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CervoMed's dementia drug trial fails, causing stock to plummet despite good safety profile.
CervoMed's drug candidate, neflamapimod, failed to meet its goals in a mid-stage trial for dementia with Lewy bodies, leading to a significant drop in the company's stock.
Despite the drug showing good safety, it did not reduce dementia severity or meet secondary goals.
The company will investigate why the drug levels were lower than expected, and full data from the trial is expected in January 2025.
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El ensayo de demencia de CervoMed falla, causando que el stock se desplome a pesar de un buen perfil de seguridad.