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COGNITION THERAPEUTICS INC - CGTX STOCK NEWS

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About Cognition Therapeutics Inc.

Cognition Therapeutics Inc. (NASDAQ: CGTX) is a clinical-stage biopharmaceutical company dedicated to the discovery and development of innovative small-molecule therapeutics targeting age-related degenerative disorders of the central nervous system (CNS) and retina. Founded in 2007 and headquartered in Pittsburgh, Pennsylvania, the company leverages proprietary biology and chemistry platforms to address unmet medical needs in neurodegenerative diseases.

Core Focus and Pipeline

The company’s lead candidate, zervimesine (formerly CT1812), is an orally administered small molecule designed to penetrate the blood-brain barrier and selectively bind to the sigma-2 (σ-2) receptor complex. This novel mechanism aims to displace toxic oligomers of amyloid beta (Aβ) and α-synuclein, which are implicated in the progression of Alzheimer’s disease (AD) and dementia with Lewy bodies (DLB). By protecting synapses and restoring cellular function, zervimesine offers a potentially disease-modifying approach distinct from symptomatic treatments.

Cognition Therapeutics is advancing zervimesine through multiple clinical programs:

  • Alzheimer’s Disease: The Phase 2 SHINE study demonstrated a 95% reduction in cognitive decline in a biomarker-defined subgroup.
  • Dementia with Lewy Bodies (DLB): The SHIMMER Phase 2 trial showed significant improvements across behavioral, cognitive, and motor symptoms, with a favorable safety profile.
  • Dry Age-Related Macular Degeneration (dry AMD): The MAGNIFY study explores zervimesine’s potential in slowing lesion growth and addressing retinal degeneration.

Innovative Mechanism of Action

The sigma-2 receptor complex, targeted by zervimesine, regulates key cellular processes such as membrane trafficking and autophagy. These processes are disrupted in neurodegenerative conditions due to toxic protein interactions and oxidative stress. By modulating this receptor, zervimesine aims to normalize synaptic function, protect neurons, and slow disease progression. This mechanism is functionally distinct from other approaches, such as anti-amyloid immunotherapies, positioning Cognition Therapeutics as a pioneer in sigma-2 receptor modulation.

Clinical and Industry Impact

With a strong focus on CNS disorders, Cognition Therapeutics addresses significant unmet needs in Alzheimer’s disease and DLB, which collectively affect millions worldwide. The company’s approach aligns with the growing demand for disease-modifying therapies that go beyond symptomatic relief. Its clinical programs are supported by substantial grant funding from the National Institute on Aging (NIA) and partnerships with leading research institutions.

Challenges and Opportunities

As a clinical-stage company, Cognition Therapeutics faces challenges typical of the biopharmaceutical industry, including high R&D costs, regulatory complexities, and competition from established players. However, its differentiated sigma-2 receptor approach and promising early-phase results provide a strong foundation for future growth. The company’s ability to secure additional funding and advance its pipeline into late-stage trials will be critical to its success.

Conclusion

Cognition Therapeutics Inc. represents a compelling player in the biopharmaceutical sector, leveraging innovative science to address the urgent need for disease-modifying therapies in neurodegenerative disorders. With its lead candidate zervimesine showing promising clinical results, the company is well-positioned to make a meaningful impact on the lives of patients and caregivers affected by Alzheimer’s disease, DLB, and other age-related conditions.

Rhea-AI Summary

Cognition Therapeutics (Nasdaq: CGTX), a clinical-stage biopharmaceutical company, has announced it will release its Q2 2024 financial results on August 8, 2024, before market open. The company will host a conference call and live audio webcast at 8:30 a.m. ET on the same day to discuss the results and provide a business update.

Cognition Therapeutics focuses on developing treatments for neurodegenerative disorders. Their lead candidate, CT1812, is being investigated for Alzheimer's disease, dementia with Lewy bodies (DLB), and dry age-related macular degeneration (dry AMD). The company believes CT1812 and its pipeline of σ-2 receptor modulators can regulate impaired pathways in these diseases, offering a potentially distinct approach from other treatments in development.

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Cognition Therapeutics (NASDAQ: CGTX) reported positive results from its Phase 2 SHINE trial for CT1812, an oral treatment for mild-to-moderate Alzheimer's disease. The study showed:consistent cognitive improvement compared to placebo across all measures, with a ~40% mean improvement in cognitive outcomes. CT1812 demonstrated a favorable safety profile with mostly mild or moderate adverse events. Significant changes were observed in neurofilament light chain, a marker of neurodegeneration. The 100mg dose showed particularly promising results, informing future dose selection. These findings suggest that CT1812's amyloid oligomer antagonism mechanism may have potential as a monotherapy or in combination with approved drugs for Alzheimer's and related dementias.

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Cognition Therapeutics (NASDAQ: CGTX) will host an investor webcast on July 29, 2024, to discuss results from the Phase 2 SHINE study of CT1812 in mild-to-moderate Alzheimer's disease. The study enrolled 153 adults, randomized to receive 100mg or 300mg of CT1812 or placebo daily for six months. Clinical findings, safety, cognitive and functional endpoints will be presented at the Alzheimer's Association's International Conference in Philadelphia. Additional presentations will cover biomarker and proteomic analyses from CSF samples, and results of a meta-analysis from the SPARC study and SHINE-A participants. The webcast will feature company management, study investigator Dr. Everard Vijverberg, and Alzheimer's expert Dr. Martin J. Sadowski.

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Cognition Therapeutics (NASDAQ: CGTX) announced that their Phase 2 SHINE study results for CT1812, a drug targeting mild-to-moderate Alzheimer’s disease, will be presented at the Alzheimer’s Association's International Conference (AAIC) in Philadelphia from July 28 to August 1, 2024.

The study's abstracts cover clinical efficacy, safety, and biomarker findings. Key abstracts include:

- Clinical efficacy results from the Phase 2 SHINE study (Abstract #89115).

- CSF phosphoproteomics biomarker analysis (Abstract #95147).

- Topline CSF biomarker outcomes (Abstract #95767).

- Exploratory CSF proteomics biomarker outcomes (Abstract #95770).

Cognition will also provide additional information about their Alzheimer’s disease program and CT1812 at booth #731 in the Exhibit Hall.

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Cognition Therapeutics (NASDAQ: CGTX) released the eighth episode of its Conversations video podcast titled “Protecting the Synapse from Amyloid Toxicity in Alzheimer's Disease.” This episode explores how beta amyloid (Aβ) oligomers lead to synaptic dysfunction and cognitive decline. The podcast discusses recent research showing Aβ oligomers binding to synapses in Alzheimer's patients and how CT1812 can reverse this binding and reduce toxicity. Highlights include the use of quantitative EEG as a biomarker in the Phase 2 ‘SEQUEL’ study, which showed improvements in synaptic function and brain connectivity after four weeks of CT1812 treatment. Dr. Hamby presented proteomic analysis results demonstrating CT1812's positive effects on proteins and pathways linked to Alzheimer's. The discussion was moderated by Dr. Anthony Caggiano, featuring Dr. Mary Hamby, Dr. Everard Vijverberg, and Dr. Tara Spires-Jones.

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Cognition Therapeutics, Inc. (Nasdaq: CGTX) reported financial results for Q1 2024 and provided business updates. They completed enrollment of 130 participants in the SHIMMER study for Alzheimer's and DLB, with topline results expected mid-2024. The company also raised $11.9 million in a public offering and presented research findings at conferences.

Financially, the company has $34.7 million in cash and $62.3 million in grant funds. Research and development expenses increased to $10.6 million, leading to a net loss of $9.2 million for the quarter.

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Cognition Therapeutics, Inc. completed enrollment in the Phase 2 SHIMMER study of CT1812 for mild-to-moderate dementia with Lewy bodies. Top-line results are expected in the second half of 2024. The study aims to develop a disease-modifying therapy for DLB by targeting Aβ and α-synuclein oligomers.

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Cognition Therapeutics hosted a virtual KOL event featuring expert clinicians and researchers discussing the need for new Alzheimer's disease treatments. They highlighted the importance of removing toxic oligomers, the limitations of current therapies, and the potential of CT1812 in restoring cognitive function. CT1812 is in Phase 2 trials with promising preliminary results.
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Cognition Therapeutics, Inc. (CGTX) will present at the 23rd Annual Needham Virtual Healthcare Conference to discuss recent corporate achievements and upcoming clinical milestones.
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Cognition Therapeutics, Inc. (CGTX) to host a virtual KOL event to discuss CT1812, a potential drug for Alzheimer's disease treatment. Experts to provide insights on the current treatment landscape and ongoing clinical trials.
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FAQ

What is the current stock price of COGNITION THERAPEUTICS (CGTX)?

The current stock price of COGNITION THERAPEUTICS (CGTX) is $0.4304 as of March 3, 2025.

What is the market cap of COGNITION THERAPEUTICS (CGTX)?

The market cap of COGNITION THERAPEUTICS (CGTX) is approximately 18.7M.

What is Cognition Therapeutics Inc.'s primary focus?

Cognition Therapeutics focuses on developing small-molecule therapeutics for age-related degenerative disorders of the central nervous system and retina, including Alzheimer’s disease and dementia with Lewy bodies.

What is zervimesine (CT1812)?

Zervimesine is Cognition Therapeutics' lead candidate, an orally administered small molecule targeting the sigma-2 receptor complex to protect synapses and slow disease progression in Alzheimer’s disease and dementia with Lewy bodies.

What is the sigma-2 receptor mechanism?

The sigma-2 receptor regulates cellular processes like membrane trafficking and autophagy. Zervimesine modulates this receptor to displace toxic oligomers, protect neurons, and restore synaptic function.

What clinical trials is Cognition Therapeutics conducting?

The company is conducting trials for Alzheimer’s disease (SHINE), dementia with Lewy bodies (SHIMMER), and dry AMD (MAGNIFY), with zervimesine showing promising results in early-phase studies.

How does Cognition Therapeutics differentiate itself from competitors?

Cognition Therapeutics focuses on sigma-2 receptor modulation, a novel mechanism distinct from other approaches like anti-amyloid immunotherapies, offering a potentially disease-modifying pathway.

What challenges does Cognition Therapeutics face?

As a clinical-stage company, Cognition faces challenges such as high R&D costs, regulatory hurdles, and competition from larger pharmaceutical companies.

What funding supports Cognition Therapeutics’ research?

Cognition Therapeutics receives substantial grant funding from the National Institute on Aging (NIA) and collaborates with leading research institutions.

What is the significance of the SHIMMER trial results?

The SHIMMER trial demonstrated significant improvements in behavioral, cognitive, and motor symptoms in dementia with Lewy bodies, with a favorable safety profile for zervimesine.

What are the future plans for zervimesine?

Cognition Therapeutics plans to advance zervimesine into late-stage clinical trials for Alzheimer’s disease and dementia with Lewy bodies, pending regulatory discussions.

Why is Cognition Therapeutics focusing on neurodegenerative disorders?

Neurodegenerative disorders like Alzheimer’s and DLB represent significant unmet medical needs, and Cognition aims to address these with innovative, disease-modifying therapies.
COGNITION THERAPEUTICS INC

Nasdaq:CGTX

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18.73M
40.14M
0.54%
24.53%
2.03%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
PITTSBURGH