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CervoMed CRVO · USD

Health Care · US listing · 🇺🇸 United States

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1.43

+0.70%

Close of 9 Nov 2026, in USD

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About CervoMed

From its filings with the US Securities and Exchange Commission

SEC filings

CervoMed is based in Boston, Massachusetts and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker CRVO. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported revenue of $4.0m and a net loss of $27.0m. At that date it held total assets of $22.9m and shareholders' equity of $18.2m.

In its own words

We are a clinical-stage biotechnology company developing treatments for age-related brain disorders. Our lead drug candidate, neflamapimod, is an investigational, orally administered small-molecule drug that readily crosses the blood brain barrier and selectively inhibits the enzyme p38α, a key driver of neuroinflammation and synaptic dysfunction. By targeting the critical disease processes underlying degenerative disorders of the brain, neflamapimod has the potential to reverse synaptic dysfunction, improve neuron health, and slow or prevent disease progression. Neflamapimod is currently in clinical development for the treatment of DLB, our lead indication, as well as nfvPPA, RAS, and ALS.

Our novel approach focuses on reducing the impact of neuroinflammation, which we believe is a key factor in the manifestation of degenerative diseases of the brain. Chronic activation of p38α in the brains of people with certain neurodegenerative diseases is believed to impair how neurons communicate through synapses. This synaptic dysfunction leads to deterioration of cognitive and motor abilities. Left untreated, synaptic dysfunction can result in irreversible neuronal loss that leads to devastating disabilities, significant reliance on a caretaker, long term care living, and, ultimately, death. However, before neuronal loss commences, disease progression in many major neurodegenerative disorders, including DLB, initially involves a protracted period of reversible functional loss, particularly with respect to the synapses.

Quoted from its 10-K, filed 13 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
9 Nov 2016
Employees
13
Head office
20 PARK PLAZA, BOSTON, MA, 02116
Incorporated in
DE
Classification
Pharmaceutical Preparations
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Dr. Joshua BogerIndependent Chairman of the Board$228,205
  • Mr. John AlamPresident, Chief Executive Officer, Director, since 2023$1.0m
  • Mr. William ElderChief Financial Officer, General Counsel, Corporate Secretary$651,749
  • Ms. Kelly BlackburnExecutive Vice President - Clinical Development$465,740
  • Dr. Mark De RoschExecutive Vice President - Regulatory and Government Affairs and Program Management
  • Dr. Marco VerwijsExecutive Vice President - Technical Operations
  • Dr. Robert CobuzziDirector, since 2020$813,233
  • Dr. Sylvie GregoireDirector, since 2023$114,953
  • Mr. David QuigleyDirector
  • Ms. Jane HollingsworthIndependent Director$132,916
  • Mr. Jeffrey PoultonIndependent Director$132,416
  • Dr. Marwan SabbaghIndependent Director$116,416

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • CervoMed Inc. has a lead product candidate, neflamapimod, in Phase IIb clinical trials for dementia with Lewy Bodies.
  • The company's wholly owned subsidiary EIP Pharma Inc. supports its biotechnology research and development efforts.
  • CervoMed Inc. focuses on CNS-focused therapeutics targeting degenerative brain diseases with high unmet medical needs.

Weaknesses

  • CervoMed Inc. has only 13 full-time employees, which may limit its operational capacity.
  • The company's IPO in 2016 has not yet resulted in significant commercial revenue generation.
  • CervoMed Inc. operates as a clinical-stage biotechnology company without approved products on the market.

Opportunities

  • The Phase IIb study for neflamapimod in dementia with Lewy Bodies could lead to a new treatment option for neurodegenerative diseases.
  • Expanding clinical trials for neflamapimod to other neurodegenerative conditions like early Alzheimer’s disease presents growth potential.
  • The company's focus on synaptic dysfunction offers a unique approach to treating reversible aspects of neurodegenerative processes.

Threats

  • The failure of neflamapimod in Phase IIb trials could halt the company's primary therapeutic development.
  • Regulatory hurdles in the biotechnology sector may delay approval of new treatments like neflamapimod.
  • Competition from other biotech firms developing CNS-focused therapeutics poses a risk to CervoMed's market position.

Sources and methodology

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