WESTCHESTER COUNTY LIFE SCIENCES UPDATE

Cognition Therapeutics and ACTC Receive FDA Clearance for Phase 2 START Study of Alzheimer’s Disease Drug

Purchase headquartered Cognition Therapeutics announced it has cleared the U.S. Food and Drug Administration comment period and may now proceed with the 540-patient Phase 2 START study of CT1812 in adults with mild cognitive impairment or early Alzheimer’s disease. This randomized placebo-controlled trial will be conducted at approximately 50-to-60 sites in North America including those premier institutions in the Alzheimer's Clinical Trials Consortium (ACTC). CT1812 is an investigational oral small molecule that binds to a receptor on synapses and is designed to prevent the toxic effects of soluble beta amyloid (Aβ) oligomers on neurons, which drive the progression of neurodegenerative diseases such as Alzheimer’s disease.

The START study is supported by a grant of approximately $81 million for 5 years from the National Institutes of Health’s (NIH) National Institute on Aging (NIA) to accelerate development of new therapies for Alzheimer’s disease.

Cognition Therapeutics to Present at the 33rd Annual Oppenheimer & Co Annual Healthcare Conference

Cognition announced the Company’s president and CEO, Lisa Ricciardi will present at the annual Oppenheimer & Co Healthcare Conference taking place in a virtual format from March 13-15, 2023.

Details of Cognition’s presentation are as follows:

Event: Oppenheimer & Co Healthcare Conference

Date/Time: Wednesday, March 15, 2023 at 10:00 a.m. ET

Webcast: https://wsw.com/webcast/oppenheimer27/cgtx/2797998

Teladoc Selected by Verywell Health for Best Online ADHD Therapy to Help Manage Your Symptoms

Looking for the right ADHD therapist online begins with finding someone with the necessary experience and training. This includes understanding the difference between a therapist and a psychiatrist. A psychiatrist can diagnose ADHD and prescribe medication, while a therapist offers talk therapy, such as CBT, for improving coping skills. It is also important to consider what the provider charges, their availability, and whether or not they accept your insurance.

Verywell Health surveyed 105 users from online therapy company’s and asked the companies to complete questionnaires. Then, tested the services, conducted comprehensive data collection research, and evaluated results with the help of three licensed therapists. The results showed that Teladoc Health offered the most comprehensive ADHD therapy.

Teladoc Health to Participate in

Upcoming Investor Conference

Purchase-headquartered Teladoc Health, Inc. the global leader in whole-person virtual care, announced that Mala Murthy, chief financial officer, will participate in the 43rd Annual TD Cowen Health Care Conference in Boston. A replay of the presentation will be available at http://ir.teladochealth.com/news-and-events/events-and-presentations/.

New York State Small Business Revolving Loan Fund Round 2

Did you know? New York State has a small business revolving loan fund that provides loans to small businesses, ranging from $500 to $2 million. Many different types of businesses are eligible and the loan can be used for many purposes. More information can be found here.

Submit a Project Pitch to America's Seed Fund

America’s Seed Fund powered by NSF funds startups to create the next game-changing technologies — often based on fundamental science or engineering — in need of research and development to create new products, services, and other scalable solutions. Each year, they award $200+ million in R&D funding to about 400 startups across the US.

Click here to learn more and get started on your Project Pitch. Chosen startups can get up to $2 million to develop deep technologies. The projects they fund must have the potential to positively benefit society and to lead to significant outcomes in the commercial market. Most of the startups they fund have fewer than five employees, are recently formed and haven't received funding from the government before.

America's Seed Fund is a program within the National Science Foundation and housed within the Directorate for Technology, Innovation and Partnerships.

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