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Why the Cogstate (ASX:CGS) share price is rising today

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The CogState Limited (ASX: CGS) share price is currently rising as the company announced a business update to the market. Shares in the small cap healthcare company are currently rising by 5.82%. This takes the Cogstate share price to $1.00.

Business update

The Cogstate share price is rising today as the company announced a business update regarding the company’s quarterly sales results.

The company announced that its clinical trials sales contracts executed in the third quarter of FY21 total US$10.7 million. This means Cogstate’s total value of sales executed so far this financial year amounts to US$33.3 million.

Cogstate half year report

Cogstate released its business report today following the announcement of the company’s…



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