Welcome to our dedicated page for COGNITION THERAPEUTICS news (Ticker: CGTX), a resource for investors and traders seeking the latest updates and insights on COGNITION THERAPEUTICS stock.
Cognition Therapeutics Inc (CGTX) is a clinical-stage biopharmaceutical company pioneering treatments for neurodegenerative disorders through its sigma-2 receptor modulator platform. This page serves as the definitive source for verified news and official announcements related to CGTX's research, clinical trials, and corporate developments.
Investors and industry observers will find timely updates on clinical progress for lead candidate CT1812, financial disclosures, and strategic collaborations with research institutions. The curated content includes press releases on trial milestones, peer-reviewed study publications, and regulatory filings, providing essential insights for informed decision-making.
All materials are organized to help users efficiently track developments in Alzheimer's disease, dementia with Lewy bodies, and retinal disorder research. Bookmark this page to maintain current awareness of CGTX's scientific advancements and corporate initiatives within the competitive neurodegenerative therapeutics landscape.
Cognition Therapeutics, Inc. (NASDAQ: CGTX) reported optimistic advancements in its clinical trials during Q2 2022, including the initiation of patient dosing in the SHIMMER study for dementia with Lewy bodies and the SHINE study for mild-to-moderate Alzheimer's disease. The company presented promising preclinical data for its dry age-related macular degeneration (dry AMD) program. Financially, CGTX recorded a net loss of $5.8 million for Q2 2022, increasing from $2.8 million in Q2 2021. As of June 30, 2022, the company held $45.8 million in cash and expects to maintain funding into Q4 2023.
Cognition Therapeutics, Inc. (NASDAQ: CGTX) presented insightful findings at the Alzheimer’s Association International Conference on August 4, 2022. Results from the SPARC study highlighted the effects of CT1812 on crucial Alzheimer’s biomarkers, particularly showing a decrease in YKL-40, an inflammation marker, in patients, suggesting a potential therapeutic benefit. Additionally, CT1812 impacted clusterin levels, associated with genetic risks for Alzheimer’s. The company remains optimistic as it proceeds with the ongoing Phase 2 SHINE study.
Cognition Therapeutics, Inc. (Nasdaq: CGTX) will release its second-quarter financial results for the period ending June 30, 2022, on August 9, 2022, before market opening. The company focuses on developing small molecule therapeutics for age-related central nervous system and retinal disorders. Its lead candidate, CT1812, is in clinical trials for Alzheimer's disease, dementia with Lewy bodies, and dry age-related macular degeneration. This announcement highlights the company's ongoing commitment to addressing serious health issues related to aging.
Cognition Therapeutics (NASDAQ: CGTX) announces its participation in the 2022 Alzheimer’s Association International Conference (AAIC) from July 31 to August 4. The company will present new proteomic analyses from the SPARC clinical study, showcasing the impact of CT1812 on Alzheimer’s disease biomarkers. CT1812, an oral small molecule targeting sigma-2 receptors, shows potential therapeutic benefits. Cognition is conducting multiple clinical studies, with results from SHINE and SEQUEL expected in early 2023. The company has secured over $168 million in grant funding.
Cognition Therapeutics, Inc. (Nasdaq: CGTX) has initiated its Phase 2 SHIMMER clinical trial for CT1812, targeting dementia with Lewy bodies (DLB). The trial, supported by a $30 million NIA grant, aims to enroll 120 adults aged 50-80 with DLB. CT1812 is an oral therapeutic intended to address DLB's underlying biology, which currently lacks disease-modifying treatments. Primary investigator Dr. James E. Galvin emphasized the trial's importance in exploring a unique mechanism of action against this severe condition.
Cognition Therapeutics (Nasdaq: CGTX) will present at the JMP Securities Life Sciences Conference on June 16, 2022. CEO Lisa Ricciardi will provide an update on the development of small-molecule therapeutics for age-related degenerative diseases. The presentation will focus on their lead candidate, CT1812, which is being studied in clinical programs targeting Alzheimer's disease, dementia with Lewy bodies, and dry age-related macular degeneration. A live and archived webcast will be available online.
Cognition Therapeutics (Nasdaq: CGTX) will host a virtual KOL symposium on June 9, 2022, from 10:00 - 11:30 a.m. ET, focusing on dry age-related macular degeneration (dry AMD). The company plans to initiate a Phase 2 study with its lead candidate, CT1812, in the second half of 2022. Notable speakers include Dr. Mary Hamby and Dr. Karl Csaky, who will discuss recent findings and the current treatment landscape for dry AMD. The event is free to register and will also offer a live Q&A session.
Cognition Therapeutics (Nasdaq: CGTX) announced its participation in the H.C. Wainwright Global Investment Conference from May 23-26, 2022. CEO Lisa Ricciardi and VP of Research Mary Hamby will present on May 25 at 3:30 p.m. EDT. The event will be accessible via a live and archived webcast on both the conference platform and the company's investor website. Registered investors can also schedule one-on-one meetings with management during the conference, aimed at fostering investor relations.
Cognition Therapeutics (NASDAQ: CGTX) announced the commencement of patient dosing in the second cohort of its Phase 2 SHINE study focusing on mild-to-moderate Alzheimer’s disease. The company plans to enroll patients in a dry AMD trial and the START trial in collaboration with the Alzheimer’s Clinical Trials Consortium in the second half of 2022. Financially, the company's Q1 2022 net loss was $3.8 million, or $(0.17) per share, compared to a loss of $0.9 million, or $(1.64) per share, in Q1 2021. As of March 31, 2022, cash reserves stood at $51.5 million.
Cognition Therapeutics, Inc. (NASDAQ: CGTX) announced it will release its financial results for Q1 2022 on May 11, 2022. The company focuses on developing small molecule therapeutics for age-related degenerative diseases, specifically targeting Alzheimer's disease and related conditions with its lead candidate CT1812. Cognition aims to leverage its unique mechanism to regulate impaired pathways in these diseases. The announcement corrects the report date previously stated as May 10, 2022.
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