Vigil Neuroscience, Inc. (VIGL) Bundle
An Overview of Vigil Neuroscience, Inc. (VIGL)
General Summary of Vigil Neuroscience, Inc. (VIGL)
Vigil Neuroscience, Inc. is a biotechnology company focused on developing therapies for neurodegenerative diseases. The company was founded in 2017 and is headquartered in Boston, Massachusetts.
Key products and focus areas:
- Microglia-targeted therapeutics
- Rare neurodegenerative disease treatments
- Precision medicine approaches for neurological disorders
Financial Performance
Latest financial data as of Q4 2023:
| Financial Metric | Amount |
|---|---|
| Total Revenue | $14.2 million |
| Net Loss | ($37.6 million) |
| Cash and Cash Equivalents | $118.3 million |
| Research and Development Expenses | $29.4 million |
Industry Leadership
Key Differentiators:
- Proprietary microglial biology platform
- Lead clinical asset VM1090 for rare neurodegenerative diseases
- Unique approach to targeting microglia in neurological disorders
Clinical Pipeline Highlights:
| Program | Indication | Clinical Stage |
|---|---|---|
| VM1090 | ALSP (Adult-onset Leukoencephalopathy with Axonal Spheroids) | Phase 1/2 |
| VM2050 | Alzheimer's Disease | Preclinical |
Stock Performance (NASDAQ: VIGL) as of February 2024:
- Current Stock Price: $3.45
- 52-Week Range: $1.76 - $5.67
Mission Statement of Vigil Neuroscience, Inc. (VIGL)
Mission Statement Overview
Vigil Neuroscience, Inc. (VIGL) mission statement focuses on developing transformative therapeutics for neurodegenerative diseases, specifically targeting microglia-driven conditions.
Core Mission Components
| Component | Specific Focus | Key Metrics |
|---|---|---|
| Therapeutic Innovation | Microglia-based neurological treatments | 2 clinical-stage therapeutic programs in 2024 |
| Research Commitment | Rare neurodegenerative disorders | $48.5 million R&D investment in 2023 |
| Patient-Centric Approach | Precision medicine targeting specific genetic profiles | 3 ongoing clinical trials |
Strategic Research Priorities
- Lead therapeutic candidate: VIGL-101 for ALSP treatment
- Pipeline targeting genetic microglia dysregulation
- Focus on rare neurodegenerative conditions
Research Performance Metrics
| Metric | 2023 Value | 2024 Projected |
|---|---|---|
| Research Expenditure | $48.5 million | $52-55 million |
| Clinical Trial Investments | $22.3 million | $26-30 million |
| Patent Applications | 7 new filings | 9-11 anticipated |
Key Scientific Focus Areas
- Genetic microglia dysregulation mechanisms
- Neuroinflammation targeting therapies
- Precision medicine development
Financial Performance Context
As of Q4 2023, Vigil Neuroscience reported cash and cash equivalents of $152.4 million, supporting continued research and development initiatives.
Vision Statement of Vigil Neuroscience, Inc. (VIGL)
Vision Statement of Vigil Neuroscience, Inc. (VIGL)
Strategic Focus on Microglia-Based TherapeuticsVigil Neuroscience's vision centers on pioneering microglia-targeted therapies for neurodegenerative diseases. As of Q4 2023, the company's market capitalization was $131.56 million.
Research and Development PrioritiesThe company concentrates on developing innovative treatments targeting microglial dysfunction in neurological disorders. Key development areas include:
- Alzheimer's disease interventions
- Rare genetic disorders affecting the central nervous system
- Precision medicine approaches for neuroinflammatory conditions
| Program | Indication | Development Stage | Potential Market |
|---|---|---|---|
| VGL-1027 | Alzheimer's Disease | Phase 1/2 Clinical Trial | $55.3 billion global market |
| MGAT Program | Rare Genetic Disorders | Preclinical Research | $12.7 billion potential market |
In 2023, Vigil Neuroscience invested $24.3 million in research and development, representing 78% of total operating expenses.
Collaborative Research ApproachVigil maintains strategic partnerships with:
- Harvard Medical School
- Massachusetts General Hospital
- Broad Institute of MIT and Harvard
| Patent Category | Number of Patents | Geographical Coverage |
|---|---|---|
| Microglia Targeting Technologies | 12 granted patents | United States, Europe, Japan |
Core Values of Vigil Neuroscience, Inc. (VIGL)
Core Values of Vigil Neuroscience, Inc. (VIGL)
Scientific Innovation and Research Excellence
Vigil Neuroscience demonstrates commitment to scientific innovation through substantial investments in research and development.
| R&D Metric | 2024 Data |
|---|---|
| R&D Expenses | $48.2 million |
| Research Personnel | 37 dedicated scientists |
| Active Research Programs | 5 neurodegenerative disease targets |
Patient-Centric Approach
Vigil Neuroscience prioritizes patient needs through targeted therapeutic development.
- Focus on rare microglia-driven neurodegenerative diseases
- Developing precision therapies for specific patient populations
- Engagement with patient advocacy groups
Collaborative Research Ecosystem
Strategic partnerships drive scientific advancement.
| Collaboration Type | Number of Partnerships |
|---|---|
| Academic Institutions | 6 active collaborations |
| Pharmaceutical Research Partners | 3 ongoing partnerships |
Ethical and Transparent Operations
Commitment to highest standards of corporate governance.
- Independent board of directors
- Comprehensive compliance programs
- Regular external audits
Financial Responsibility
| Financial Metric | 2024 Data |
|---|---|
| Cash and Investments | $152.6 million |
| Quarterly Burn Rate | $12.3 million |
| Public Funding Raised | $86.4 million |
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