We tested the hypothesis that modification of rapamycin at the mTOR binding region could provide non-immunosuppressive compounds with potent neuroprotective activity and significant efficacy in an animal model of ischemic stroke. Employing cell-based screening of our existing rapamycin analog (rapalog) equity, we identified Diels-Alder adduct formation at the C19,C22 diene as a potential synthetic strategy. The subsequent preparation of biologically active, non-immunosuppressive rapalogs yielded ILS-920, a compound that advanced into human trials for stroke. Preliminary investigations of the chemical biology of the compound suggest that the in vivo efficacy of ILS-920 derives from the compound’s dual functions as a potential activator of glucocorticoid and other steroid receptors via dissociation of FK506 binding protein 52 (FKBP52) from the receptor complexes, and as an inhibitor of L-type voltage gated Ca2+ channels via binding to the β1 subunit.