AI assistant
COGSTATE LTD — Board/Management Information 2014
Apr 27, 2014
64644_rns_2014-04-27_45c98dc0-5c3e-48f9-b451-2459315841b7.pdf
Board/Management Information
Open in viewerOpens in your device viewer
==> picture [114 x 101] intentionally omitted <==
ASX Announcement
Melbourne, 28 April 2014
Company Secretary Announcement
Cogstate Limited (ASX:CGS) refers to its announcement dated 24 May 2013 regarding the maternity leave of Ms Claire Newstead-Sinclair and the additional appointment of Ms Mark Edwards as Joint Company Secretary of Cogstate and advises that in accordance with ASX Listing Rule 3.16.1, Mr Edward’s appointment as Joint Company Secretary has ended with the recent return of Ms Newstead-Sinclair.
The Board acknowledges and appreciates the contribution that Mr Edwards has made to the Company and wishes him all the very best in the future.
For further information contact:
Kyahn Williamson Buchan Consulting +61 3 9866 4722 or 0401 018 828 [email protected]
Brad O’Connor Cogstate Chief Executive Officer +61 3 9664 1300 or 0411 888 347 [email protected]
About Cogstate
Cogstate Ltd (ASX: CGS) is a multi-faceted cognitive assessment and training company, focused on the development and commercialisation of rapid, computerised tests of cognition (brain function). It has three distinct business units:
Clinical Trials: In the clinical drug trial market, Cogstate technology and associated services are used by pharmaceutical and biotechnology companies to quantify the effect of drugs or other interventions on human subjects participating in clinical trials. Since sales into the clinical trials market began in 2004, Cogstate has secured agreements with top pharmaceutical companies including Pfizer, AstraZeneca, Bristol-Myers Squibb, GlaxoSmithKline, Johnson & Johnson, Novartis, Lundbeck, Dainippon Sumitomo, Targacept, Otsuka, and Servier.
Axon Sports: The mission of Axon Sports is to “protect and train the athletic brain”. Axon’s focus is to research, develop and deliver cutting edge tools to assess, monitor and improve the athletic brain.
Axon has been developing sport specific training products, initially focussed on American football and baseball, and the resulting technologies have now been launched within a small number of elite US college programs. In addition, the first of Axon’s consumer iPad apps was launched in 2012.
In the area of sports related concussion, Cogstate’s technology has been used by a number of highly regarded institutions and sporting organisations around the world for almost 10 years. That technology is now marketed to consumers as Axon Sports. Current users of Cogstate/Axon Sports in Australia include the AFL and NRL, whilst in the USA elite programs such as the NBA, WNBA, NHL as well as college programs such as University of Notre Dame, University of Michigan and University of Connecticut all use the Axon Sports system.
Healthcare: In the primary care or general practice setting, the Cogstate’s COGNIGRAM ™ assesses cognition in patients and the reports generated on the basis of this assessment can allow physicians to identify subtle changes that could be indicative of the early stage of a neurodegenerative disease, such as Alzheimer’s disease. Cogstate intends to develop COGNIGRAM ™ to monitor changes in cognitive function following concussion or after treatment with drugs or other types of interventions. In June 2012, Cogstate entered into an agreement with Merck Canada Inc. providing it with the exclusive right to market and promote COGNIGRAM ™ in Canada.