Vigil Neuroscience Inc

NASDAQ VIGL

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Vigil Neuroscience Inc Gross Working Capital for the Trailing 12 Months (TTM) ending March 31, 2024: USD 97.00 M

Vigil Neuroscience Inc Gross Working Capital is USD 97.00 M for the Trailing 12 Months (TTM) ending March 31, 2024, a -86.16% change year over year. Gross working capital is a financial metric that represents the amount of a company's current assets available to cover its current liabilities and short-term debt obligations. It is calculated by subtracting the sum of current liabilities and short-term debt from the total current assets of a company. Gross working capital provides insights into a company's short-term liquidity and its ability to meet its financial obligations in the near future.
  • Vigil Neuroscience Inc Gross Working Capital for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 700.95 M, a 99.27% change year over year.
  • Vigil Neuroscience Inc Gross Working Capital for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 351.77 M.
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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