Acumen Pharmaceuticals, Inc. Stock Price, News & Analysis

Acumen Pharmaceuticals (NASDAQ: ABOS) announced progress in its Phase 1 INTERCEPT-AD trial for ACU193, targeting early Alzheimer’s disease, with enrollment expected to complete by Q1 2023. The FDA granted Fast Track designation to ACU193, facilitating closer collaboration during development. As of September 30, 2022, Acumen reported cash and equivalents of $200.2 million, expected to fund operations through 2025. Q3 2022 net loss was $10.7 million, up from $3.9 million in Q3 2021, primarily due to increased R&D and G&A expenses. A conference call detailing these updates took place on November 14, 2022.

Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) will participate in a fireside chat at the Stifel Healthcare Conference on November 16, 2022, at 4:10 p.m. ET. The live webcast will be accessible under the Investors tab on Acumen's website, where it will be archived for 14 days.

Acumen focuses on developing novel therapeutics for Alzheimer’s disease, targeting toxic soluble AβOs with its investigational product candidate, ACU193, currently in a Phase 1 clinical trial for early Alzheimer’s patients.

Acumen Pharmaceuticals (NASDAQ: ABOS) will announce its Q3 2022 financial results on November 14, 2022, followed by a conference call at 4:30 p.m. ET. This call aims to provide a comprehensive business and financial update regarding the company's operations. Acumen is focused on developing innovative therapeutics for Alzheimer's disease, specifically targeting soluble AβOs with its candidate ACU193 in a Phase 1 clinical trial.

Acumen Pharmaceuticals announced the publication of its clinical development plan for ACU193, a monoclonal antibody targeting toxic soluble amyloid beta oligomers, in the Journal of Prevention of Alzheimer’s Disease. The ongoing Phase 1 clinical trial, INTERCEPT-AD, aims to evaluate the safety and efficacy of ACU193 in early Alzheimer’s disease patients. The FDA has granted Fast Track designation for this therapy, which may accelerate its path to market. Future trial phases will be guided by safety, pharmacokinetics, and cognitive measures for potential registration.

Acumen Pharmaceuticals (NASDAQ: ABOS) announced that its investigational drug, ACU193, has received Fast Track designation from the FDA for treating early Alzheimer’s disease. ACU193 targets toxic soluble amyloid beta oligomers, which are believed to contribute to neurodegeneration. Currently in the Phase 1 INTERCEPT-AD trial, the drug aims to establish safety and proof of mechanism with 62 participants. The Fast Track status facilitates closer collaboration with the FDA, enhancing the potential for expedited review and approval.

Acumen Pharmaceuticals (NASDAQ: ABOS) reported financial results for Q2 2022, revealing a cash balance of $209.9 million as of June 30, anticipated to fund operations until 2025. The ongoing INTERCEPT-AD Phase 1 trial for ACU193 aims to deliver topline results in H1 2023, with 15 active clinical sites currently enrolling patients. R&D expenses surged to $7.3 million, reflecting increased clinical trial costs. Net loss decreased to $10.2 million compared to $61.4 million a year prior, influenced by significant prior year non-cash expenses.

Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) will announce its Q2 2022 financial results on August 15, 2022, followed by a conference call at 4:30 p.m. ET. The company focuses on novel therapies for Alzheimer’s disease and is advancing its investigational drug, ACU193, in a Phase I clinical trial. Acumen has established itself in the biopharmaceutical sector, targeting the toxic Aβ oligomers linked to Alzheimer’s pathology. The audio from the call will be accessible via their website, with an archived version available for 30 days.

Acumen Pharmaceuticals has developed a synthetic model for soluble amyloid beta oligomers (AβOs), crucial for Alzheimer’s disease research. This model aims to standardize assays for AβOs, which have been challenging to study due to their complexity. The methodology will be presented at the Alzheimer’s Association International Conference (AAIC) from July 31 to August 4, 2022. The ongoing Phase 1 clinical trial of ACU193, targeting toxic AβOs, is expected to yield important data to advance Alzheimer’s research.

Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) announced its participation in two upcoming major conferences focusing on Alzheimer's disease. At the Alzheimer’s Association International Conference (AAIC) in San Diego, the company will present a poster on August 3, 2022, detailing their research on amyloid beta oligomers. Additionally, Dr. Eric Siemers, Chief Medical Officer, will speak at the BTIG Biotech Conference on August 8, 2022, discussing next-generation therapeutics targeting Alzheimer's pathology. Acumen is advancing its investigational product ACU193, a monoclonal antibody in Phase 1 trials.