Welcome to our dedicated page for CervoMed news (Ticker: CRVO), a resource for investors and traders seeking the latest updates and insights on CervoMed stock.
CervoMed Inc. (CRVO) is a clinical-stage biotechnology company pioneering treatments for neurodegenerative disorders, including dementia with Lewy bodies (DLB). This page serves as the definitive source for official company announcements, research breakthroughs, and clinical development milestones.
Investors and researchers will find timely updates on CervoMed's lead drug candidate neflamapimod, a p38MAPK inhibitor targeting synaptic dysfunction. The curated news collection includes press releases on clinical trial progress, regulatory filings, scientific presentations, and strategic partnerships.
Key updates cover Phase 2b trial developments, biomarker validation studies, and expert analyses of neurodegenerative disease mechanisms. All content is sourced directly from CervoMed's communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to CervoMed's latest advancements in neurotherapeutics. Regularly updated to reflect new developments, this resource supports informed decision-making for stakeholders tracking innovative neurological treatments.
CervoMed (NASDAQ: CRVO) announced disappointing topline data from its RewinD-LB Phase 2b clinical trial evaluating neflamapimod for treating dementia with Lewy bodies (DLB). The trial failed to meet statistical significance for its primary endpoint (CDR-SB) and key secondary endpoints. Target plasma drug concentrations were not achieved during the trial's double-blind phase, potentially affecting the results.
While the drug showed favorable safety and tolerability with no new safety concerns, CervoMed is pausing preparations for the planned Phase 3 trial until completing a thorough analysis. The company expects the full double-blind phase data in January 2025 and open-label extension data in late Q2 2025.
CervoMed (NASDAQ: CRVO) announced that its oral drug neflamapimod received Orphan Drug Designation from the FDA for treating frontotemporal dementia (FTD). The designation applies to therapies for rare diseases affecting fewer than 200,000 people in the US and provides benefits including tax credits, development assistance, and seven years of marketing exclusivity. The company is preparing for a Phase 3 trial in dementia with Lewy bodies (DLB) in mid-2025 and expects topline data from the RewinD-LB Phase 2b trial in December 2024.
CervoMed (NASDAQ: CRVO) announced two key senior leadership appointments to advance the development of neflamapimod. Dr. Claudia Ordonez joined as Senior Vice President, Medical Science, bringing expertise from previous roles at Vertex and Biogen. Dr. Mark De Rosch was appointed Senior Vice President, Regulatory and Government Affairs and Program Management, contributing over 30 years of experience in regulatory and CMC functions. The company expects topline data from the RewinD-LB study in December 2024 and plans Phase 3 initiation in mid-2025 for dementia with Lewy Bodies treatment. The company also granted stock options to three new employees, including 32,000 shares to Dr. De Rosch at $12.53 per share.
CervoMed Inc. (NASDAQ: CRVO) reported Q3 2024 financial results and corporate updates. The company completed the last patient visit in its RewinD-LB Phase 2b trial for neflamapimod in early-stage dementia with Lewy bodies, with topline data expected in December 2024. Financial highlights include cash position of $46.7 million as of September 30, 2024, grant revenue of $1.9 million, R&D expenses of $5.1 million, and a net loss of $4.8 million. The company expects current funding to support operations through 2025.
CervoMed (NASDAQ: CRVO) has been awarded the Prix Galien USA 2024 prize in the Best Startup category, selected from 43 nominees. The award recognizes the company's progress in developing the first treatment for Dementia with Lewy bodies (DLB), a condition affecting over 1.4 million patients in the U.S. and EU. The company is approaching topline results for their RewinD-LB Phase 2b clinical trial of neflamapimod in December. The Prix Galien USA, established in 2007, is considered America's preeminent prize for scientific advances in life sciences.
CervoMed (NASDAQ: CRVO), a clinical stage company developing treatments for age-related neurologic disorders, has announced its participation in two upcoming investor conferences in November 2024. The company will present at the Sidoti Virtual Micro Cap Conference on November 14 at 2:30 PM ET and the Stifel 2024 Healthcare Conference on November 19 at 3:00 PM ET. Both presentations will be available via webcast and accessible through CervoMed's website investor section.
CervoMed presented key findings at the CTAD Conference regarding neflamapimod's potential in treating dementia with Lewy bodies (DLB). The presentations highlighted significant reduction in plasma GFAP levels (p=0.015 vs placebo) in Phase 2a trials, indicating reduced neurodegenerative disease activity. The ongoing RewinD-LB Phase 2b study successfully enrolled DLB patients without tau pathology, optimizing the potential treatment effect. The study's sample size of 80 patients per arm provides nearly 100% statistical power for meeting its primary endpoint. Topline results are expected in December.
CervoMed (NASDAQ: CRVO) announced it will present detailed safety and efficacy results from its RewinD-LB Phase 2b clinical trial of neflamapimod in dementia with Lewy bodies (DLB) at the International Lewy Body Dementia Conference in January 2025. The company expects to release topline data from the study in December 2024. The presentation will take place during the Therapeutics in DLB session on January 31, 2025.
CEO John Alam expressed confidence in the trial design's ability to detect statistically significant and clinically meaningful differences between neflamapimod and placebo, noting there are currently no approved therapies for DLB.
CervoMed Inc. (NASDAQ: CRVO) has announced the Last Patient Last Visit in its Phase 2b RewinD-LB clinical trial evaluating neflamapimod for early-stage dementia with Lewy bodies (DLB). The company is on track to report topline efficacy and safety data in December 2024. Key highlights include:
- 96% of enrolled patients completed the 16-week double-blind placebo-controlled portion
- 98% of those patients continued into the open label extension
- The Data Safety Monitoring Board concluded the study may proceed without modification
- CervoMed will present late-breaking oral presentations at the upcoming Clinical Trials on Alzheimer's Disease (CTAD) conference
The company believes neflamapimod has the potential to restore function and improve cognitive and motor functions in DLB patients, addressing a significant unmet need in this population.
CervoMed Inc. (NASDAQ: CRVO), a clinical-stage company developing treatments for age-related neurologic disorders, announced its participation in the 3rd Annual ROTH Healthcare Opportunities Conference in New York on October 9, 2024. Dr. John Alam, CEO of CervoMed, will take part in a panel discussion titled 'Opportunities and Challenges When Small Names Go After Blockbuster Indications' at 8:00am ET.
The conference provides CervoMed with a platform to engage with investors through one-on-one meetings, potentially increasing visibility for the company's innovative approach to addressing age-related neurologic disorders. This event offers an opportunity for CervoMed to showcase its progress and strategy in pursuing significant market opportunities within the healthcare sector.
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