Alpha Cognition Advances Alzheimer’s Drug and Finances

Alpha Cognition Inc (TSE:ACOG) has released an update.

Alpha Cognition Inc. reports on their 2024 first quarter achievements, highlighting the progress of their Alzheimer’s drug, ALPHA-1062, which is under FDA review and poised for commercialization by late July. The company successfully completed a private placement financing of $8.45 million and advanced pre-clinical studies and manufacturing processes. Financials show a decrease in R&D expenses compared to the previous year, indicating a streamlined approach towards their drug development initiatives.

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