Cognition Therapeutics, Inc. (CGTX)
Cognition Therapeutics, Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in Purchase, NY, US. The stock last traded at $1.02, down 2.86% on the session, giving a market capitalisation of $91.3M. On trailing twelve-month figures it carries a trailing P/E of -5.31, a net margin of 0.0%. Its beta of 1.75 implies it has historically moved more than the broad market.
Cognition Therapeutics, Inc. is a biopharmaceutical company in the clinical stage, focused on identifying and advancing small molecule treatments. The firm's research and development efforts are primarily directed towards age-related neurodegenerative conditions affecting the central nervous system, as well as retinal disorders. Its most advanced experimental therapy is CT1812, which acts as a sigma-2 receptor antagonist. This compound is currently being evaluated in Phase II clinical trials for the management of mild-to-moderate Alzheimer's disease and dementia with Lewy bodies (DLB). Additionally, it has successfully concluded Phase I trials for early-stage Alzheimer's and is undergoing preclinical investigation for dry age-related macular degeneration (AMD). The company's pipeline also includes CT2168, a treatment candidate for synucleinopathies—a category of diseases encompassing DLB and Parkinson's disease—and CT2074, which is in development for dry AMD. Cognition Therapeutics, Inc. was established in 2007 and operates from its headquarters in Purchase, New York.
Cognition Therapeutics, Inc. is most often compared with the following Healthcare names: