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Cingulate Inc. Warrants - CINGW STOCK NEWS

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Cingulate Inc is a clinical-stage biopharmaceutical company utilizing its proprietary precision timed-release drug delivery platform to build and advance a pipeline of next-generation pharmaceutical products designed to improve the lives of patients suffering from frequently diagnosed conditions characterized by burdensome daily dosing regimens and suboptimal treatment outcomes. The company focuses on the treatment of Attention Deficit/Hyperactivity Disorder (ADHD) and anxiety, and identifying and evaluating additional therapeutic areas to use PTR technology to develop future product candidates.

Latest News: "Today we are pleased to welcome Jennifer Callahan to the C-Suite, and thank Lou Van Horn for his commitment, hard work, and guidance as Cingulate's CFO through many important milestones," stated Cingulate Chairman and CEO Shane J. Schaffer. "Jenny has worked closely with Lou and is a valued and trusted member of our management. Her leadership and expertise were instrumental during Cingulate's IPO, and we look forward to a seamless transition as we begin this new chapter." Callahan, who brings decades of accounting and financial experience to Cingulate's C-Suite, said she's excited to lead the finance team into the future and hopes to help the company raise capital in an efficient and timely manner.

"It's been a pleasure advancing the Cingulate mission for the past seven years, and I am honored to be named its next Chief Financial Officer," Callahan said. "As we move forward, capital remains imperative to the long-term success of Cingulate, and we will seek to strengthen our balance sheet through both traditional and non-dilutive transactions."

About Cingulate Inc.
Cingulate Inc. (NASDAQ: CING), is a biopharmaceutical company utilizing its proprietary PTR drug delivery platform technology to build and advance a pipeline of next-generation pharmaceutical products, designed to improve the lives of patients suffering from frequently diagnosed conditions characterized by burdensome daily dosing regimens and suboptimal treatment outcomes. With an initial focus on the treatment of ADHD, Cingulate is identifying and evaluating additional therapeutic areas where PTR technology may be employed to develop future product candidates, including to treat anxiety disorders. Cingulate is headquartered in Kansas City.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include all statements, other than statements of historical fact, regarding our current views and assumptions with respect to future events regarding our business, including statements with respect to our plans, assumptions, expectations, beliefs and objectives with respect to product development, clinical studies, clinical and regulatory timelines, market opportunity, competitive position, business strategies, potential growth opportunities and other statements that are predictive in nature. These statements are generally identified by the use of such words as "may," "could," "should," "would," "believe," "anticipate," "forecast," "estimate," "expect," "intend," "plan," "continue," "outlook," "will," "potential" and similar statements of a future or forward-looking nature. Readers are cautioned that any forward-looking information provided by us or on our behalf is not a guarantee of future performance. Actual results may differ materially from those contained in these forward-looking statements as a result of various factors disclosed in our filings with the Securities and Exchange Commission (SEC), including the "Risk Factors" section of our Annual Report on Form 10-K filed with the SEC on March 10, 2023. All forward-looking statements speak only as of the date on which they are made, and we undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law.

Rhea-AI Summary
Cingulate Inc. announces $1 million investment from Werth Family Investment Associates, top-line results from Phase 3 Adult Efficacy and Safety Trial of CTx-1301, and initiation of Phase 3 pediatric and adolescent studies. Positive clinical results could lead to NDA submission in 2024. R&D expenses increased to $4.5 million for Q2 2023 compared to $2.2 million in Q2 2022. Net loss was $6.6 million for Q2 2023 compared to $4.0 million in Q2 2022.
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Rhea-AI Summary

Cingulate Inc. (NASDAQ: CING) announced that its Chairman and CEO, Shane J. Schaffer, will speak at a live Benzinga All Access event on April 18, 2023, at 10 a.m. CST. The discussion will focus on unmet needs in attention deficit/hyperactivity disorder (ADHD) and the expansion of Cingulate's Precision Timed Release™ (PTR™) platform into anxiety treatments. Schaffer will provide a company overview and recap recent clinical and business updates. The event will be available for viewing on Benzinga's YouTube channel and on Cingulate's website.

Cingulate is a biopharmaceutical company focused on developing next-generation pharmaceutical products aimed at improving treatment outcomes for patients with ADHD and potentially anxiety disorders through its PTR platform.

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FAQ

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

The current stock price of Cingulate Warrants (CINGW) is $0.037768 as of November 21, 2024.

What is the core focus of Cingulate Inc?

Cingulate Inc focuses on utilizing its precision timed-release drug delivery platform to develop next-generation pharmaceutical products for conditions requiring improved treatment outcomes.

What therapeutic areas does Cingulate Inc target?

Cingulate Inc targets the treatment of Attention Deficit/Hyperactivity Disorder (ADHD) and anxiety, with plans to expand into other therapeutic areas using PTR technology.

Who recently joined the Cingulate C-Suite?

Jennifer Callahan recently joined the C-Suite of Cingulate Inc as the Chief Financial Officer, succeeding Lou Van Horn.

What is the unique approach of Cingulate's CTx-1301?

CTx-1301 utilizes a multi-core formulation of dexmethylphenidate, a stimulant compound, to provide rapid onset and entire active-day efficacy for the treatment of ADHD.

What recent regulatory milestone did Cingulate achieve?

Cingulate received confirmation from the FDA regarding the requirements necessary for filing a New Drug Application (NDA) for CTx-1301, paving the way for a potential market approval.

How has Cingulate managed its financials in recent years?

Cingulate has successfully raised capital through various offerings, including public and private placements, to support its operations and advancement of key product candidates.

What is the significance of Cingulate's PTR technology?

Cingulate's Precision Timed Release (PTR) drug delivery platform technology allows for precise dosing control and time-released delivery of active pharmaceutical ingredients to optimize patient care.

What is the current focus of Cingulate's research and development efforts?

Cingulate's R&D efforts are focused on advancing CTx-1301 for ADHD and CTx-2103 for anxiety using its innovative PTR technology to address unmet medical needs.

How does Cingulate plan to expand its product pipeline?

Cingulate intends to identify additional therapeutic areas where PTR technology can be leveraged to develop future product candidates, potentially including anxiety disorders and other conditions requiring optimized treatment outcomes.

What is the key takeaway from Cingulate's recent financial results?

Despite challenges, Cingulate has managed its financial position prudently, raising capital strategically and reducing liabilities to support its growth objectives and product development endeavors.

Cingulate Inc. Warrants

Nasdaq:CINGW

CINGW Rankings

CINGW Stock Data

3.04M
Biotechnology
Pharmaceutical Preparations
Link
United States of America
KANSAS CITY