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Stock impact report

Alpha Cognition Inc. Reports Fourth Quarter and Full Year 2024 Financial Results and Operating Overview [Yahoo! Finance]

Alpha Cognition Inc. (ACOG) 
Company Research Source: Yahoo! Finance
Completed commercial manufacturing to support the ZUNVEYL launch. Successfully completed the first phase of a pre-clinical bomb-blast study funded by a Department of Defense grant, demonstrating benzgalantamine's efficacy and safety in treating head trauma from simulated bomb blasts. Cash and cash equivalents of $48.6 million as of December 31, 2024, compared to $3.7 million as of September 30, 2024 and $1.4 million as of December 31, 2023. At current cash utilization rates, the Company expects a cash runway of approximately two years. VANCOUVER, British Columbia, March 31, 2025 BUSINESS WIRE )--Alpha Cognition Inc. (Nasdaq: ACOG) ("Alpha Cognition", or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2024. "We closed 2024 on a strong note, securing capital to support the ZUNVEYL commercial launch and assembling an experienced leadership team," said Michael McFadden, Chief Executive Officer. "In early 2025, we comple Show less Read more
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