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Cognition Therapeutics Advancing Zervimesine (CT1812) for Dementia with Lewy Bodies (DLB) Psychosis

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Cognition Therapeutics (NASDAQ: CGTX) plans to advance zervimesine (CT1812) toward a registrational program for Dementia with Lewy Bodies (DLB) psychosis after receiving final FDA Type C meeting minutes following a Jan 21, 2026 meeting.

The company cites positive Phase 2 SHIMMER neuropsychiatric and motor-safety signals and expects a randomized 100mg daily vs. placebo study with an open-label extension, and a midyear 2026 FDA Division of Psychiatry meeting.

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Positive

  • Pursuing registrational path for DLB psychosis after FDA Type C minutes
  • Phase 2 SHIMMER showed favorable neuropsychiatric signals without motor impairment
  • Planned randomized study: 100mg daily vs. placebo with open-label extension
  • Regulatory engagement expected: FDA Division of Psychiatry meeting by midyear 2026

Negative

  • No approved treatments currently exist for DLB psychosis
  • Approval not guaranteed; further pivotal trials and FDA alignment required
  • Clinical risk: efficacy must be confirmed in larger registrational studies

Key Figures

DLB psychosis prevalence: 75% of patients DLB psychosis impact: 75% of DLB patients Zervimesine dose: 100 mg oral daily +2 more
5 metrics
DLB psychosis prevalence 75% of patients Share of dementia with Lewy bodies patients impacted by psychosis
DLB psychosis impact 75% of DLB patients Article states up to 75% of DLB patients experience psychosis
Zervimesine dose 100 mg oral daily Dose for randomized DLB psychosis study vs placebo
Type C meeting date January 21, 2026 FDA Type C meeting minutes guiding DLB psychosis registrational path
Planned FDA meeting timing Midyear 2026 Expected FDA Division of Psychiatry meeting on DLB psychosis program

Market Reality Check

Price: $1.09 Vol: Volume 562,434 is below t...
normal vol
$1.09 Last Close
Volume Volume 562,434 is below the 807,034 20-day average (relative volume 0.7x), suggesting no outsized trading response. normal
Technical Shares at $1.09 trade below the $1.25 200-day MA, sitting 71.54% under the 52-week high and 390.33% above the 52-week low.

Peers on Argus

CGTX fell 6.03% while peers TRDA (-7.73%), TNYA (-7.75%), PRQR (-1.85%) and VYGR...

CGTX fell 6.03% while peers TRDA (-7.73%), TNYA (-7.75%), PRQR (-1.85%) and VYGR (-1.91%) also declined, with TLSA flat. The downside move aligns with broader biotech weakness rather than a clearly isolated reaction.

Historical Context

5 past events · Latest: Feb 05 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 05 DLB EAP extension Positive -2.9% Extended DLB expanded access program to gather more long-term safety data.
Jan 27 FDA Type C recap Positive -4.3% Reported productive FDA Type C meeting on endpoints for next DLB study.
Jan 06 Phase 2 SHIMMER data Positive +0.7% Published Phase 2 DLB results showing safety and favorable clinical effects.
Dec 03 EAP full enrollment Positive +11.8% Reached full enrollment in DLB expanded access with 100 mg daily dosing.
Dec 01 AD Phase 3 plan Positive -7.5% Outlined Phase 3 plan for Alzheimer’s with strong Phase 2 subgroup data cited.
Pattern Detected

Recent CGTX news on zervimesine has generally been positive, but price reactions have often been negative, showing several divergences between upbeat clinical/regulatory updates and short-term stock performance.

Recent Company History

Over the past few months, Cognition has steadily advanced zervimesine in dementia with Lewy bodies. Phase 2 SHIMMER data for DLB were published on Jan 6, 2026 with a modest 0.71% gain, while FDA Type C meeting updates on Jan 27, 2026 and the expanded access extension on Feb 5, 2026 saw declines of 4.35% and 2.94%. Earlier, full enrollment in the DLB expanded access program on Dec 3, 2025 produced an 11.8% rise. Today’s news fits the ongoing DLB-focused development narrative but continues a mixed pattern of market reactions.

Regulatory & Risk Context

Active S-3 Shelf · $300,000,000
Shelf Active
Active S-3 Shelf Registration 2025-12-18
$300,000,000 registered capacity

An effective S-3 shelf filed on Dec 18, 2025 allows Cognition to offer up to $300,000,000 in various securities, including up to $75,000,000 of common stock via an at-the-market program with Jefferies, providing substantial capacity to raise capital for development and corporate purposes.

Market Pulse Summary

This announcement outlines Cognition’s plan to pursue a registrational path for zervimesine in demen...
Analysis

This announcement outlines Cognition’s plan to pursue a registrational path for zervimesine in dementia with Lewy bodies psychosis, supported by Phase 2 SHIMMER data and recent FDA Type C meeting feedback. The next study will evaluate neuropsychiatric symptoms at a 100 mg daily dose with a potential open-label extension. Investors may track upcoming FDA Division of Psychiatry discussions by midyear 2026 and the design of future trials as key milestones.

Key Terms

dementia with lewy bodies, benzodiazepines, open-label extension, placebo
4 terms
dementia with lewy bodies medical
"zervimesine for the treatment of dementia with Lewy bodies (DLB) psychosis"
Dementia with Lewy bodies is a brain disorder characterized by progressive memory loss, confusion, and movement difficulties, similar to symptoms seen in Parkinson’s disease. It occurs when abnormal protein deposits, called Lewy bodies, develop in brain cells, disrupting their function. This condition matters to investors because it can impact healthcare needs, medication development, and the financial stability of related industries.
benzodiazepines medical
"Traditional antipsychotics and benzodiazepines can worsen motor function in DLB"
A class of prescription drugs that calm the brain and nervous system, commonly used to treat anxiety, insomnia, and seizures; they act like a dimmer switch that reduces overactive mental or physical responses. Investors care because benzodiazepines shape demand for certain drug makers, influence regulatory and safety scrutiny, affect prescription trends and patent lifecycles, and can drive liability, pricing and market-share shifts in the pharmaceutical and healthcare sectors.
open-label extension clinical
"after which participants would be eligible to enroll in an open-label extension study"
An open-label extension is a continuation of a clinical trial where all participants and researchers know which treatment is being given, often after an initial blinded phase. It allows further study of a drug's long-term safety and effectiveness. For investors, it can indicate ongoing interest and confidence in a product's potential, influencing perceptions of its future value.
placebo clinical
"Participants will be randomized to either 100mg of oral zervimesine or placebo daily"
A placebo is an inactive pill, injection or procedure that looks and feels like the real treatment but contains no therapeutic ingredient, often called a sugar pill. Investors care because comparing a drug to a placebo reveals whether observed benefits come from the medicine itself or from expectation; clear superiority over placebo reduces regulatory and commercial risk, much like a blind taste test proves a new recipe really tastes better.

AI-generated analysis. Not financial advice.

We believe regulatory strategy expedites development of potential first treatment to address DLB psychosis

PURCHASE, N.Y., March 02, 2026 (GLOBE NEWSWIRE) -- Cognition Therapeutics, Inc., (the Company or Cognition) (NASDAQ: CGTX), a clinical-stage company developing drugs that treat neurodegenerative disorders, announced plans to advance development of zervimesine for the treatment of dementia with Lewy bodies (DLB) psychosis, which impacts as many as 75% of patients. This follows receipt of final minutes from the U.S. Food and Drug Administration (FDA) pertaining to the Type C meeting that was conducted on January 21, 2026.

“Based on the Agency’s meeting minutes and the strength of our Phase 2 ‘SHIMMER’ data in the psychiatric and behavioral domain, we believe the best strategy is to pursue a registrational path for the treatment of DLB psychosis,” explained Anthony O. Caggiano, MD, PhD, Cognition’s CMO. “Symptoms of DLB psychosis are reported to be extremely debilitating and often lead to institutionalization. Since DLB patients are unable to tolerate many antipsychotic medications, there is a need for treatments developed for this specific population. We believe that zervimesine has the potential to make a meaningful difference in the lives of DLB patients and their families.”

As planned, the next study for DLB will focus on the measurement of neuropsychiatric symptoms such as hallucinations and delusions, and behavioral symptoms such as anxiety, aggression, and agitation. We expect symptoms will be measured using established validated endpoints. Participants will be randomized to either 100mg of oral zervimesine or placebo daily for the study period, after which participants would be eligible to enroll in an open-label extension study. Cognition expects to meet with the FDA Division of Psychiatry to discuss a DLB psychosis program by midyear 2026.

“There are no approved medications for DLB psychosis, which effects a majority of patients with the disease,” concluded Lisa Ricciardi, Cognition’s president and CEO. “Traditional antipsychotics and benzodiazepines can worsen motor function in DLB patients. We showed in Phase 2 that zervimesine’s impact on neuropsychiatric symptoms did not impair participants’ motor skills. In fact, zervimesine had a directionally favorable impact on cognitive fluctuations, memory, movement, and activities of daily living. Subject to alignment with the FDA, we believe this regulatory program will allow us to expedite zervimesine’s path to market, where it can meet a critical need for DLB patients.”

DLB Psychosis
Patients with dementia commonly experience behavioral and psychological symptoms such as hallucinations, aggression, agitation, and depression. As many as 75% of patients with DLB will experience psychosis, which presents a considerable burden to patients and caregivers. In addition to impeding daily activities, neuropsychiatric symptoms lead to higher healthcare costs and earlier institutionalization. While antipsychotics are available for other conditions, none are approved for use in DLB patients. In fact, many traditional antipsychotics, such as haloperidol, are contraindicated in patients with DLB, who may exhibit severe parkinsonism, sedation, and immobility in response to these medications.

About the Phase 2 SHIMMER Study
The SHIMMER study (NCT05225415) is an exploratory double-blind, placebo-controlled Phase 2 clinical trial that enrolled 130 adults with mild-to-moderate DLB, who were randomized to either daily oral doses of zervimesine (100 mg or 300 mg) or placebo for six months. Findings show that zervimesine had a positive impact across symptom domains. The candidate’s impact on neuropsychiatric symptoms was particularly robust, resulting in an 86% slowing of decline on 12-item neuropsychiatric inventory (NPI-12) vs placebo. The SHIMMER study was supported by a grant award from the National Institute on Aging of the National Institutes of Health (NIH) totaling approximately $30 million (R01AG071643) and was conducted in collaboration with James E. Galvin, MD, MPH, director of the Comprehensive Center for Brain Health at the University of Miami Miller School of Medicine and the Lewy Body Dementia Association (LBDA).

About Zervimesine (CT1812)
Zervimesine (CT1812) is an investigational, oral, once-daily pill in development for the treatment of CNS diseases such as Alzheimer’s disease and dementia with Lewy bodies (DLB). While these diseases have different symptoms, both are associated with the buildup of certain proteins in the brain – Aβ and ɑ-synuclein. As these proteins bind to neurons, they can damage and ultimately destroy the neurons. This results in a progressive loss in a person’s ability to learn, recall memories, move efficiently, or communicate. These diseases progress relentlessly and ultimately result in death. Zervimesine has been shown to interrupt the toxic effects of Aβ and ɑ-synuclein, which may slow progression of disease and improve the lives of those suffering from Alzheimer’s and DLB. Zervimesine has been generally well tolerated in clinical studies to date.

About Cognition Therapeutics, Inc.  
Cognition Therapeutics, Inc., is a clinical-stage biopharmaceutical company discovering and developing innovative, small molecule therapeutics targeting age-related degenerative disorders of the central nervous system. We recently completed Phase 2 studies of our lead candidate, zervimesine (CT1812) in dementia with Lewy bodies (DLB), mild-to-moderate Alzheimer’s disease and geographic atrophy secondary to dry AMD. The Phase 2 START study (NCT05531656) in early Alzheimer’s disease is ongoing with $81 million in grant support from the National Institute of Aging (NIA) at the National Institutes of Health. We believe zervimesine can regulate pathways that are impaired in these diseases through its interaction with the sigma-2 receptor, a mechanism that is functionally distinct from other approaches for the treatment of degenerative diseases. More about Cognition Therapeutics and our pipeline can be found at https://cogrx.com.

Forward-Looking Statements 
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. All statements contained in this press release or made during the conference, other than statements of historical facts or statements that relate to present facts or current conditions, including but not limited to, statements regarding our product candidates, including zervimesine (CT1812), and any expected or implied benefits or results, including that initial clinical results observed with respect to zervimesine will be replicated in later trials and our clinical development plans, including statements regarding our clinical studies of zervimesine, any analyses of the results therefrom, as well as statements regarding our regulatory plans, including our designs and plans for our DLB program, are forward-looking statements. These statements, including statements relating to the timing and expected results of our clinical trials involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “might,” “will,” “should,” “expect,” “plan,” “aim,” “seek,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “forecast,” “potential” or “continue” or the negative of these terms or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions, some of which cannot be predicted or quantified and some of which are beyond our control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the FDA may disagree with our planned clinical study plan and determine that additional studies and/or data are required; competition; our ability to secure new (and retain existing) grant funding; our ability to grow and manage growth, maintain relationships with suppliers and retain our management and key employees; our ability to successfully advance our current and future product candidates through development activities, preclinical studies and clinical trials and costs related thereto; uncertainties inherent in the results of preliminary data, pre-clinical studies and earlier-stage clinical trials being predictive of the results of early or later-stage clinical trials; the timing, scope and likelihood of regulatory filings and approvals, including regulatory approval of our product candidates; changes in applicable laws or regulations; the possibility that we may be adversely affected by other economic, business or competitive factors, including ongoing economic uncertainty; our estimates of expenses and profitability; the evolution of the markets in which we compete; our ability to implement our strategic initiatives and continue to innovate our existing products; our ability to defend our intellectual property; the impacts of ongoing global and regional conflicts on our business, supply chain and labor force; our ability to maintain the listing of our common stock on the Nasdaq Capital Market; and the risks and uncertainties described more fully in the “Risk Factors” section of our annual and quarterly reports filed with the Securities & Exchange Commission and are available at www.sec.gov. These risks are not exhaustive and we face both known and unknown risks. You should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur, and actual results could differ materially from those projected in the forward-looking statements. Moreover, we operate in a dynamic industry and economy. New risk factors and uncertainties may emerge from time to time, and it is not possible for management to predict all risk factors and uncertainties that we may face. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.

Contact Information:   
Cognition Therapeutics, Inc.    
info@cogrx.com  
Mike Moyer (investors) 
LifeSci Advisors 
mmoyer@lifesciadvisors.com  


This press release was published by a CLEAR® Verified individual.


FAQ

What did Cognition announce on March 2, 2026 about CT1812 (CGTX)?

They announced plans to advance zervimesine (CT1812) toward a registrational DLB psychosis program. According to the company, final FDA Type C meeting minutes and Phase 2 SHIMMER results support a randomized 100mg daily study with an open-label extension.

What is the planned clinical design for the DLB psychosis study for CGTX?

The planned study randomizes participants to 100mg oral zervimesine or placebo daily. According to the company, neuropsychiatric and behavioral endpoints will use validated scales and include an open-label extension after the double-blind period.

When will Cognition meet the FDA to discuss the DLB psychosis program for CGTX?

Cognition expects to meet with the FDA Division of Psychiatry by midyear 2026. According to the company, this meeting will discuss the proposed registrational path and endpoint alignment for DLB psychosis.

What evidence supports zervimesine for DLB psychosis for CGTX investors?

Phase 2 SHIMMER showed directional benefits on neuropsychiatric symptoms without impairing motor skills. According to the company, these signals underpin the decision to pursue a registrational program for DLB psychosis.

How common is psychosis in DLB patients mentioned in the CGTX announcement?

The company cites that as many as 75% of DLB patients experience psychosis. According to the company, these symptoms drive higher costs and earlier institutionalization, highlighting an unmet treatment need.

Does the March 2, 2026 announcement indicate zervimesine is approved for DLB psychosis?

No—zervimesine is not approved and requires further trials and regulatory alignment. According to the company, a registrational study and FDA discussions are planned to potentially expedite development.
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