Cambridge Cognition Holdings (COG)

Sector:

Health Care

Index:

FTSE AIM All-Share

36.00p
   
  • Change Today:
    -1.50p
  • 52 Week High: 54.48
  • 52 Week Low: 27.50
  • Currency: UK Pounds
  • Shares Issued: 41.94m
  • Volume: 83,163
  • Market Cap: £15.10m
  • RiskGrade: 282

Cambridge Cognition product used in schizophrenia treatment trial

By Josh White

Date: Wednesday 08 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Cambridge Cognition announced the use of its 'CANTAB' cognitive assessment product in two phase three clinical trials conducted by Bristol Myers Squibb for 'Cobenfy', a newly FDA-approved treatment for schizophrenia.
The AIM-traded firm said the results, published in the American Journal of Psychiatry, underscored the significant role of CANTAB in evaluating cognitive function in clinical trials.

It said Cobenfy represents a breakthrough in schizophrenia treatment, being the first drug in decades to target the M1 and M4 muscarinic receptors instead of traditional antipsychotic mechanisms that block dopamine receptors.

The novel approach had demonstrated improved efficacy in reducing both positive and negative symptoms of schizophrenia.

CANTAB digital assessments, known for their precision in measuring cognitive function, enabled Bristol Myers Squibb to conduct a post-hoc analysis of cognitive improvements in patients with pre-specified impairments during the trials, the firm explained.

The results indicated that Cobenfy significantly enhanced cognitive performance.

Cambridge Cognition said it viewed the outcome as a validation of CANTAB's capabilities in enabling targeted study designs and digital data capture technologies.

"This is an important milestone in schizophrenia treatment's history, and we are pleased to have been able to play a part," said chief operating officer Rob Baker.

"Importantly, this analysis evidences how our digital assessment technologies can streamline data collection, improve trial accuracy and ultimately accelerate the development of effective treatments in schizophrenia."

At 1355 GMT, shares in Cambridge Cognition were up 5.25% at 39.47p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

COG Market Data

Currency UK Pounds
Share Price 36.00p
Change Today -1.50p
% Change -4.00 %
52 Week High 54.48
52 Week Low 27.50
Volume 83,163
Shares Issued 41.94m
Market Cap £15.10m
RiskGrade 282

COG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.57% below the market average66.57% below the market average66.57% below the market average66.57% below the market average66.57% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
32.55% below the market average32.55% below the market average32.55% below the market average32.55% below the market average32.55% below the market average
13.51% below the sector average13.51% below the sector average13.51% below the sector average13.51% below the sector average13.51% below the sector average
Income Not Available
Growth
17.42% above the market average17.42% above the market average17.42% above the market average17.42% above the market average17.42% above the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
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COG Dividends

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Trades for 02-Apr-2025

Time Volume / Share Price
15:29 5,000 @ 37.00p
14:17 10,000 @ 36.00p
14:09 10,000 @ 35.98p
13:48 2,165 @ 36.00p
11:09 10,000 @ 35.97p

COG Key Personnel

Chair Steven John Powell

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