Cognition Therapeutics shares rise 2.22% premarket after Eisai and Biogen's LEQEMBI® approval in Australia.
ByAinvest
Thursday, Sep 25, 2025 5:47 am ET1min read
CGTX--
Cognition Therapeutics, Inc. rose 2.22% in premarket trading. Eisai Co., Ltd. and Biogen Inc. announced that the Therapeutic Goods Administration (TGA) of Australia has approved LEQEMBI® (lecanemab) for mild cognitive impairment or mild dementia due to Alzheimer's disease. This approval may have positively impacted Cognition Therapeutics, Inc. as it operates in a similar field of neurodegenerative diseases.
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