Saturday, May 31, 2025

Latest

Cognetivity’s Assessment Tool To Be Deployed At KetamineOne Clinics Across North America

Cognetivity Neurosciences (CSE: CGN) will soon see its cognitive assessment tool for the early detection of changes in cognitive performance arrive in North America. The company this morning announced an agreement with KetamineOne Capital (NEO: MEDI) for the deployment of the tool at its clinics across the continent.

The tool, referred to as ICA, is to be utilized by KetamineOne as a long-term monitoring solution in patients that currently have both treatment-resistant depression as well as post-traumatic stress disorder. The tool will enable the company to measure the efficacy of treatment options utilized on the patient, enabling the refinement of outcomes.

The duo have also entered into a letter of intent, focused on collaborating on mental health assessments as well as conducting clinical trials within the KetamineOne clinic network, as Cognetivity works to further develop mental health assessment tools.

“We’re very excited about this deployment, which will see the ICA used in clinical care in North America for the very first time. This is a key step in our plans for commercial rollout across the US and Canadian healthcare markets and indeed throughout the world. It is also fantastic to see the ICA making its mark in another area of medicine beyond its core use case of enhancing dementia detection and diagnosis,” commented Cognetivity CEO Dr Sina Habibi.

The step into mental health monitoring through the cognitive assessment tool dramatically increases the total addressable market for the company. Mental health conditions are estimated to cost more than 12 billion working days per year, with the market for anxiety and depression treatments alone estimated at US$238 billion.

A timeline for the rollout of the ICA within KetamineOne clinics was not provided.

Cognetivity Neurosciences last traded at $0.76 on the CSE, while KetamineOne last traded at $1.45 on the Neo.


FULL DISCLOSURE: Cognetivity Neurosciences Ltd is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Cognetivity Neurosciences Ltd on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Cognetivity Neurosciences Sees Former UK Health Minister Appointed To Advisory Board

Cognetivity Neurosciences (CSE: CGN) this morning announced that it has added a former UK Health...

Monday, April 12, 2021, 09:09:04 AM

KetamineOne Adds Two Texas Locations To Clinical Network

KetamineOne Capital (NEO: MEDI) has continued to expand its presence across North America. The firm...

Wednesday, September 8, 2021, 09:03:17 AM

Cognetivity: Utilizing AI for Early Alzheimer’s Intervention

Sina Habibi, Co-founder & CEO of Cognetivity Neurosciences (CSE: CGN) sits down with us today...

Wednesday, June 14, 2023, 01:30:00 PM

Cognetivity Enters Paid Pilot Program With Japanese Insurance Giant

Cognetivity Neurosciences (CSE: CGN) appears to be on a roll when it comes to establishing...

Thursday, July 21, 2022, 08:25:36 AM

Cognetivity: Echelon Raises Price Target To $1.50 After Biogen Approval

Monday was a very big day for companies who are in the business to help...

Wednesday, June 9, 2021, 11:22:00 AM