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Cognition Therapeutics Inc
NASDAQ:CGTX

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Cognition Therapeutics Inc
NASDAQ:CGTX
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Price: 0.9744 USD 7.67% Market Closed
Market Cap: $86m

Cognition Therapeutics Inc
Investor Relations

Cognition Therapeutics, Inc. is a clinical stage neuroscience company. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 19 full-time employees. The company went IPO on 2021-10-08. The firm is engaged in the discovery and development of small molecule therapeutics targeting age-related degenerative diseases and disorders of the central nervous system (CNS) and retina. The company is focused on developing a pipeline of small molecule product candidates that targets the sigma-2 receptor (S2R) complex, a key regulator of the cellular damage response for diseases such as Alzheimer’s disease (AD), dry age-related macular degeneration (dry AMD), geographic atrophy (GA), and other conditions. Its lead product candidate, CT1812, an orally delivered, small molecule antagonist designed to penetrate the blood-brain and blood-retina barriers to the S2R complex, and through its modulation restores normal function of synapses, as well as critical cellular processes, such as autophagy, cholesterol biosynthesis, vesicle trafficking, progesterone signaling and receptor stabilization at the cell surface.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 26, 2026
AI Summary
Q4 2025

Strategy shift: Cognition is now prioritizing zervimesine for dementia with Lewy body, or DLB, psychosis after reviewing Phase II data and feedback from regulators.

DLB data: Management highlighted an 86% slowing of progression on the NPI-12 neuropsychiatric symptoms measure, with the strongest effects seen on hallucinations and delusions.

FDA path: The company said the FDA directed it to the Division of Psychiatry to define a registrational path, and Cognition has already filed a meeting request.

Alzheimer's still active: Cognition remains committed to Alzheimer's disease, but DLB psychosis is now the first priority while it waits for START trial results in 2027.

Cash runway: The company ended 2025 with about $37 million in cash and said it has enough funding to operate through the second quarter of 2027.

Key Financials
Cash, cash equivalents and restricted cash equivalents
$37 million
NIA grant funds remaining
$35.7 million
R&D expenses
$37.2 million
G&A expenses
$10.6 million
Net loss
$23.5 million
Net loss per share
$0.32
SHIMMER psychosis effect
86% slowing of progression relative to placebo
SHINE cognitive decline reduction
38%
SHINE low p-tau217 subgroup cognitive decline reduction
95%
START enrollment
545 participants
Expanded Access Program funding horizon
9 to 12 months
START trial enrollment status
Met its enrollment goal at the end of 2025
Earnings Call Recording
Other Earnings Calls

Management

Ms. Lisa Ricciardi
CEO, President & Director
No Bio Available
Mr. John Brendan Doyle
Chief Financial Officer
No Bio Available
Dr. Anthony O. Caggiano M.D., Ph.D.
Chief Medical Officer and Head of R&D
No Bio Available
Dr. Steven A. Weissman Ph.D.
VP & Head of CMC
No Bio Available
Ms. Anita Cornet
Head of Quality
No Bio Available
Mr. Bobby Horn
Corporate Controller
No Bio Available

Contacts

Address
PENNSYLVANIA
Pittsburgh
2403 Sidney Street, Suite 261
Contacts
+14124812210.0
www.cogrx.com
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