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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cambridge Cognition Holdings Plc | LSE:COG | London | Ordinary Share | GB00B8DV9647 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 52.00 | 51.00 | 53.00 | 52.00 | 52.00 | 52.00 | 4,800 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Pharmaceutical Preparations | 12.61M | -409k | -0.0117 | -44.44 | 18.12M |
TIDMCOG
Cambridge Cognition Holdings PLC
28 November 2017
Cambridge Cognition Holdings Plc
('Cambridge Cognition' or the 'Company')
Wearable technology demonstrates high compliance
The digital neuroscience company Cambridge Cognition Holdings plc, (AIM: COG, 'the Company'), which develops and markets software products to improve brain health, has released positive results from a pilot study to evaluate cognition and mood using wearable technology in patients with major depressive disorder (MDD) at the 2017 International CNS Summit in Boca Raton, FL.
The study was sponsored by Takeda Pharmaceuticals and used Cognition Kit(TM) technology, developed in a joint venture between Cambridge Cognition and Ctrl Group to measure mood and cognition in real world settings.
Collecting data in normal, day-to-day circumstances is a growing trend in the healthcare industry. Pharmaceutical companies now aim to demonstrate evidence of successful real world outcomes to differentiate their products in a competitive market while also satisfying the demands of payers and patients.
Real world evidence can help improve health outcomes for patients, reduce medical costs and demonstrate the cost-effectiveness of a treatment. However, conducting studies outside of a clinical setting and gaining compliance from patients when unsupervised has to date been challenging.
In the reported study, thirty participants aged 18-65 with a clinical diagnosis of mild to moderate depression who had been prescribed antidepressants took part over a 6-week period, being assessed daily at regular intervals on the Apple Watch(R) .
The researchers found that patients were highly compliant with the wearable Cognition Kit technology on a daily basis to evaluate their mood (95 percent compliant) and cognitive health (96 percent compliant).
The data collected with Cognition Kit shows how wearable technology can be used to collect real world evidence reliably even in challenging patient groups and how it may also aid communication between patients and clinicians, ensuring symptoms are detected early.
Dr. Francesca Cormack, Director of Research and Innovation, at Cambridge Cognition said: "We are delighted by the study results. These findings demonstrate that high frequency, near-patient testing using Cognition Kit software on wearable devices is accurate and well-tolerated by patients with excellent levels of compliance. This is of huge significance, demonstrating a feasible technology platform for enabling the pharmaceutical industry to collect real world evidence."
Nicole Mowad-Nassar, Vice President, External Partnerships, at Takeda Pharmaceuticals U.S.A. said: "This initiative is an excellent example of the work being done at Takeda to build a body of evidence for new ways of measuring outcomes in mental health. Technology like Cognition Kit allows us to create real time objective measurements for assessing effects in depression that could transform patient care by increasing our ability to estimate clinical conditions and support earlier engagement between the patient and clinician. We are encouraged by the study results and look forward to learning more about the intersection of technology and healthcare."
Enquiries
Cambridge Cognition Holdings PLC Steven Powell, Chief Executive Tel: 01223 810 Officer 700 Noah Konig, Director of Marketing press@camcog.com finnCap Ltd (NOMAD and Joint Broker) Tel: 020 7220 Geoff Nash / Simon Hicks 0500 Alice Lane (Corporate Finance) (Corporate Broking) Dowgate Capital Stockbrokers Limited Tel: 020 3903 (Joint Broker) 7715 David Poutney / James Serjeant IFC Advisory Ltd (Financial PR Tel: 020 3053 and IR) 8671 Tim Metcalfe / Graham Herring / Miles Nolan
About Cambridge Cognition
Cambridge Cognition is a neuroscience digital health company developing products to better understand, detect and treat brain health conditions. The company's cognitive technologies accelerate research and development of new treatments, enhance understanding of the brain and accurately measure cognitive health in patients worldwide.
For further information visit www.cambridgecognition.com
About Cognition Kit
Cognition Kit is a joint venture between Cambridge Cognition and Ctrl Group formed in 2016 to develop digital health tools on mobile and wearable devices. Cognition Kit software takes research out of the lab and into daily life, enabling doctors, scientists and the public to better understand and manage day-to-day brain health.
For further information visit www.cognitionkit.com
This information is provided by RNS
The company news service from the London Stock Exchange
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November 28, 2017 02:01 ET (07:01 GMT)
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