Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

BioMedNewsBreaks — Alpha Cognition Inc. (NASDAQ: ACOG) Prices $35 Million Oversubscribed Public Offering

Alpha Cognition (NASDAQ: ACOG), a commercial-stage biopharmaceutical company focused on treatments for neurodegenerative diseases, announced the pricing of its oversubscribed underwritten public offering of 5.6 million common shares (or pre-funded warrants in lieu thereof) at $6.25 per share, for gross proceeds of approximately $35 million before expenses. The company plans to use net proceeds to accelerate commercialization of ZUNVEYL(R) (Benzgalantamine), including sales expansion, marketing, payer coverage, and reimbursement infrastructure. CEO Michael McFadden said the funding will help maximize near-term adoption while laying the foundation for long-term growth. Titan Partners Group, a division of American Capital Partners, is acting as sole bookrunner, with a 30-day option granted to purchase up to an additional 840,000 shares to cover over-allotments.

To view the full press release, visit https://ibn.fm/Zsy1b

About Alpha Cognition Inc.

Alpha Cognition Inc. is a commercial stage, biopharmaceutical company dedicated to developing treatments for patients suffering from neurodegenerative diseases, such as Alzheimer’s Disease and Cognitive Impairment with mild Traumatic Brain Injury (“mTBI”), for which there are currently no approved treatment options.

ZUNVEYL is a patented drug approved as a new generation acetylcholinesterase inhibitor for the treatment of Alzheimer’s disease, with expected minimal gastrointestinal side effects. ZUNVEYL’s active metabolite is differentiated from donepezil and rivastigmine in that it binds neuronal nicotinic receptors, most notably the alpha-7 subtype, which is known to have a positive effect on cognition. ALPHA-1062 is also being developed in combination with memantine to treat moderate to severe Alzheimer’s dementia, and as an intranasal formulation for Cognitive Impairment with mTBI.

For more information, visit the company’s website at https://www.alphacognition.com/

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BioMedWire
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www.BioMedWire.com
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Editor@BioMedWire.com

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