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Cognition Therapeutics Nets Venture Capital Debt

Thursday, April 03, 2014 5:55:00 AM PDT | VentureDeal

   Pittsburgh, Pennsylvania  --  Biotechnology company Cognition Therapeutics has secured nearly $6 million in new venture capital debt investment, according to an SEC regulatory filing.

Cognition is focused on developing small molecule therapeutics targeting the toxic proteins associated with Alzheimer's disease.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Cognition is still seeking $7.7 million in additional debt financing, according to the filing.

Minimum investment size per the filing is $3,000.

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