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NervGen Pharma Corp (symbol: NGENF) is a clinical-stage biotech company focused on developing cutting-edge solutions for treating nervous system damage. Their lead drug candidate, NVG-291, is currently in a Phase 1b/2a clinical trial, targeting spinal cord injury as the initial indication. The company recently reported its financial and operational results, highlighting progress in recruitment for their clinical study and receiving Fast Track designation from the FDA. With a strong focus on innovative treatments and dedicated research efforts, NervGen is committed to enabling the nervous system to repair itself in cases of injury or disease.
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NervGen Pharma Corp. (NGENF) has been recognized as a 2023 Top 50 Company by the TSX Venture Exchange. The company's strong performance on the TSX Venture Exchange is attributed to market capitalization, share price appreciation, and trading volume. NervGen's President & CEO, Mike Kelly, expressed gratitude for the recognition and highlighted the advancements made in 2023, including the progression of NVG-291 into clinical trials and receiving Fast Track designation for NVG-291 in individuals with spinal cord injury.
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NervGen Pharma Corp. grants incentive stock options to employees, including 505,200 to Officers at $3.48 per share for 10 years, vesting every six months over two years, in line with TSX Venture Exchange policies.
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NervGen Pharma Corp. is on track to complete enrollment of the chronic cohort in Q2 2024 and expects data readout in Q3 2024 for its Phase 1b/2a clinical trial of NVG-291 for spinal cord injury. The company plans to offer NVG-291 to placebo-treated subjects post-cohort completion.
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NervGen Pharma Corp. (NGEN) reports progress in NVG-291 clinical trial for spinal cord injury, receiving Fast Track designation from FDA. John Ruffolo appointed to the Board. Financial and operational results for Q3 2023 also announced.
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NervGen Pharma Corp. (TSXV: NGEN) (OTCQX: NGENF) announces Dr. Jerry Silver's interview with Guy Kawasaki on 'Remarkable People' podcast, discussing NVG-291, a drug candidate for spinal cord injury. Dr. Silver's groundbreaking work has led to a Phase 1b/2a clinical trial for NVG-291, with initial results expected in mid-2024.
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NervGen Pharma has received Fast Track designation from the FDA for its lead compound, NVG-291, in individuals with spinal cord injury. The designation aims to expedite the development of drugs for serious conditions and unmet medical needs. NVG-291 has the potential to be the first approved treatment for neurological/functional recovery after spinal cord injury.
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NervGen Pharma appoints John Ruffolo, Founder and Managing Partner of Maverix Private Equity, to its Board of Directors. Ruffolo brings extensive experience in private equity and venture capital, as well as personal knowledge of spinal cord injury. NervGen is currently conducting a clinical trial for its drug NVG-291 for spinal cord injury treatment.
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NervGen Pharma begins Phase 1b/2a trial for spinal cord injury treatment NVG-291, with results expected in mid-2024 and late 2024/early 2025 for chronic and subacute cohorts respectively.
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NervGen Pharma's Chief Medical Officer to present at International Spinal Research Trust Network Meeting
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NervGen Pharma to present at H.C. Wainwright conference, offering one-on-one investor meetings. Webcast available.
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FAQ
What is the current stock price of NERVGEN PHARMA (NGENF)?
The current stock price of NERVGEN PHARMA (NGENF) is $2.08 as of December 20, 2024.
What is the market cap of NERVGEN PHARMA (NGENF)?
The market cap of NERVGEN PHARMA (NGENF) is approximately 131.4M.
What is NervGen Pharma Corp focused on?
NervGen Pharma Corp is dedicated to developing innovative solutions for the treatment of nervous system damage.
What is NVG-291, and what is its current status?
NVG-291 is the lead drug candidate of NervGen Pharma Corp, currently undergoing evaluation in a Phase 1b/2a clinical trial for spinal cord injury.
What recent achievements has NervGen reported?
NervGen recently received Fast Track designation from the FDA and reported positive progress in their recruitment efforts for the clinical study.
What sets NervGen apart in the biotech industry?
NervGen's focus on enabling the nervous system to repair itself post-injury or disease and their commitment to innovative treatments differentiate them in the biotech landscape.
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