other material
confidence high
sentiment neutral
materiality 0.45
Cognition Therapeutics provides pipeline update; SHINE interim shows 3-point ADAS-Cog benefit
COGNITION THERAPEUTICS INC
- Cash and equivalents $37.2M as of June 30, 2023; expected runway through Q3 2024.
- Total grant funding ~$171M; $81.8M remaining as of June 30, 2023.
- SHINE Phase 2 interim (n=24) showed 3-point ADAS-Cog-11 difference at Day 185 vs placebo.
- Topline data for SHINE (mild-moderate AD) and SHIMMER (DLB) expected mid-2024.
- Phase 2 START (early AD) enrolling; MAGNIFY (dry AMD) in development.