Vigil Neuroscience Inc

NASDAQ VIGL

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Vigil Neuroscience Inc Days Inventory Outstanding (DIO) 1 year YoY Change (%) for the quarter ending September 19, 2024

Vigil Neuroscience Inc Days Inventory Outstanding (DIO) 1 year YoY Change (%) is NA for the quarter ending September 19, 2024. The days inventory outstanding ratio measures the average number of days it takes for a company to sell its inventory. It is calculated by dividing inventory by the cost of revenue and then multiplying by 365. This ratio indicates the average number of days inventory is held before being sold. A lower number of days suggests faster inventory turnover and efficient inventory management. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
NASDAQ: VIGL

Vigil Neuroscience Inc

CEO Dr. Ivana Magovcevic-Liebisch J.D., Ph.D.
IPO Date Jan. 7, 2022
Location United States
Headquarters 1 Broadway, Cambridge, MA, United States, 02142
Employees 65
Sector Healthcare
Industry Biotechnology
Description

Vigil Neuroscience, Inc., a clinical-stage biotechnology company, focuses on developing treatments for rare and common neurodegenerative diseases by restoring the vigilance of microglia, the sentinel immune cells of the brain. Its lead candidate is VGL101(Iluzanebart), a human monoclonal antibody agonist targeting human triggering receptor expressed on myeloid cells 2 and is in a Phase 2 trial in patients with adult-onset leukoencephalopathy with axonal spheroids and pigmented glia (ALSP), a rare and fatal neurodegenerative disease. The company is also developing VG-3927, an orally-available small molecule TREM2 agonist to treat common neurodegenerative diseases associated with microglial dysfunction, with an initial focus on Alzheimer's disease in genetically defined subpopulations, which is being evaluated in a Phase 1 clinical trial. It has license agreement with Amgen Inc. to commercially develop, manufacture, use, distribute, and sell therapeutic products containing compounds that bind to TREM2. The company was incorporated in 2020 and is headquartered in Watertown, Massachusetts.

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StockViz Staff

September 19, 2024

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