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Vela Biotherapeutics is a clinical-stage biotechnology company dedicated to developing transformative medicines for patients with severe mental illness. The company's lead candidate, VELA-001, is a potent and selective small molecule antagonist of the vasopressin 1a (V1a) receptor, currently being evaluated in a Phase 2 clinical trial for Borderline Personality Disorder (BPD). VelaBio utilizes a precision medicine approach to psychiatry, targeting specific neurobiological pathways to address conditions with significant unmet medical needs. Founded by Atlas Venture, the company is led by an experienced team of drug developers and neuroscientists based in Cambridge, Massachusetts.
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