CervoMed Appoints Joshua Boger As Board Chair
Portfolio Pulse from Benzinga Newsdesk
CervoMed has appointed Dr. Joshua Boger, the founder and retired CEO and Board Chair of Vertex Pharmaceuticals, as its Board Chair. The company is progressing with its RewinD-LB Phase 2b clinical trial for neflamapimod in patients with dementia with Lewy bodies, expecting to complete enrollment in the first half of 2024 and to release topline data in the second half of 2024.
February 07, 2024 | 1:35 pm
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Dr. Joshua Boger, founder of Vertex Pharmaceuticals, has been appointed as Board Chair of CervoMed, which is advancing a clinical trial for dementia treatment.
While the appointment of Dr. Boger as Board Chair of CervoMed highlights his continued influence in the biotech industry, it does not directly impact Vertex Pharmaceuticals' operations or financials. However, it could indirectly benefit Vertex by association, given Dr. Boger's reputation. The direct impact on Vertex's stock price is likely neutral in the short term, as the news pertains more to CervoMed's clinical trial progress than to Vertex's immediate business activities.
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