Commercial Launch of ZUNVEYL
The company successfully launched ZUNVEYL, a treatment for mild to moderate Alzheimer's disease, and reported $1 million in net sales just four weeks into the launch.
Partnership with CMS Pharmaceuticals
Alpha Cognition made significant progress with CMS Pharmaceuticals for ZUNVEYL distribution in China and other Asian territories, expecting regulatory submission in China by Q4 2025.
Financial Strength and Flexibility
The company ended the first quarter with approximately $45.5 million in unrestricted cash and cash equivalents, and successfully retired a $900,000 debt obligation, resulting in a debt-free balance sheet.
Patent Approvals
Received a new U.S. patent for pH-dependent release of benzgalantamine, providing additional protection through 2044, and submitted for patent extension on an early method of use patent.
Positive Market Feedback
Early market feedback for ZUNVEYL has been positive, with high prescriptions and minimal adverse events reported, indicating a strong start for the product.