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Alpha Cognition Inc V.ACOG


Primary Symbol: C.ACOG Alternate Symbol(s):  ACOGF

Alpha Cognition Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company is engaged in developing treatments for patients suffering from neurodegenerative diseases, such as Alzheimer's disease and Cognitive Impairment with mild Traumatic Brain Injury (mTBI). The Company’s pipeline includes ALPHA-1062, ALPHA-0602, and ALPHA-0702 and ALPHA-0802 (GEMs). The Company’s ALPHA-1062 is a patented new chemical entity being developed as a new generation acetylcholinesterase inhibitor for the treatment of Alzheimer's disease, with expected minimal gastrointestinal side effects. ALPHA-1062 is also being developed in combination with memantine to treat moderate to severe Alzheimer’s dementia, and as an intranasal formulation for Cognitive Impairment with mTBI. ALPHA-0602 is a gene therapy program delivering progranulin, a neurotrophic protein. It is in preclinical development for the treatment of ALS.


CSE:ACOG - Post by User

Post by partystockeron Apr 05, 2022 11:57am
145 Views
Post# 34576942

$ACOG.v Reports Pre-Clinical Data For ALPHA-0602

$ACOG.v Reports Pre-Clinical Data For ALPHA-0602

Further positive data is coming from Alpha Cognition (TSXV: ACOG) with the announcement that in a recent clinical study, its ALPHA-0602 therapy has yielded positive evidence for its use in the treatment of ALS.


This positive news regarding the ALPHA-0602 therapy adds further strength to Alpha’s product line. The company announced positive pre-clinical data for its ALPHA-1062 product in late February, supporting its efficacy as a treatment for TBI. The company is expecting approval and launch of 1062 in 2023, and the progress being made on the 0602 therapy makes for even more potential catalysts to watch for from the company this year. 


$ACOG.v shares have maintained lateral movement since breaking through a bearish trend, and have shown a key price of $1.09 to watch as a line of resistance. $ACOG.v is currently trading at $.98 and is valued at $60.27M. 


https://ceo.ca/@businesswire/alpha-cognition-announces-positive-data-from-pre-clinical

 
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