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Stock impact report

COGT Reports Full Year 2023 Financial Results and Business Highlights [Yahoo! Finance]

Cogent Biosciences, Inc. (COGT) 
Last cogent biosciences, inc. earnings: 11/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cogint.com/investor-relations
Company Research Source: Yahoo! Finance
Research and Development Expenses : R&D expenses increased to $173.8 million in 2023 from $121.6 million in 2022. General and Administrative Expenses : G&A expenses rose to $34.4 million in 2023, up from $26.2 million in 2022. Net Loss : COGT reported a net loss of $192.4 million for the year ended December 31, 2023, compared to $140.2 million in 2022. Clinical Trials : COGT is actively enrolling in three registration-directed clinical trials for bezuclastinib, with top-line results expected in 2025. Fundraising : Completed a $225 million oversubscribed private investment in public equity (PIPE) in February 2024. Warning! GuruFocus has detected 1 Warning Sign with COGT. On February 26, 2024, Cogent Biosciences Inc ( NASDAQ:COGT ) released its 8-K filing , detailing its financial results for the fourth quarter and full year of 2023. The biotechnology company, known for its focus on developing precision therapies for genetically defined diseases, has reported significant pr Show less Read more
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