Cogent Biosciences: Stock Soars On Cash Injection Ahead Of Major Data Catalyst [Seeking Alpha]
Cogent Biosciences, Inc. (COGT)
Last cogent biosciences, inc. earnings: 11/8 04:05 pm
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US:NASDAQ Investor Relations:
investors.cogint.com/investor-relations
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Source: Seeking Alpha
The financing was led by Commodore Capital and a large investment management firm, with participation from several notable biotech investment firms. The funds will be used for research and development, activities related to bezuclastinib, the company's lead candidate. The hope is that bezuclastinib can secure approval to treat advanced and non-advanced systemic mastocytosis - a $2bn potential market. There is a major data catalyst upcoming, when the company announces Phase 2 data from its SUMMIT study in non-advSM. Blueprint medicines Ayvakit is already approved in this indication, and bezuclastinib must show superiority to this drug. If it can, the share price may soar again. Investment Overview Cogent Biosciences, Inc. NASDAQ: COGT ) stock is soaring today after the Waltham, Massachusetts based biotech announced via a press release today that it has: entered into a securities purchase agreement for a private investment in public equity financing that is expected to resu
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COGT
News
- SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Cogent Biosciences, Inc. (NASDAQ: COGT)PR Newswire
- Cogent Biosciences Presents Data Highlighting Potential Best-in-Class Potency and Selectivity of Novel, EGFR Sparing, CNS-Penetrant ErbB2 Inhibitor [Yahoo! Finance]Yahoo! Finance
- Cogent Biosciences Presents Data Highlighting Potential Best-in-Class Potency and Selectivity of Novel, EGFR Sparing, CNS-Penetrant ErbB2 InhibitorGlobeNewswire
- Cogent Biosciences, Inc. (NASDAQ: COGT) had its "outperform" rating re-affirmed by analysts at Leerink Partnrs.MarketBeat
- COGT Reports Full Year 2023 Financial Results and Business Highlights [Yahoo! Finance]Yahoo! Finance
COGT
Earnings
- 8/8/23 - Miss
COGT
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form DEF
- COGT's page on the SEC website