Herantis Pharma Oyj Herantis Pharma Oyj is a clinical-stage biotechnology company that develops disease-modifying therapies for Parkinson's disease and other neurodegenerative disorders; its lead product candidate, HER-096, is an advanced small synthetic chemical peptidomimetic molecule based on the active site of the cerebral dopamine neurotrophic factor (CDNF) protein, designed for subcutaneous administration to provide neuroprotection by stopping or reversing disease progression. The company focuses on innovative treatments addressing unmet clinical needs in neurology, with HER-096 currently advancing through clinical development following positive topline results from a Phase 1b trial in Parkinson's patients that met all primary and secondary endpoints for safety, tolerability, and pharmacokinetics. Founded in 2008 and headquartered in Espoo, Finland, Herantis Pharma Oyj operates primarily in Europe with global ambitions for its pipeline and employs approximately 11-13 staff. Recent developments include the successful completion of a six-month GLP toxicology study for HER-096 in November 2025, plans to initiate a Phase 2 efficacy trial in early-stage Parkinson's patients during 2026, and ongoing funding secured through EUR 3.6 million in research grants from The Michael J. Fox Foundation and Parkinson's Virtual Biotech for the Phase 1b trial and biomarkers, supplemented by EUR 2.5 million from the European Innovation Council Accelerator's ReTreatPD project and eligibility for up to EUR 15 million equity from the EIC Fund; the company also raised EUR 5.2 million via a directed share issue in February 2025 to support operations through Q2 2026 while pursuing pharmaceutical partnerships.