{"id":44541,"date":"2022-06-01T00:01:34","date_gmt":"2022-05-31T22:01:34","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/alpha-cognition-announces-grant-of-stock-options\/"},"modified":"2022-06-01T00:01:34","modified_gmt":"2022-05-31T22:01:34","slug":"alpha-cognition-announces-grant-of-stock-options","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/alpha-cognition-announces-grant-of-stock-options\/","title":{"rendered":"Alpha Cognition Announces Grant of Stock Options"},"content":{"rendered":"<div>\n<p>VANCOUVER, British Columbia&#8211;(BUSINESS WIRE)&#8211;<b>Alpha Cognition Inc. (TSX-V: ACOG) (OTCQB: ACOGF) <\/b>(\u201cAlpha Cognition,\u201d or the \u201cCompany\u201d), a biopharmaceutical company committed to developing novel therapies with the potential to transform the lives of people with debilitating neurodegenerative disorders, announces the grant of stock options pursuant to its stock option plan to certain directors of the Company to purchase up to an aggregate of 400,000 common shares of the Company. The stock options are exercisable at a price of $0.64 CAD per share and expire ten years from the date of grant, subject to certain vesting provisions.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20220531006021\/en\/1472236\/5\/Alpha_Cognition_Inc._-_Logo_Left_Side%2C_Dark_Colour.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220531006021\/en\/1472236\/21\/Alpha_Cognition_Inc._-_Logo_Left_Side%2C_Dark_Colour.jpg\"><\/a><\/p>\n<p>\n<b>About Alpha Cognition Inc.<\/b>\n<\/p>\n<p>\nAlpha Cognition Inc. is a clinical stage, biopharmaceutical company dedicated to developing treatments for under-served neurodegenerative diseases, such as Alzheimer&#8217;s Dementia and Amyotrophic Lateral Sclerosis (ALS).\n<\/p>\n<p>\nALPHA-1062, is a patented new chemical entity that has demonstrated safety and improved tolerability in human clinical trials. It is being developed as a new generation acetylcholinesterase inhibitor for the treatment of Alzheimer&#8217;s disease, with minimal gastrointestinal side effects and novel routes of administration. ALPHA-1062&#8217;s active metabolites are differentiated from donepezil and rivastigmine in that they may sensitize neuronal nicotinic receptors, most notably the alpha-7 subtype, which is known to have a positive effect on cognition. ALPHA-1062 is also being developed in combination with memantine to treat moderate to severe Alzheimer&#8217;s dementia and in a nasal spray formulation to treat traumatic brain injury.\n<\/p>\n<p>\nALPHA-0602 (Progranulin) is expressed in several cell types in the central nervous system and in peripheral tissues, regulates cell survival and certain inflammatory processes, and plays a major role in regulating lysosomal function and microglial responses to disease. Its use for the treatment of neurodegenerative diseases has been patented by the Company and granted an Orphan Drug Designation.\n<\/p>\n<p>\n<i>Neither TSX Venture Exchange (the \u201cTSX-V\u201d), OTC Markets Group, nor the TSX-V\u2019s Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.<\/i>\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nBristol Investor Relations<br \/>\n<br \/>Stefan Eftychiou<br \/>\n<br \/>905 326 1888 ext 6<br \/>\n<br \/><a target=\"_blank\" href=\"&#x6d;a&#x69;&#108;t&#x6f;&#58;&#x73;&#x74;e&#x66;&#97;n&#x40;&#98;&#x72;&#105;s&#x74;&#111;l&#x69;&#114;&#x2e;&#99;o&#x6d;\" rel=\"nofollow noopener\" shape=\"rect\">&#x73;t&#x65;&#102;a&#x6e;&#64;&#x62;&#x72;i&#x73;&#116;o&#x6c;&#105;&#x72;&#46;c&#x6f;&#109;<\/a><br \/><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.newsfilecorp.com%2Fredirect%2FwmMYcbYkr&amp;esheet=52735818&amp;newsitemid=20220531006021&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.alphacognition.com%2F&amp;index=1&amp;md5=12e59bcbc9209616cf5bb913fcc52f43\" rel=\"nofollow noopener\" shape=\"rect\">https:\/\/www.alphacognition.com\/<\/a>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia&#8211;(BUSINESS WIRE)&#8211;Alpha Cognition Inc. (TSX-V: ACOG) (OTCQB: ACOGF) (\u201cAlpha Cognition,\u201d or the \u201cCompany\u201d), a biopharmaceutical company committed to developing novel therapies with the potential to transform the lives of people with debilitating neurodegenerative disorders, announces the grant of stock options pursuant to its stock option plan to certain directors of the Company to &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/alpha-cognition-announces-grant-of-stock-options\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-44541","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alpha Cognition Announces Grant of Stock Options - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/alpha-cognition-announces-grant-of-stock-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alpha Cognition Announces Grant of Stock Options - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia&#8211;(BUSINESS WIRE)&#8211;Alpha Cognition Inc. (TSX-V: ACOG) (OTCQB: ACOGF) (\u201cAlpha Cognition,\u201d or the \u201cCompany\u201d), a biopharmaceutical company committed to developing novel therapies with the potential to transform the lives of people with debilitating neurodegenerative disorders, announces the grant of stock options pursuant to its stock option plan to certain directors of the Company to ... 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