations | -$70.7M6 | -$117.8M7 | -$178.5M4 | -$293.2M4 | -$342.3M4 | |
| Depreciation and amortization | $2.7M4 | $4.9M4 | $5.6M4 | |||
| Stock-based compensation | $23.9M4 | $38.8M4 | $69.4M4 | |||
| Capital spending | $1.1M6 | $18.9M7 | $10.5M4 | $4.0M4 | $3.8M4 | |
| Free cash flow | -$71.8M | -$136.7M | -$189.0M | -$297.1M | -$346.1M | |
| Cash from investing | -$435.7M4 | -$388.8M4 | $73.7M4 | |||
| Cash from financing | $423.6M4 | $623.2M4 | $548.6M4 |
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Corporate structure
Cerevel Therapeutics Holdings, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Cerevel Therapeutics Holdings, Inc.
- BC Perception Holdings, LP Filed SC 13D/A on Cerevel Therapeutics Holdings, Inc., latest Aug 5, 2024 (5 filings since Mar 3, 2022)
- Pfizer Filed SC 13D/A on Cerevel Therapeutics Holdings, Inc., latest Aug 5, 2024 (3 filings since Apr 7, 2022)
- FMR LLC Filed SC 13G/A on Cerevel Therapeutics Holdings, Inc., latest May 10, 2024 (4 filings since Feb 9, 2022)
- PERCEPTIVE ADVISORS LLC Filed SC 13D/A on Cerevel Therapeutics Holdings, Inc., latest Oct 17, 2023 (3 filings since Apr 21, 2023)
- Cerevel Therapeutics Holdings, Inc. Cambridge, Massachusetts
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Cerevel Therapeutics Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $12.6M4 Dec 31, 2023 | $7.3M4 Dec 31, 2022 | +73.1% |
| Property and equipment, net | $25.6M4 Dec 31, 2023 | $27.5M4 Dec 31, 2022 | −6.6% |
| Operating-lease assets (leased space) | $20.1M4 Dec 31, 2023 | $21.8M4 Dec 31, 2022 | −7.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $416.5M4 Dec 31, 2023 | $136.5M4 Dec 31, 2022 | +205.1% |
| Marketable securities, current | $574.5M4 Dec 31, 2023 | $755.5M4 Dec 31, 2022 | −24.0% |
| Marketable securities, non-current | $185.2M4 Dec 31, 2023 | $58.1M4 Dec 31, 2022 | +218.6% |
| Debt securities available for sale | $759.7M4 Dec 31, 2023 | $813.6M4 Dec 31, 2022 | −6.6% |
Leadership
Who has led Cerevel Therapeutics Holdings, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerRonald C. Renaud Jr. Jun 14, 2023 to Aug 5, 202411
- Chief executive officerAdam Leo Stone Jun 4, 2020 to Jun 9, 202012
- PresidentRonald C. Renaud Jr. Jun 14, 2023 to Aug 5, 202411
- PresidentAbraham Ceesay May 13, 2021 to Feb 8, 202313
- Chief financial officerSusan Altschuller May 19, 2023 to Aug 5, 202414
- Chief financial officerMichael Seth Altman Jun 4, 2020 to Jun 9, 202015
- Chief financial officerKathy Yi Oct 30, 2020 to Feb 5, 202116
Board members and other officers (26)
- Chief Business OfficerKonstantin Poukalov Jun 4, 2020 to Jun 4, 202017
- Chief Scientific OfficerJohn Renger Oct 30, 2020 to Aug 5, 202418
- OfficerKathleen Tregoning Oct 30, 2020 to Aug 5, 202419
- Chief Human Resources OfficerKenneth Dipietro Oct 30, 2020 to Aug 5, 202420
- OfficerMark Bodenrader Oct 30, 2020 to Aug 5, 202421
- Chief Medical OfficerRamiro Sanchez Oct 30, 2020 to Aug 5, 202422
- Chief Business OfficerOrly Mishan Nov 2, 2020 to Jan 28, 202123
- Board memberRonald C. Renaud Jr. Jun 14, 2023 to Aug 5, 202411
- Board memberSuneet Varma Jun 22, 2022 to Jun 22, 202224
- Board memberDeborah Baron Feb 1, 2021 to Feb 3, 202125
- Board memberDeval L. Patrick Feb 1, 2021 to Aug 5, 202426
- Board memberAdam Leo Stone Jun 4, 2020 to Jun 9, 202012
- Board memberChad M. Robins Jun 4, 2020 to Jun 4, 202027
- Board memberJake Bauer Jun 4, 2020 to Jun 4, 202028
- Board memberJoseph Edelman Jun 4, 2020 to Feb 21, 202429
- Board memberMichael Seth Altman Jun 4, 2020 to Jun 9, 202015
- Board memberTodd Wider Jun 4, 2020 to Jun 4, 202030
- Board memberAdam Koppel Oct 29, 2020 to Aug 5, 202431
- Board memberChristopher R. Gordon Oct 29, 2020 to Aug 5, 202432
- Board memberDouglas E. Giordano Oct 30, 2020 to Aug 5, 202433
- Board memberGabrielle Sulzberger Oct 30, 2020 to Aug 5, 202434
- Board memberNorbert G. Riedel Oct 30, 2020 to Aug 5, 202435
- Board memberMorris Birnbaum Nov 2, 2020 to Nov 2, 202036
- Board memberRuth McKernan Dec 11, 2020 to Aug 5, 202437
- General counselScott Akamine May 28, 2021 to Aug 5, 202438
- General counselBryan K. Phillips Oct 30, 2020 to Oct 30, 202039
Former names
- ARYA Sciences Acquisition Corp IIMar 10, 2020 to Oct 26, 20202
Timeline
- Aug 1, 20248-K Entered a material agreement; Completed an acquisition or sale; Listing notice or transfer40
- Feb 16, 20248-K Shareholder vote; Other events41
- Dec 7, 20238-K Entered a material agreement; Regulation FD disclosure; Other events42
- Nov 1, 20238-K Results of operations43
- Oct 12, 20238-K Entered a material agreement; Other events44
- Oct 11, 20238-K Results of operations; Regulation FD disclosure45
- Aug 2, 20238-K Results of operations46
- Jun 14, 2023New chief executive Ronald C. Renaud Jr. becomes CEO11
- Jun 8, 20238-K Shareholder vote47
- May 10, 20238-K Executive or director change; Regulation FD disclosure48
- May 3, 20238-K Results of operations; Executive or director change49
- Feb 22, 20238-K Results of operations; Executive or director change50
- Jan 9, 20238-K Other events51
- Jun 4, 2020New chief executive Adam Leo Stone becomes CEO12
Calendar
When it reported results
- Nov 1, 2023Reported quarterly or annual results43
- Oct 11, 2023Reported quarterly or annual results45
- Aug 2, 2023Reported quarterly or annual results46
- May 3, 2023Reported quarterly or annual results49
- Feb 22, 2023Reported quarterly or annual results50
- Nov 8, 2022Reported quarterly or annual results52
- Aug 1, 2022Reported quarterly or annual results53
- May 10, 2022Reported quarterly or annual results54
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
272 filings to the SEC since October 2021: 5 annual reports, 8 quarterly reports, 21 major events, 151 insider forms, 15 large holders, 72 other. The latest 20:
- Aug 12, 202415-12G EDGAR
- Aug 5, 2024EFFECT EDGAR
- Aug 5, 2024EFFECT EDGAR
- Aug 5, 2024EFFECT EDGAR
- Aug 5, 2024EFFECT EDGAR
- Aug 5, 2024SC 13D/A EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
- Aug 5, 20244 EDGAR
The 272 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
75 open-market trades by officers, directors and large owners since October 2021: 7 buys and 68 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 1, 2024 | COLES N ANTHONYDirector | Sale | 25,000 | $41.18 | $1.0M | Form 4 |
| Jun 3, 2024 | COLES N ANTHONYDirector | Sale | 50,000 | $40.61 | $2.0M | Form 4 |
| May 10, 2024 | COLES N ANTHONYDirector | Sale | 50,000 | $42.10 | $2.1M | Form 4 |
| Apr 1, 2024 | COLES N ANTHONYDirector | Sale | 50,000 | $42.33 | $2.1M | Form 4 |
| Mar 4, 2024 | COLES N ANTHONYDirector | Sale | 50,000 | $41.01 | $2.1M | Form 4 |
| Feb 29, 2024 | COLES N ANTHONYDirector | Sale | 50,000 | $41.16 | $2.1M | Form 4 |
| Feb 7, 2024 | Renger JohnChief Scientific Officer | Sale | 2,161 | $41.54 | $89.8K | Form 4 |
| Feb 7, 2024 | COLES N ANTHONYDirector | Sale | 2,506 | $41.54 | $104.1K | Form 4 |
| Jan 2, 2024 | COLES N ANTHONYDirector | Sale | 50,000 | $42.24 | $2.1M | Form 4 |
| Dec 26, 2023 | Sanchez RamiroChief Medical Officer | Sale | 10,000 | $42.47 | $424.7K | Form 4 |
| Dec 22, 2023 | DiPietro KennethChief Human Resources Officer | Sale | 8,000 | $41.45 | $331.6K | Form 4 |
| Dec 20, 2023 | Bodenrader MarkSee Remarks | Sale | 7,889 | $41.42 | $326.8K | Form 4 |
| Dec 20, 2023 | DiPietro KennethChief Human Resources Officer | Sale | 6,256 | $41.42 | $259.1K | Form 4 |
| Dec 20, 2023 | Akamine ScottChief Legal Officer | Sale | 7,072 | $41.42 | $292.9K | Form 4 |
| Dec 20, 2023 | Sanchez RamiroChief Medical Officer | Sale | 10,152 | $41.42 | $420.5K | Form 4 |
| Dec 20, 2023 | ALTSCHULLER SusanChief Financial Officer | Sale | 13,808 | $41.42 | $571.9K | Form 4 |
| Dec 20, 2023 | Tregoning KathleenSee Remarks | Sale | 6,288 | $41.42 | $260.4K | Form 4 |
| Dec 15, 2023 | Sanchez RamiroChief Medical Officer | Sale | 7,500 | $41.39 | $310.4K | Form 4 |
| Dec 7, 2023 | Sanchez RamiroChief Medical Officer | Sale | 10,000 | $41.37 | $413.7K | Form 4 |
| Dec 7, 2023 | Akamine ScottChief Legal Officer | Sale | 10,000 | $41.37 | $413.7K | Form 4 |
All 75 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BC Perception Holdings, LPSC 13D/A, 5 filings Mar 3, 2022 to Aug 5, 202455
- PfizerSC 13D/A, 3 filings Apr 7, 2022 to Aug 5, 202456
- FMR LLCSC 13G/A, 4 filings Feb 9, 2022 to May 10, 202457
- PERCEPTIVE ADVISORS LLCSC 13D/A, 3 filings Apr 21, 2023 to Oct 17, 202358
SEC filer profile
How Cerevel Therapeutics Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCerevel Therapeutics Holdings, Inc.1
- CIK0001805387
- Filer statusLarge accelerated filer1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address222 Jacobs Street, Suite 200, Cambridge, MA 021411
- Phone844-304-20481
- Shares outstanding182,194,722 as of Apr 26, 202410
- Public float$2.2B as of Jun 30, 202359
- On EDGAR sinceMar 10, 20201
- Filings448 in all: 4 (188), 8-K (45), 3 (37), 144 (27), 424B3 (15), EFFECT (13), SC 13D/A (13), 10-Q (12)1
All 42 form types
CORRESP (11), SC 13G/A (7), 425 (6), POS AM (6), UPLOAD (6), 424B5 (5), DEFA14A (5), 10-K (4), 25-NSE (3), 5 (3), DEF 14A (3), S-1 (3), S-3 (3), S-8 (3), S-8 POS (3), SC 13D (3), SC 13G (3), 10-K/A (2), 424B4 (2), DRS (2), S-4/A (2), 144/A (1), 15-12G (1), 8-A12B (1), 8-K/A (1), ARS (1), CERT (1), DEFM14A (1), DRS/A (1), PREM14A (1), PRER14A (1), S-1/A (1), S-1MEF (1), S-4 (1)
- Latest filingsAnnual report (10-K) Feb 27, 2024
Quarterly report (10-Q) May 8, 2024
Proxy statement (DEF 14A) Apr 28, 2023
Latest 8-K (8-K) Aug 1, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
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- 12
- 13SEC EDGARAbraham Ceesay, President
- 14
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- 16SEC EDGARKathy Yi, Chief financial officer
- 17
- 18
- 19SEC EDGARKathleen Tregoning, Officer
- 20
- 21SEC EDGARMark Bodenrader, Officer
- 22
- 23SEC EDGAROrly Mishan, Chief Business Officer
- 24SEC EDGARSuneet Varma, Board member
- 25SEC EDGARDeborah Baron, Board member
- 26SEC EDGARDeval L. Patrick, Board member
- 27SEC EDGARChad M. Robins, Board member
- 28SEC EDGARJake Bauer, Board member
- 29SEC EDGARJoseph Edelman, Board member
- 30SEC EDGARTodd Wider, Board member
- 31SEC EDGARAdam Koppel, Board member
- 32SEC EDGARChristopher R. Gordon, Board member
- 33SEC EDGARDouglas E. Giordano, Board member
- 34SEC EDGARGabrielle Sulzberger, Board member
- 35SEC EDGARNorbert G. Riedel, Board member
- 36SEC EDGARMorris Birnbaum, Board member
- 37SEC EDGARRuth McKernan, Board member
- 38SEC EDGARScott Akamine, General counsel
- 39SEC EDGARBryan K. Phillips, General counsel
- 40
- 41SEC EDGARShareholder vote; Other events
- 42
- 43SEC EDGARResults of operations
- 44
- 45
- 46SEC EDGARResults of operations
- 47SEC EDGARShareholder vote
- 48
- 49
- 50
- 51SEC EDGAROther events
- 52
- 53
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