Craft

CervoMed

Stock Price

$13.5

2024-10-29

Market Capitalization

$111.3 M

2024-10-29

Revenue

$4 M

FY, 2025

CervoMed Summary

Company Summary

Overview
CervoMed (formerly known as Diffusion Pharmaceuticals) is a drug-discovery and development company that commercializes small-molecule therapeutics to treat serious or life-threatening medical conditions by increasing the amount of oxygen to hypoxic tissues. Its products include trans sodium crocetin and trans bipolar carotenoid molecules, for treating life-threatening conditions, such as trauma, cancer, stroke, cardiovascular diseases, respiratory disorders, peripheral vascular and arterial diseases, and various other conditions.
Type
Public
Status
Active
Founded
2001
HQ
Charlottesville, VA, US | view all locations
Website
https://www.cervomed.com/
Cybersecurity rating
Sectors

Key People

  • Bill Hornung

    Bill Hornung, Chief Financial Officer

    • David G. Kalergis, Co-Founder and Chairman

      • Robert Cobuzzi

        Robert Cobuzzi, President, Chief Executive Officer and Board Member

        • John L. Gainer, Co-Founder and Member

          LocationsView all

          1 location detected

          • Charlottesville, VA HQ

            United States

            1317 Carlton Ave #400

          CervoMed Financials

          Summary Financials

          Revenue (FY, 2025)
          $4.0M
          Net income (FY, 2025)
          ($27.0M)
          Cash (FY, 2025)
          $8.2M
          EBIT (FY, 2025)
          ($28.3M)

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