financetom
Business
financetom
/
Business
/
CervoMed Reports Plasma Biomarker Data Show Neflamapimod Lowers GFAP Levels
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CervoMed Reports Plasma Biomarker Data Show Neflamapimod Lowers GFAP Levels
Jul 29, 2024 11:22 AM

01:50 PM EDT, 07/29/2024 (MT Newswires) -- CervoMed ( CRVO ) said Monday baseline data from a phase 2a trial of neflamapimod in patients with dementia with Lewy bodies showed that plasma glial fibrillary acidic protein was highly correlated to scores on the Clinical Dementia Rating Sum of Boxes, with the protein shown to increase with neurodegenerative progression.

The trial results also showed that neflamapimod treatment led to significant reduction in plasma glial fibrillary acidic protein levels in patients with dementia with Lewy bodies compared with placebo, the company said. The trial was featured in a poster presentation at the Alzheimer's Association International conference in Philadelphia.

"Recent developments in the field support the use of plasma GFAP to evaluate the therapeutic effects on DLB-specific disease processes, and baseline data from...our Phase 2a trial, further validate the utility of this biomarker," said CEO John Alam.

The stock was up about 1.6% in recent trading.

Price: 14.25, Change: +0.22, Percent Change: +1.57

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved