Cyclerion Therapeutics Partners with Medsteer to Advance CYC-126 Trials

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: 06 Jan 26

Source: NASDAQ.COM

Cyclerion Therapeutics Inc (CYCN) saw a significant price increase of 36.96%, crossing above its 5-day SMA, amid positive market conditions with the Nasdaq-100 up 0.42% and the S&P 500 up 0.19%.

The surge is attributed to Cyclerion's announcement of an exclusive collaboration with Medsteer to advance the clinical trials of CYC-126, aimed at treating treatment-resistant depression. This partnership is expected to enhance the efficiency of clinical development, with plans for a Phase 2 Proof of Concept trial set to begin in the second half of 2026. The market reacted positively, reflecting strong confidence in the collaboration's potential to drive future growth for Cyclerion.

This collaboration not only positions Cyclerion favorably within the healthcare sector but also highlights the increasing demand for innovative treatments in mental health, potentially attracting further investment and support for the company's initiatives.

CYCN

$1.45+Infinity%1D

Analyst Views on CYCN

About CYCN

Cyclerion Therapeutics, Inc. is a biopharmaceutical company dedicated to identifying, developing, and delivering therapies for central nervous system (CNS) diseases. The Company is focused on building a pipeline with therapeutics to treat certain neuropsychiatric diseases. It is focused on an individualized therapy for treatment-resistant depression (TRD) - a condition with significant unmet medical need. Its assets include Olinciguat and Praliciguat. The Company has entered into an exclusive license option agreement for its vascular soluble guanylate cyclase (sGC) stimulator, olinciguat. Praliciguat is an oral, once-daily, systemic sGC stimulator that is licensed to Akeibia Therapeutics, Inc and is being advanced in rare kidney disease.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Cyclerion Therapeutics Partners with Medsteer to Advance CYC-126 Trials

Analyst Views on CYCN

About CYCN

About the author

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