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Synaptogenix, Inc. - Common Stock (SNPX)

2.0201
-0.2499 (-11.01%)
NASDAQ · Last Trade: Apr 4th, 8:15 PM EDT
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Competitors to Synaptogenix, Inc. - Common Stock (SNPX)

Alzheon, Inc.

Alzheon, Inc. develops new treatments for Alzheimer’s disease, focusing on unique molecular pathways that influence disease progression. Both companies target similar patient demographics; however, Alzheon has advanced further in clinical trials with its lead drug candidate, which presents a more immediate competitive threat to Synaptogenix. The advanced stage of Alzheon’s pipeline grants it a strategic advantage and showcases a stronger potential for commercialization.

Cogstate Limited

Cogstate Limited, like Synaptogenix, focuses on developing cognitive assessment tools primarily in the field of neuroscience and Alzheimer's disease. Both companies strive to improve cognitive outcomes in patients through their respective proprietary technologies. However, Cogstate has established partnerships with numerous pharmaceutical companies and gained recognition for its digital cognitive assessments, which gives it a competitive advantage in terms of market reach and credibility.

Eisai Co., Ltd.

Eisai Co., Ltd. is a multinational pharmaceutical company with a focus on neurology and oncology. While Synaptogenix is primarily involved in developing treatments for dementia, Eisai has a more extensive pipeline and established portfolio of Alzheimer’s disease therapies, including the recently marketed drug Leqembi. Its size and resources allow Eisai to outperform Synaptogenix by leveraging larger clinical trials and broader distribution networks.

Neurotrope, Inc. NTRP +12.59%

Neurotrope, Inc. focuses on developing therapies for Alzheimer’s disease as well, with its lead product candidate targeting cognitive impairment. Both companies address similar conditions; however, Neurotrope has partnered with various research institutions and has seen significant investment in its clinical trials, contributing to a more robust operational structure. This translates to a competitive edge in raising funds and attracting talent within the space.

Prothena Corporation plc PRTA -4.06%

Prothena Corporation plc is a clinical-stage biotechnology company that focuses on discovering and developing therapies for neurodegenerative diseases. The company's emphasis on disease-modifying therapies for Alzheimer's provides it a niche similar to Synaptogenix but with a more robust pipeline and diverse funding sources. This breadth of development gives Prothena a competitive advantage over Synaptogenix in terms of resources for research and development.