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CT1812 slows cognitive decline in proof-of-concept clinical trial

Key Takeaway: Cognition Therapeutics has announced a proof-of-concept clinical trial for CT1812, which aims to slow cognitive decline. The trial's results are expected to provide insights into the drug's efficacy. Further details on the trial's design and outcomes have not been disclosed.
Price reaction · baseline $0.7585 (2024-08-22 close) · hit pre-market · 2 other CGTX headline(s) in the window, move may be shared
day 0 close · peak
-2.7%

Market Sentiment Analysis

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+35%
120-day peak, hindsight
Typical move
8.3%
average across 6 past catalysts
Cash runway
~33 mo
Minimal dilution risk
Lead asset
Oxytocin
Phase 2 · Oxidative Stress

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Last updated: Aug 23, 2024