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Benzinga
Benzinga
Business
Adam Eckert

Why Longeveron Shares Are Surging Today

Longeveron Nasdaq

Longeveron Inc (NASDAQ:LGVN) shares are trading higher Thursday after the company announced the publication of results from a Phase 1 trial testing Lomecel-B on patients with mild Alzheimer's disease in "Alzheimer's & Dementia: The Journal of the Alzheimer's Association."

The trial met its primary endpoint, demonstrating that Lomecel-B was well tolerated in this patient population. In addition, the data provided indications supporting further exploration of Lomecel-B, particularly the therapeutic potential to slow cognitive decline and improve quality of life in patients with Alzheimer's.

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