CervoMed reports Q3 2025 grant revenue of $0.3 million

Reuters
Nov 10
<a href="https://laohu8.com/S/CRVO">CervoMed</a> reports Q3 2025 grant revenue of $0.3 million

CervoMed Inc. reported a cash position of $27.3 million as of September 30, 2025, down from $38.9 million at December 31, 2024. The company stated that its current cash, cash equivalents, and marketable securities are expected to fund operations into the third quarter of 2026. Grant revenue for the third quarter of 2025 was $0.3 million, compared to $1.9 million in the same period of 2024, reflecting the completion of the initial and extension phases of the RewinD-LB trial. During the quarter, CervoMed announced new Phase 2b RewinD-LB trial data and the appointment of Matthew Winton as Chief Commercial and Business Officer, as well as David Quigley to the Board of Directors. Initial biomarker data from a Phase 2a trial in frontotemporal dementia and topline results from a Phase 2a trial in stroke recovery are expected in 2026.

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