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COG.GB Cambridge Cognition Holdings PLC

54.50
0.00 (0.00%)
06:55:37 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Cambridge Cognition Holdings PLC AQSE:COG.GB Aquis Stock Exchange Ordinary Share GB00B8DV9647
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 54.50 51.00 58.00 54.50 54.50 54.50 0.00 06:55:37
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Cambridge Cognition Holdings PLC US regulatory clearance for CANTAB Mobile (0059V)

25/01/2017 7:00am

UK Regulatory


Cambridge Cognition (AQSE:COG.GB)
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RNS Number : 0059V

Cambridge Cognition Holdings PLC

25 January 2017

25 January 2017

Cambridge Cognition Holdings Plc

('Cambridge Cognition' or the 'Company')

Cambridge Cognition awarded US regulatory clearance for CANTAB Mobile

The neuroscience digital health company Cambridge Cognition Holdings PLC (Cambridge, UK - LSE: COG) has announced it has received 510(k) clearance from the U.S. Food and Drug Administration ('FDA') to market its CANTAB Mobile product as a medical device in the U.S.

CANTAB Mobile is designed to detect clinically-relevant memory impairment in older adults at the point of care. It includes a computerised test of visuospatial associative learning (CANTAB PAL) to assess episodic memory with optional mood and functional assessments, which can help to detect symptoms of depression and problems with performing regular activities of daily living.

The touchscreen test, which takes under 10 minutes to complete, can be self-administered using voiceover instructions in over 20 languages with automatic scoring, accounting for age, gender and education level. All results can be accessed in a simple to interpret, one-page physician's report using a traffic-light output for memory and mood outputs.

Since being classified as a European Medical Device in 2013, CANTAB Mobile has been used routinely to assess over 26,000 patients in the UK who had concerns about their memory or were considered by their physician to be at increased risk of dementia. The test is based on 30 years of research into Alzheimer's disease and over 500 peer-reviewed papers including independent studies demonstrating how the CANTAB Mobile memory assessment is sensitive to detecting the earliest signs of prodromal Alzheimer's disease years before a clinical diagnosis(1) .

The 510(k) clearance for CANTAB Mobile allows Cambridge Cognition to market the medical device for commercial distribution in the U.S. where significant interest in the product has developed among primary and secondary care organisations and corporate health providers.

Dr Steven Powell, Chief Executive Officer, Cambridge Cognition, commented: "There is a great unmet need for effective near patient assessment tools to assess memory impairment. CANTAB Mobile is an established and proven digital health product and we are delighted to announce the 510(k) clearance. Access to the large US healthcare market combined with the recent investment in our U.S. operation will help underpin the Company's revenues and its continued growth."

(1)

Swainson, R., Hodges, J.R., Galton C.J., Semple, J. Michael A., Dunn B.D., ...Sahakian B.J. (2001). Early detection and differential diagnosis of Alzheimer's disease and depression with neuropsychological tasks. Dementia & Geriatric Cognitive Disorders, 12, 265-280.

Fowler, K.S., Saling, M.M., Conway, E.L., Semple, J.M. & Louis, W.J. (2002). Paired associate performance in the early detection of DAT. Journal of the International Neuropsychological Society, 8, 58-71.

Blackwell, A.D., Sahakian, B.J, Vesey, R., Semple, J.M., Robbins, T.W. & Hodges, J.R. (2004). Detecting dementia: novel neuropsychological markers of preclinical Alzheimer's disease. Dementia & Geriatric Cognitive Disorders, 17, 42-48.

Notes to editors

About Cambridge Cognition Holdings PLC

Cambridge Cognition is a neuroscience digital health company specialising in the precise measurement of clinical outcomes in neurological disorders. The Company develops and markets validated near patient assessment products using cognition as a biomarker to improve understanding, diagnosis and treatment in brain health worldwide.

Partners include the world's leading drug development companies, academic institutions and public-private health organisations.

   www.cambridgecognition.com                  @CANTABconnect                       press@camcog.com 

Enquiries

 
 Cambridge Cognition Holdings PLC 
  Steven Powell, Chief Executive          Tel: 01223 810 
  Officer                                 700 
  Noah Konig, Director of Marketing       press@camcog.com 
  and Communications 
 finnCap Ltd (NOMAD and Joint Broker)   Tel: 020 7220 
  Geoff Nash / Simon Hicks               0500 
  Alice Lane                             (Corporate Finance) 
                                         (Corporate Broking) 
 Hybridan LLP (Joint Broker)            Tel: 020 3764 
                                         2341 
  Claire Noyce                           (Corporate Broking) 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 25, 2017 02:00 ET (07:00 GMT)

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