Cognition Therapeutics Announces Oral CT1812 Development Plans

(24/7 MARKET NEWS) – Cognition Therapeutics, Inc. (NASDAQ: CGTX) announced, this morning, that the FDA cleared its CT1812 Investigational New Drug (IND) application for geographic atrophy (GA) secondary to dry age-related macular degeneration (dry AMD).

Cognition Therapeutics is trading at $1.63, up $0.02 (+1.24%), on 170 thousand premarket shares.

Its 52-week trading range is $1.07 to 6.2686. It pulled back from its $2.35 premarket high and is next key inflection point is $1.76.

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