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Stock impact report

Cognition Therapeutics Completes Enrollment in Phase 2 SHIMMER Study of CT1812 in Mild-to-Moderate Dementia with Lewy Bodies [Yahoo! Finance]

Cognition Therapeutics, Inc. (CGTX) 
Company Research Source: Yahoo! Finance
PURCHASE, N.Y., April 29, 2024 (GLOBE NEWSWIRE) -- Cognition Therapeutics, Inc. (the “Company” or “Cognition”) (NASDAQ: CGTX), a clinical stage company developing drugs that treat neurodegenerative disorders, today announced that the company has reached target enrollment in the randomized, placebo-controlled Phase 2 SHIMMER (COG1201) study ( NCT05225415 ), which is examining the safety and effectiveness of CT1812 in adults with mild-to-moderate dementia with Lewy bodies (DLB). Top-line results are expected in the second half of 2024 after the last participants have completed six months of treatment. “There are currently no approved disease-modifying therapies for DLB, leaving people living with this disease in desperate need of treatment options,” Lisa Ricciardi , president and CEO of Cognition Therapeutics, stated, “The majority of patients with DLB have both Aß and a-synuclein pathology. Because of our unique mechanism of action that targets both Aß and a-synuclein oligomers, we Show less Read more
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