Aug. 7 at 8:11 PM
$CGTX Cognition Therapeutics Q2 net loss narrows to
$6.7 mln
REUTERS 3:10 PM ET 8/7/2025
Overview
* Cognition Therapeutics(CGTX) reports Q2 net loss of
$6.7 mln, slight improvement from 2024
* Company surpasses 50% enrollment in Phase 2 Alzheimer's study
* Positive results from dry AMD study with 28.6% reduction in lesion growth
Outlook
* Company anticipates FDA decision on DLB breakthrough designation in Q3 2025
* Cognition sees FDA milestones aiding potential partnerships for zervimesine
Result Drivers
* ALZHEIMER'S STUDY - Surpassed 50% enrollment in Phase 2 study of zervimesine in early Alzheimer's disease
* DRY AMD RESULTS - Reported 28.6% reduction in geographic atrophy lesion growth in Phase 2 dry AMD study
* DLB PROGRAM - Initiated expanded access program for dementia with Lewy bodies