COGNITION THERAPEUTICS INC Stock Price, News & Analysis

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.

Cognition Therapeutics (NASDAQ: CGTX) announced it will report its financial results for Q1 2022 on May 11, 2022. The company focuses on therapies for age-related degenerative diseases in the central nervous system and retina, with its lead candidate CT1812 under investigation for conditions like Alzheimer’s and dry age-related macular degeneration. Cognition aims to innovate treatments by targeting σ-2 receptors, offering a distinct mechanism compared to current therapies.

Cognition Therapeutics (NASDAQ: CGTX) showcased a poster at the ARVO meeting, highlighting that sigma-2 receptor modulators can restore the normal functioning of retinal pigment epithelial (RPE) cells impaired by dry age-related macular degeneration (AMD).

CT1812, Cognition's lead candidate, demonstrated the ability to rescue vital functions of RPE cells in in vitro models. The company plans to initiate a Phase 2 clinical trial with CT1812 in patients with dry AMD in late 2022. Dry AMD affects around 190 million individuals globally, making it a significant health concern.

Cognition Therapeutics (NASDAQ: CGTX) announced its participation in the ARVO 2022 conference, showcasing preclinical results on sigma-2 receptor modulators that protect retinal pigmented epithelium (RPE) cells. Their lead candidate, CT1812, aims to address dry age-related macular degeneration (AMD) and a Phase 2 clinical study is planned. Dry AMD affects approximately 190 million globally, causing significant vision loss. The poster presentation is scheduled for May 3, 2022, highlighting how these modulators can normalize disrupted homeostatic processes in RPE cells.