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Cingulate - CINGW STOCK NEWS

Welcome to our dedicated page for Cingulate news (Ticker: CINGW), a resource for investors and traders seeking the latest updates and insights on Cingulate stock.

About Cingulate Inc.

Cingulate Inc. (NASDAQ: CING) is a clinical-stage biopharmaceutical company headquartered in Kansas City, Kansas, dedicated to revolutionizing the pharmaceutical landscape with its proprietary Precision Timed Release™ (PTR™) drug delivery platform. With a mission to address unmet medical needs, Cingulate focuses on developing next-generation pharmaceutical products designed to improve the lives of patients suffering from conditions characterized by suboptimal treatment outcomes and challenging daily dosing regimens. The company's innovative approach aims to provide precise, controlled drug delivery, ensuring efficacy and convenience in a single daily dose.

Core Technology: Precision Timed Release™ (PTR™) Platform

At the heart of Cingulate's operations is its PTR™ drug delivery platform, a cutting-edge technology that enables the precise, pre-defined release of active pharmaceutical ingredients at specific intervals throughout the day. The platform incorporates a proprietary Erosion Barrier Layer (EBL), which controls drug release without premature activation. This tablet-in-tablet design ensures optimized therapeutic outcomes by delivering medication at the right time, dosage, and release style. Licensed from BDD Pharma, the PTR platform is adaptable across multiple therapeutic areas, making it a versatile tool for addressing complex medical needs.

Product Pipeline and Therapeutic Focus

Cingulate's initial focus is on the treatment of Attention Deficit/Hyperactivity Disorder (ADHD), a condition affecting millions of children and adults globally. Its lead candidate, CTx-1301 (dexmethylphenidate), is a stimulant medication designed to provide rapid onset and full active-day efficacy in a single dose. By eliminating the need for booster doses, CTx-1301 addresses a significant gap in ADHD treatment. The company is also advancing CTx-2103 (buspirone) for the treatment of anxiety disorders, leveraging its PTR platform to optimize drug delivery in this therapeutic area. Beyond ADHD and anxiety, Cingulate is exploring additional indications where its technology could offer substantial improvements over existing therapies.

Market Position and Competitive Advantage

Cingulate operates in the highly competitive biopharmaceutical industry, particularly within the ADHD and anxiety treatment segments. The company's focus on once-daily dosing and its innovative PTR technology differentiate it from traditional extended-release formulations. By addressing common challenges such as suboptimal treatment adherence and fluctuating drug efficacy, Cingulate positions itself as a pioneer in precision drug delivery. The granting of patents in Europe, Australia, Canada, and Israel further underscores its commitment to global expansion and intellectual property protection.

Regulatory and Clinical Progress

Cingulate has made significant strides in advancing its clinical pipeline. The company recently completed its final FDA-required study for CTx-1301, targeting a mid-2025 submission for a New Drug Application (NDA). This milestone reflects Cingulate's adherence to rigorous regulatory standards and its readiness to bring innovative treatments to market. Additionally, its engagement with key stakeholders, including potential licensing partners and payers, highlights a strategic approach to commercialization and market access.

Future Outlook

With a robust pipeline, global patent portfolio, and innovative technology platform, Cingulate is well-positioned to address unmet medical needs in ADHD, anxiety, and beyond. The company's focus on precision drug delivery and patient-centric solutions aligns with evolving healthcare demands, offering significant potential for growth and impact in the pharmaceutical industry.

Rhea-AI Summary
Biopharmaceutical company Cingulate Inc. (NASDAQ: CING) closed a public offering, raising $7.5 million in gross proceeds. The offering included 3,750,000 shares of common stock, Series A warrants, and Series B warrants. The company plans to utilize the net proceeds for research and development, commercialization activities, and general corporate purposes.
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Cingulate Inc. (CING) announced the pricing of its public offering of 3,750,000 shares of its common stock, Series A warrants for up to 3,750,000 shares, and Series B warrants for up to 1,875,000 shares at a public offering price of $2.00 per share. The offering is expected to raise significant capital for the company.
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Cingulate Inc. (NASDAQ: CING) has promoted Controller Jennifer Callahan to Chief Financial Officer, succeeding longtime CFO Lou Van Horn. The company aims to strengthen its balance sheet through traditional and non-dilutive transactions, with Callahan expressing excitement to lead the finance team into the future.
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Cingulate Inc. announced the conversion of $3.3 million of debt and accrued interest into equity by Werth Family Investment Associates, LLC, at a conversion price of $4.785 per share. The closing price of Cingulate’s common stock on Nasdaq on January 24, 2024, was $4.35 per share. WFIA also agreed to convert the remaining $3.0 million of principal under its outstanding note into pre-funded warrants to purchase 687,043 shares of Cingulate’s common stock. The offer and sale of the securities are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended, and Regulation D promulgated thereunder.
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Cingulate Inc. (NASDAQ: CING) has received guidance from the FDA to advance its investigational asset CTx-2103 for the treatment of anxiety into clinical development. The company plans to file an IND application in the first half of 2024 and design clinical studies for CTx-2103. This step may allow CTx-2103 to seek approval under the 505(b)(2) pathway, which typically requires less time and resources than the 505(b)(1) full NDA pathway. CTx-2103 is a once-daily, multi-dose tablet that provides three precisely timed doses of buspirone versus one immediate release dose, offering clear differentiation and compelling advantages over currently available treatment options.
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Cingulate Inc. (NASDAQ: CING) announced financial results for Q3 2023, including Phase 3 adult efficacy and safety trial data for CTx-1301, a $4M public offering, and $5.8M of debt converted into CING equity. The clinical update highlighted the positive results from the Phase 3 trial, with significant improvements in ADHD patients. The company also provided insights into its R&D expenses and net loss figures.
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Cingulate Inc. will be hosting a key opinion leader event on October 23, 2023, focused on their late-stage asset CTx-1301 in ADHD and anxiety-related disorders.
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Cingulate Inc. closes public offering, raising approximately $4.0 million for research and development and commercialization activities of its lead candidate CTx-1301.
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Cingulate Inc. announces pricing of public offering, expecting gross proceeds of approximately $4.0 million. The funds will be used for research and development, commercialization activities, and general corporate purposes.
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CTx-1301 demonstrated clinically meaningful improvements in PERMP and CGI-S scores, with trend towards significance treatment effect size of 1.41 and 0.98 observed at 30 minutes and at hour 16, respectively. CTx-1301 showed a favorable safety profile compared to placebo. No patients reported experiencing insomnia during the randomized period.
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FAQ

What is the current stock price of Cingulate (CINGW)?

The current stock price of Cingulate (CINGW) is $0.0352 as of March 3, 2025.

What is Cingulate's primary focus?

Cingulate focuses on developing next-generation pharmaceutical products for conditions like ADHD and anxiety using its Precision Timed Release™ (PTR™) platform.

What is the Precision Timed Release™ (PTR™) platform?

The PTR™ platform is a proprietary drug delivery technology that ensures precise, pre-defined release of medication at specific intervals throughout the day.

What is Cingulate's lead product candidate?

Cingulate's lead candidate is CTx-1301, a stimulant medication designed for once-daily treatment of ADHD, offering rapid onset and full active-day efficacy.

How does Cingulate differentiate itself in the pharmaceutical market?

Cingulate's innovative PTR™ platform and focus on once-daily dosing address challenges like suboptimal treatment adherence and fluctuating drug efficacy, setting it apart from traditional therapies.

What therapeutic areas is Cingulate exploring beyond ADHD?

In addition to ADHD, Cingulate is developing treatments for anxiety disorders and evaluating other therapeutic areas where its PTR™ technology could be applied.

What is Cingulate's global expansion strategy?

Cingulate has secured patents in Europe, Australia, Canada, and Israel, with pending patents in other regions, to expand its reach and address global medical needs.

When does Cingulate plan to submit its NDA for CTx-1301?

Cingulate targets a mid-2025 submission for the New Drug Application (NDA) of its lead ADHD candidate, CTx-1301.

What challenges does Cingulate face in its market?

Key challenges include navigating regulatory pathways, securing funding, and competing with established pharmaceutical companies in the ADHD and anxiety treatment segments.

How does Cingulate generate revenue?

Cingulate's revenue strategy likely includes commercializing its drug candidates and licensing its PTR™ technology to other pharmaceutical companies.

What is the significance of Cingulate's recent FDA-required study completion?

The completion of the FDA-required food effect study for CTx-1301 marks a critical milestone toward its NDA submission, ensuring its readiness for regulatory approval.
Cingulate

Nasdaq:CINGW

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3.04M
Biotechnology
Pharmaceutical Preparations
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United States
KANSAS CITY