Asset Manager

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SciSparc

SciSparc, led by Oz Adler, repurposes cannabinoid therapies for Tourette Syndrome and Alzheimer's.

SciSparc

SciSparc was founded in 2016 and is headquartered in Tel Aviv, Israel, under the leadership of CEO and CFO Oz Adler. The company operates as a specialty clinical-stage pharmaceutical firm focused on cannabinoid-based therapies. Its core intellectual property centers on a proprietary platform that combines cannabidiol (CBD) with low doses of palmitoylethanolamide (PEA), aiming to enhance the therapeutic effect of cannabinoids while minimizing side effects. The firm's pipeline targets central nervous system disorders, including Tourette Syndrome, for which its lead candidate SCI-110 has completed a Phase IIb clinical trial. It also pursues indications in Alzheimer’s disease and agitation, autism spectrum disorder, and status epilepticus, with SCI-210 for autism receiving FDA orphan drug designation. SciSparc advances its programs via direct development and through mergers and acquisitions, such as its merger with autoimmunity-focused Polyrizon Ltd. and the acquisition of an insomnia drug candidate from a German biotech. SciSparc is publicly traded on the Nasdaq Capital Market under the ticker SPRC, a notable listing that provides a window into its capital structure even as its dedicated workforce size remains unpublicized. The firm has not disclosed assets under management or a deployment figure, consistent with its operating-company status rather than that of a fund manager. The company's structural differentiator is its dual-track model — it develops CNS drugs directly while simultaneously acting as a consolidator of distressed or undervalued pharmaceutical assets. This approach allows it to build pipeline breadth without bearing the full cost of early-stage discovery for every candidate.

General information

Firm type

Asset Manager

Year founded

2016

AUM

Undisclosed

Location

Region

Middle East

Country

Israel

City

Tel Aviv

Corporate office

Tel Aviv, Israel

Principals

Oz Adler

Chief Executive Officer and Chief Financial Officer

Sector focus

Digital HealthBiotech

Frequently asked questions

What is SciSparc's lead drug candidate and its status?

The lead candidate is SCI-110, a combination of dronabinol and palmitoylethanolamide (PEA) delivered orally. It completed a Phase IIb study in adults with Tourette Syndrome, demonstrating a significant reduction in tic severity. The firm is preparing for a Phase III program based on these results.

How is SciSparc structured — as a fund or an operating company?

SciSparc is an operating company, not a fund. It is a clinical-stage pharmaceutical firm listed on the Nasdaq Capital Market. It generates pipeline growth through internal development and by executing mergers and acquisitions with other biotech or pharmaceutical entities.

What is the core technology platform?

The platform is based on enhancing the effect of cannabinoids through a proprietary combination with palmitoylethanolamide (PEA). The firm holds patents for this combination, including technology acquired for its SCI-160 program targeting pain. This approach is designed to achieve therapeutic efficacy with lower cannabinoid doses.

What is SciSparc's acquisition and M&A strategy?

SciSparc actively uses mergers and acquisitions to expand its pipeline beyond its core CNS focus. It merged with Polyrizon, adding an intranasal autoimmune therapy. It also acquired a German biotech's insomnia drug and announced plans to merge with AutoMax Motors in a publicly questioned pivot toward non-pharma assets.

Where does SciSparc's underlying funding come from?

As a publicly traded entity, SciSparc funds operations through equity offerings, warrant exercises, and public market transactions on the Nasdaq. It does not operate with a closed pool of family capital or private fund commitments. Its financial structure is disclosed in SEC filings.

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