New York biotechnology company developing small molecule medicines for epilepsies and other brain disorders associated with neuronal hyperexcitability. Co-founded in April 2014 by neuroscientist Matthew During and physician Jeremy Levin, it listed on Nasdaq in 2017 under OVID. Its current pipeline includes OV329, a next-generation GABA-aminotransferase inhibitor, in Phase 2 studies, and OV4071, an oral KCC2 activator, in Phase 1, as reported in August 2026. Meg Alexander became CEO in January 2026, with Levin continuing as executive chairman. Ovid holds equity investments in Graviton Bioscience and Gensaic and received equity in a Perceptive-backed soticlestat company in exchange for rights. Its partnered OV888/GV101 program was paused in late 2024. No company AI discovery platform has been verified.