Why Is CING Stock Jumping Over 4% In Overnight Trading?
Cingulate Inc. (CING) shares rose more than 4% in overnight trading after the USPTO allowed a patent application for a “Trimodal, Precision-Timed Pulsatile Release Tablet” tied to its ADHD drug platform. CING said the allowed status follows a filing in Nov 2023 and comes ahead of an FDA decision on CTx-1301, with a May 31 PDUFA target date.

