Vigil Neuroscience Inc

NASDAQ VIGL

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Vigil Neuroscience Inc Debt to Capital Ratio 2 year CAGR for the quarter ending September 20, 2024

Vigil Neuroscience Inc Debt to Capital Ratio 2 year CAGR is NA for the quarter ending September 20, 2024. The debt to capital ratio measures the proportion of a company's total capitalization that is financed by debt. It is calculated by dividing total debt by the sum of total debt and shareholders' equity. This ratio provides insights into the capital structure and financial risk of the company. A higher ratio indicates a greater reliance on debt financing. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
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 20, 2024

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