Actinogen (ASX:ACW) share price surges 23% today, 165% this year

Actinogen Medical Ltd (ASX: ACW) shares are rocketing higher today and have now gained 165% since the start of 2021.

At the time of writing, the Actinogen share price is trading 23.26% higher for the day so far at 5.3 cents, up from just 2 cents at the start of March.

The company’s focus is the development of Xanamem, a novel treatment for Alzheimer’s disease and the cognitive deficiency associated with other neurological and metabolic diseases.

What’s been driving the Actinogen share price?

Whilst there is no news out of the company today, it’s possible the Actinogen share price is still riding the wave of several announcements released by the company over the last couple of months. At the end of March, Actinogen director…