Cognition Therapeutics is Recruiting for Lewy Body Dementia Phase 2 SHIMMER Trial in Seventeen Research Sites Across the U.S.
October 12 2022 - 08:00AM
GlobeNewswire Inc.
Lewy Body Dementia (LBD) patients are actively being recruited by
Cognition Therapeutics, Inc. (Nasdaq: CGTX) and its clinical
partners for the SHIMMER Phase 2 trial of their CT1812 oral
drug therapy at 17 study sites across the country with more
expected to open.
“The Phase 2 SHIMMER study (NCT05225415) is actively recruiting
participants for these sites across the United States, including
those that are Lewy Body Dementia Association centers of
excellence” added Anthony O. Caggiano, M.D., Ph.D., Cognition’s
chief medical officer and head of R&D. “We look forward to
working together with our partners to activate the remaining study
sites across the country so that patients have local options.”
This month is Lewy Body Dementia Awareness month with
approximately over 1.4 million people in the United States
suffering from the neurodegenerative disease, making it the second
most common form of dementia. Often misdiagnosed it also masks
itself as Parkinson’s disease and is the largest dementia most have
never heard of.
"Patients with LBD can present initially with different
symptoms, making it challenging for general practitioners or even
neurologists to recognize,” explained James E. Galvin, MD, MPH, the
director of the Comprehensive Center for Brain Health at the
University of Miami Miller School of Medicine and primary
investigator for the SHIMMER study. “In addition, the stigma that
exists around mental health can lead patients to under-report
neuropsychiatric symptoms, such as hallucinations, which are common
in early stages of LBD. This October, during Lewy Body Dementia
Awareness Month, let’s recommit to educating ourselves about
LBD.”
SHIMMER is supported by $30M in grants by the National
Institutes of Health’s National Institute on Aging (NIA). The study
is a double-blind Phase 2 clinical trial designed to enroll 120
adults between 50 and 80 years of age with a LBD diagnosis, who
will be randomized to receive a placebo or one of two daily oral
doses of CT1812 for six months. In addition to safety, this study
will compare changes in cognitive performance, physical activity,
and pharmacokinetic and pharmacodynamic biomarkers to baseline
measurements. To learn more about the SHIMMER study and site
locations please visit www.shimmerDLBstudy.com.
About Cognition Therapeutics, Inc.Cognition
Therapeutics, Inc. is a clinical-stage biopharmaceutical company
engaged in the discovery and development of innovative, small
molecule therapeutics targeting age-related degenerative disorders
of the central nervous system and retina. We are currently
investigating our lead candidate CT1812 in clinical programs in
Alzheimer’s disease, dementia with Lewy bodies (DLB) and dry
age-related macular degeneration (dry AMD). We believe CT1812 and
our pipeline of σ-2 receptor modulators can regulate pathways that
are impaired in these diseases. We believe that targeting the σ-2
receptor with CT1812 represents a mechanism functionally distinct
from other current approaches in clinical development for the
treatment of degenerative diseases. More about Cognition
Therapeutics and its pipeline can be found
at https://cogrx.com. About Dementia with Lewy
BodiesAn estimated 1.4 million Americans are living with
DLB, a progressive disease that accounts for approximately 5-10% of
all dementia cases. DLB has overlapping pathology and symptomology
of Parkinson’s and Alzheimer’s diseases, making it challenging to
diagnose. DLB is caused by a build-up of a protein, α-synuclein,
which forms deposits, called Lewy bodies, in the brain. Oligomers
of α-synuclein are highly toxic and bind to neurons where they
impair critical cellular processes, causing synaptic dysfunction
and loss. Patients with DLB often experience cognitive, physical,
sleep and behavioral symptoms, including hallucinations, delusions
and mood changes. There are currently no disease-modifying
treatments approved for DLB patients.
Forward-Looking StatementsThis press release
contains forward-looking statements within the meaning of The
Private Securities Litigation Reform Act of 1995. All statements
contained in this press release, other than statements of
historical facts or statements that relate to present facts or
current conditions, including but not limited to, statements
regarding our cash and financial resources and our clinical
development plans, are forward-looking statements. These statements
involve known and unknown risks, uncertainties and other important
factors that may cause our actual results, performance, or
achievements to be materially different from any future results,
performance, or achievements expressed or implied by the
forward-looking statements. In some cases, you can identify
forward-looking statements by terms such as “may,” “might,” “will,”
“should,” “expect,” “plan,” “aim,” “seek,” “anticipate,” “could,”
“intend,” “target,” “project,” “contemplate,” “believe,”
“estimate,” “predict,” “forecast,” “potential” or “continue” or the
negative of these terms or other similar expressions. We have based
these forward-looking statements largely on our current
expectations and projections about future events and financial
trends that we believe may affect our business, financial
condition, and results of operations. These forward-looking
statements speak only as of the date of this press release and are
subject to a number of risks, uncertainties and assumptions, some
of which cannot be predicted or quantified and some of which are
beyond our control. Factors that may cause actual results to differ
materially from current expectations include, but are not limited
to: competition, our ability to secure new (and retain existing)
grant funding, our ability to grow and manage growth, maintain
relationships with suppliers and retain our management and key
employees; our ability to successfully advance our current and
future product candidates through development activities,
preclinical studies and clinical trials and costs related thereto
(including with respect to patient recruitment efforts); the
timing, scope and likelihood of regulatory filings and approvals,
including regulatory approval of our product candidates; changes in
applicable laws or regulations; the possibility that the we may be
adversely affected by other economic, business or competitive
factors; our estimates of expenses and profitability; the evolution
of the markets in which we compete; our ability to implement our
strategic initiatives and continue to innovate our existing
products; our ability to defend our intellectual property; issues
related to supply chain and the labor force; and the risks and
uncertainties described in the “Risk Factors” section of our
filings made with the Securities Exchange Commission. You should
not rely on these forward-looking statements as predictions of
future events. The events and circumstances reflected in our
forward-looking statements may not be achieved or occur, and actual
results could differ materially from those projected in the
forward-looking statements. Moreover, we operate in a dynamic
industry and economy. New risk factors and uncertainties may emerge
from time to time, and it is not possible for management to predict
all risk factors and uncertainties that we may face. Except as
required by applicable law, we do not plan to publicly update or
revise any forward-looking statements contained herein, whether as
a result of any new information, future events, changed
circumstances or otherwise.
Contact Information: Cognition
Therapeutics, Inc. info@cogrx.com
Monique Tapie (media) Shadwell Global
Partnersmtapie@shadwellgp.com Daniel
Kontoh-Boateng/Rosalyn Christian (investors) Tiberend
Strategic Advisors, Inc.dboateng@tiberend.com
rchristian@tiberend.com
Cognition Therapeutics (NASDAQ:CGTX)
Historical Stock Chart
From Feb 2023 to Mar 2023
Cognition Therapeutics (NASDAQ:CGTX)
Historical Stock Chart
From Mar 2022 to Mar 2023