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IN BRIEF: Cambridge Cognition wins follow-on GBP2.2 million contract

Thu, 01st Sep 2022 18:00

Cambridge Cognition Holdings PLC - Cambridge-based brain health assessment software provider - Wins GBP2.2 million contract for providing cognitive assessments and electronic diaries for a neurodegenerative disease trial.

Revenue from the contract is expected over the next two financial years, and is a follow-on sale from a GBP2.1 million contract announced by Cambridge in early February.

"We are pleased to have further strengthened our relationship with this pharmaceutical customer that is committed to tackling neurodegenerative disease. Cambridge Cognition has a strong history of delivering cognitive assessments in the field, traditionally in clinics and now also at home," said Chief Executive Officer Matthew Stork.

Current stock price: 125.00 pence

12-month change: down 20%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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