Vigil Neuroscience Says On Track To Report Interim Phase 1 Data For VG-3927 In Healthy Volunteers In Mid-2024 And Phase 2 Results From Ignite Clinical Trial Evaluating Iluzanebart In ALSP In Q3 2024
Portfolio Pulse from Benzinga Newsdesk
Vigil Neuroscience announced that it is on track to report interim Phase 1 data for VG-3927 in mid-2024 and Phase 2 results for iluzanebart in ALSP in Q3 2024. The company also stated that its cash runway is extended into the second half of 2025. Additionally, Vigil Neuroscience will present at the J.P. Morgan Healthcare Conference on January 11, 2024.
January 03, 2024 | 9:36 pm
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Vigil Neuroscience is progressing as planned with its clinical trials for VG-3927 and iluzanebart, and has extended its financial runway into the second half of 2025. The company will also present at a major healthcare conference.
The positive update on clinical trial timelines and the extension of the cash runway are likely to be viewed favorably by investors, potentially leading to a short-term positive impact on the stock price. The presentation at the J.P. Morgan Healthcare Conference could also increase visibility and investor interest.
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