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In 2008, Allon reported Phase IIa results showing that the same product had a positive impact on memory function in patients with mild cognitive impairment, a precursor of Alzheimer's disease.
Allon was set up based on technology developed by Prof. Illana Gozes at the Weizmann Institute of Science and Tel Aviv University. The company has a market cap of $47.6 million. One of the main shareholders is the entrepreneur Efi Gildor.
The company claims that most existing schizophrenia treatments are aimed at preventing the psychotic attacks associated with the illness.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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