Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 0.1M |
Gross Profit | -0.1M |
Operating Expense | 21.3M |
Operating I/L | -21.4M |
Other Income/Expense | 1.5M |
Interest Income | 1.5M |
Pretax | -19.9M |
Income Tax Expense | 0.1M |
Net Income/Loss | -19.9M |
Vigil Neuroscience, Inc. is a biopharmaceutical company specializing in the development of disease-modifying therapeutics for neurodegenerative diseases. Their lead product candidate, VGL101, is a monoclonal antibody designed to activate TREM2 and is in Phase I for the treatment of adult-onset leukoencephalopathy with axonal spheroids and pigmented glia, cerebral adrenoleukodystrophy, and Alzheimer's disease. Additionally, the company is developing a small molecule TREM2 agonist for oral delivery to address common neurodegenerative diseases associated with microglial dysfunction.