earnings
confidence high
sentiment positive
materiality 0.75
CervoMed Q2 net loss $6.6M; neflamapimod data supports Phase 3 DLB plan
CervoMed Inc.
- Net loss $6.6M vs $6.3M YoY; cash $24.9M at June 30, 2026, runway to Q3 2027.
- Grant revenue zero vs $1.8M; R&D $4.3M vs $5.1M; G&A $2.4M vs $3.3M.
- AAIC data: CDR-SB improvement 0.70 (p=0.054) in pure DLB; basal forebrain atrophy slowed (p=0.028).
- Neflamapimod awarded UK ILAP Innovation Passport; company pursuing partnership for Phase 3 DLB trial.
- Raised ~$20.5M gross in June equity financings; ended RAS enrollment, completed nfvPPA enrollment.