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AC Immune Positive Interim Phase 2 Data on ACI-7104.056 Support Potential Slowing of Progression of Parkinson’s Disease

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AC Immune (NASDAQ: ACIU) reported positive interim Phase 2 VacSYn results for its active immunotherapy ACI-7104.056 in early Parkinson’s disease on December 11, 2025. Part 1 (34 patients, randomized 3:1) reached all immunogenicity targets with a 100% responder rate and serum/CSF antibody titers >500-fold versus placebo. Biomarkers showed stabilization: total CSF a-syn (post-hoc p=0.018), CSF NfL, plasma GFAP trends, and DaT SPECT signals. MDS-UPDRS Part III scores suggested motor stabilization. Safety was favorable with no drug-related serious AEs; most common AEs were injection site reactions (56%), headache (15%), fatigue (12%). Final Part 1 data expected mid-2026.

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Positive

  • 100% antibody responder rate
  • Serum and CSF antibody titers >500-fold vs placebo
  • Total CSF a-syn stabilization (post-hoc p=0.018)
  • CSF NfL stabilized in treatment arm
  • No drug-related serious adverse events reported

Negative

  • Small interim cohort: 34 patients in Part 1
  • Results are interim; final Part 1 data due mid-2026
  • High rate of injection site reactions: 56%

News Market Reaction

+15.41% 54.4x vol
25 alerts
+15.41% News Effect
+26.0% Peak Tracked
-26.3% Trough Tracked
+$51M Valuation Impact
$382M Market Cap
54.4x Rel. Volume

On the day this news was published, ACIU gained 15.41%, reflecting a significant positive market reaction. Argus tracked a peak move of +26.0% during that session. Argus tracked a trough of -26.3% from its starting point during tracking. Our momentum scanner triggered 25 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $51M to the company's valuation, bringing the market cap to $382M at that time. Trading volume was exceptionally heavy at 54.4x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Responder rate: 100% responder rate Antibody titers vs placebo: Over 500-fold higher Trial size: 34 patients +5 more
8 metrics
Responder rate 100% responder rate Immunogenicity targets met in VacSYn Phase 2 trial
Antibody titers vs placebo Over 500-fold higher Serum and CSF antibody titers at week 76 vs placebo
Trial size 34 patients Part 1 of VacSYn Phase 2, randomized 3:1 treatment:placebo
Longer-treated participants 20 participants up to 18 months (74 weeks) Exposure duration in interim analysis
CSF-serum correlation Spearman 0.92 and 0.85 (p<0.05) Correlation of antibody titers at weeks 24 and 76
CSF a-syn stabilization p=0.018 Post-hoc analysis for CSF alpha-synuclein levels
Injection site reactions 56% incidence Most common adverse event with ACI-7104.056
Headache and fatigue 15% headaches, 12% fatigue Other common adverse events reported

Market Reality Check

Price: $3.70 Vol: Volume 454,187 is above t...
high vol
$3.70 Last Close
Volume Volume 454,187 is above the 20-day average of 245,526 (relative volume 1.85). high
Technical Price $2.79 is trading above the 200-day MA at $2.32 and about 30% below the 52-week high of $4.00.

Peers on Argus

ACIU gained 9.84% while peers were mixed: VYGR +3.03%, EDIT +7%, IMMP +11.11%, P...

ACIU gained 9.84% while peers were mixed: VYGR +3.03%, EDIT +7%, IMMP +11.11%, PRQR -4.7%, SLN +1.62%, pointing to a stock-specific reaction.

Historical Context

5 past events · Latest: Nov 11 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Nov 11 Conference participation Neutral +1.2% Jefferies London Healthcare Conference fireside chat and investor meetings.
Nov 04 Earnings & update Positive +3.8% Q3 2025 results, CHF 108.5M cash and focus on three Phase 2 programs.
Oct 28 Management change Positive -1.9% Appointment of Prof. Catherine Mummery as Chair of Clinical Advisory Board.
Oct 24 Clinical imaging data Positive +15.7% Nature Communications publication and Phase 1 start for TDP-43 PET tracer ACI-19626.
Sep 25 Clinical trial results Positive +6.6% Peer-reviewed Phase 1b/2a anti-pTau immunotherapy data supporting Phase 2b ReTain trial.
Pattern Detected

Positive R&D and clinical updates have often coincided with positive price reactions, with one recent management announcement showing divergence.

Recent Company History

Over recent months, AC Immune reported multiple R&D and corporate milestones. A September publication of Phase 1b/2a anti-pTau data and a TDP‑43 PET tracer advancing to Phase 1 both saw double‑digit gains, while a clinical advisory board appointment on Oct 28 modestly slipped. Q3 2025 results on Nov 4 highlighted CHF 108.5M in cash and a sharpened focus on three Phase 2 programs. Against this backdrop, today’s positive Phase 2 Parkinson’s data extend the company’s active immunotherapy story.

Market Pulse Summary

The stock surged +15.4% in the session following this news. A strong positive reaction aligns with p...
Analysis

The stock surged +15.4% in the session following this news. A strong positive reaction aligns with prior clinical milestones that also saw gains, but today’s 9.84% move is larger than the earlier ACI-7104.056 interim update at 4.74%. The news added longer-term exposure, biomarker stabilization and motor-score trends, potentially justifying enthusiasm. However, the small Part 1 sample of 34 patients and interim nature of the data leave room for future readouts to alter sentiment.

Key Terms

active immunotherapy, cerebrospinal fluid, neurofilament light, glial fibrillary acidic protein, +4 more
8 terms
active immunotherapy medical
"anti-alpha-synuclein (a-syn) active immunotherapy ACI-7104.056 in early Parkinson’s"
Active immunotherapy is a medical approach that trains a patient’s own immune system to recognize and attack disease, often by exposing it to a target that mimics the threat. Think of it like coaching the body's guard dogs to spot a specific intruder; for investors it matters because successful therapies can create durable, high-value treatments but also carry high clinical and regulatory risk and long development timelines.
cerebrospinal fluid medical
"Disease-related biomarker results, including a-syn CSF levels and neurofilament light"
A clear fluid that surrounds and cushions the brain and spinal cord, acting like a protective bath and cleanup system that removes waste and helps circulate nutrients. For investors, cerebrospinal fluid matters because it is a common source of diagnostic markers and a route for delivering or testing neurological drugs; changes in its composition can signal disease or affect a therapy’s development, approval prospects, and market value.
neurofilament light medical
"neurofilament light (NfL), suggest stabilization of PD pathology"
Neurofilament light is a protein found inside nerve cells that is released into blood and spinal fluid when those cells are injured or dying. Investors watch its levels because it acts like a smoke detector for brain and nerve damage—rising levels can signal disease progression or a drug’s effect, so changes can influence clinical trial outcomes, regulatory decisions and the perceived value of companies developing neurology diagnostics or treatments.
glial fibrillary acidic protein medical
"plasma glial fibrillary acidic protein (GFAP) and dopamine transporter (DaT) SPECT"
Glial fibrillary acidic protein (GFAP) is a structural protein found mainly in certain brain cells; when those cells are damaged, GFAP can leak into blood or spinal fluid and be measured as a marker of brain injury or disease. Investors care because GFAP tests and therapies that affect GFAP levels are used in clinical trials, diagnostics, and regulatory decisions—think of GFAP like a smoke alarm that signals brain cell damage, which can influence market demand, approval timelines, and commercial prospects for medical products.
DaT SPECT imaging medical
"glial fibrillary acidic protein (GFAP) and dopamine transporter (DaT) SPECT imaging"
DAT SPECT imaging is a medical scan that uses a safe radioactive tracer and a gamma camera to map dopamine transporter proteins in the brain, which helps distinguish movement and cognitive disorders. For investors, it matters because the scan is used as a diagnostic tool, trial endpoint, or companion test for drugs and devices—so approvals, reimbursement, or adoption can affect market size, revenue potential, and clinical risk for companies tied to Parkinsonian and related diseases.
blood-brain barrier medical
"showing ACI-7104.056 generates antibodies that cross the blood-brain barrier"
A protective barrier of tightly packed cells and supporting tissue that controls what substances in the blood can enter the brain, acting like a security checkpoint that keeps out most pathogens and many drugs while allowing essential nutrients through. For investors, the barrier matters because whether a therapy can cross or safely bypass it often determines clinical success, regulatory approval and commercial potential for treatments of brain disorders.
MDS-UPDRS Part III medical
"Total scores on Part III of the Movement Disorder Society-Unified Parkinson's Disease Rating Scale"
MDS‑UPDRS Part III is the clinician‑administered section of a widely used Parkinson’s disease scale that scores a patient’s motor signs—things like tremor, stiffness, slowness and balance—based on a standardized physical exam. Investors watch changes in this score because it is a key objective measure used in clinical trials and regulatory reviews to show whether a treatment meaningfully improves movement, much like a standardized report card showing progress in core symptoms.
Spearman correlation technical
"changes from baseline in antibody concentrations in CSF were statistically significantly correlated"
Spearman correlation measures how well two variables move together by comparing their rank order rather than their exact values; it captures whether higher values of one tend to match higher (or lower) values of the other, even if the relationship isn't a straight line. For investors it helps spot consistent relationships—for example between rankings of company performance or risk measures—without being misled by extreme values or non-linear patterns, like checking whether taller people usually weigh more regardless of exact heights.

AI-generated analysis. Not financial advice.

AC Immune Positive Interim Phase 2 Data on ACI-7104.056 Support Potential Slowing of Progression of Parkinson’s Disease

  • Results show, for the first time, that targeting underlying a-syn pathology with an active immunotherapy could slow the rate of progression of Parkinson’s disease
  • Clear safety profile with no clinically relevant safety issues reported
  • Targets met for immunogenicity (100% responder rate), pharmacodynamic effect, target engagement and clinical assessments
  • Underlines potential and importance of active immunotherapies in precision medicine for neurodegenerative diseases
  • AC Immune to host webcast and conference call today at 9:00am ET / 15:00 CET details below

Lausanne, Switzerland, December 11, 2025 -- AC Immune SA (NASDAQ: ACIU), a clinical-stage biopharmaceutical company pioneering precision therapeutics for neurodegenerative diseases, today announced positive interim safety and efficacy results from the Phase 2 VacSYn trial of its wholly-owned anti-alpha-synuclein (a-syn) active immunotherapy ACI-7104.056 in early Parkinson’s disease (PD).

The results show, for the first time, that targeting a-syn pathology with an active immunotherapy could potentially slow the rate of progression of PD. Disease-related biomarker results, including a-syn CSF levels and neurofilament light (NfL), suggest stabilization of PD pathology. Plasma glial fibrillary acidic protein (GFAP) and dopamine transporter (DaT) SPECT imaging show trends toward disease modification. In addition, total scores on Part III of the Movement Disorder Society-Unified Parkinson's Disease Rating Scale (MDS-UPDRS) are suggestive of a trend for stabilization.

Dr. Andrea Pfeifer, CEO of AC Immune SA, commented: “The interim Phase 2 data shows the potential of our ACI-7104.056 active immunotherapy to slow the progression of Parkinson’s disease and hold the promise of a tremendous step forward for millions of patients. The consistent signs of efficacy, combined with the continuing strong safety record, underline ACI-7104.056’s potential to transform PD treatment and are a strong basis for accelerating development. We will discuss ACI-7104.056 with the regulators to establish a clinical development plan towards registration.”

Werner Poewe, MD, emeritus Professor of Neurology at Innsbruck Medical University and a leading expert in Parkinson’s disease, commented: "The remarkable consistency of the trends observed across multiple disease-related biomarkers and on clinical assessments in the treatment arm are very promising. Importantly, clinical and biomarker outcomes provide signals that the immunological response elicited by ACI-7104 may be associated with beneficial effects on PD progression. Overall, these findings are highly encouraging and fully support further development of the program. If further substantiated the current data would have major implications for future PD therapy. For the first time, we are seeing signals that targeting the underlying pathology of Parkinson’s with active immunotherapy could slow disease progression.”

Interim results

VacSYn (ClinicalTrials.gov: NCT06015841) is an adaptive, placebo-controlled, and biomarker-based Phase 2 study in patients with early PD, consisting of two parts. Part 1 includes 34 patients randomized 3:1 to receive ACI-7104.056 or placebo, respectively. All participants in this interim analysis have been treated for at least 12 months (i.e. 48 weeks), with 20 participants treated for up to 18 months (i.e. 74 weeks).

Interim results showed all target criteria for immunogenicity were met, including:

  • Antibody titers in serum: ACI-7104.056 induced a robust antibody response against the immunizing a-syn target antigen with a 100% responder rate. At week 76, two weeks after the sixth immunization, antibody titers in serum were over 500-fold higher than in the placebo group. Antibody responses to both the immunizing and the native a-syn peptide were boosted after each dose from the second to the sixth immunization, while the placebo group did not show any detectable signal.
  • Antibody titers in the cerebrospinal fluid (CSF): Titers against the immunizing a-syn target antigen increased with successive immunizations, showing ACI-7104.056 generates antibodies that cross the blood-brain barrier. As seen in serum, average IgG antibody levels in CSF were over 500-fold higher than in the placebo group.
  • Correlation between serum and CSF antibody titers: changes from baseline in antibody concentrations in CSF were statistically significantly correlated to changes from baseline in titers in serum (Spearman correlation at week 24 = 0.92, p<0.05; at week 76 = 0.85, p<0.05).

The stabilization of disease-relevant biomarkers in the central nervous system (CNS), suggests slowing of Parkinson’s disease pathology, with potential disease modification.

  • Stabilization of a-syn in CSF: Total CSF a-syn levels in the treatment arm stabilized while as expected in the placebo group levels of a-syn in the CSF decreased over time (post-hoc analysis p=0.018). This demonstrates the desired effect of antibody binding to a-syn leading to stabilization of the target or increased brain clearance. In contrast, in the placebo group, and as is usually seen with the natural history due to the progression of the disease, a-syn continues to accumulate in brain tissue, leading to a decrease of total a-syn levels in CSF.
  • Stabilization of Neurofilament Light chain (NfL): Levels of NfL in the CSF remained stable in the ACI-7104.056 group and increased in the placebo group. Elevated levels of NfL have been reported as a sign of ongoing neuronal damage or neurodegeneration in PD; thus, stabilization suggests a potential slowing of neuronal damage.
  • Other markers of disease progression including plasma glial fibrillary acidic protein (GFAP) and DaT SPECT imaging suggest stabilized pathology.

Clinical measures of motor symptoms also suggest a trend for stabilization of disease in the active arm of the study.

  • Total MDS-UPDRS Part III score: At week 74, the ACI-7104.056 group did not show meaningful progression in the mean total score and change from baseline of MDS-UPDRS Part III, while the placebo arm showed an increase in mean total score as expected in normal disease progression.
  • MDS-UPDRS Part III score in L-DOPA OFF state: With stratification by levodopa (L-DOPA) ON/OFF state, the difference in the change from baseline scores between the active treatment and placebo groups was further enhanced.

Interim results from weeks 50 and 76 continue to demonstrate that ACI-7105.056 is generally safe and well-tolerated enabling a positive benefit/risk ratio. No clinically relevant or serious adverse events (AEs) considered related to the study drug have been reported to date. The most common AEs were transient injection site reactions (56%), headaches (15%) and fatigue (12%).

Based on these promising interim results, AC Immune aims to seek regulatory feedback on an ACI-7104.056 clinical development plan to potentially accelerate towards registration. Final data from Part 1 of the VacSYn trial are expected in mid-2026.

AC Immune management will host a conference call and webcast today at 9:00am ET / 15:00 CET to provide an overview of the data, followed by a Q&A session.

Conference Call details:

Participants may call the following numbers, 10 – 15 minutes before conference start

Switzerland / Europe: +41 (0) 58 310 50 00

United Kingdom: +44 (0) 207 107 06 13

United States: +1 (1) 631 570 56 13

Other international numbers available Here

Webcast Link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=6bsnwXCG

A live and archived webcast will also be accessible in the Investors section of the Company's website at https://www.acimmune.com/.

About ACI-7104.056

ACI-7104.056 is an optimized formulation of its clinically validated anti-a-syn predecessor active immunotherapy which generated a target-specific antibody response against pathological oligomeric a-syn to inhibit spreading and downstream neurodegeneration in early Parkinson’s disease. The accumulation of alpha-synuclein protein aggregates has been shown to cause inflammatory stress in cells and contribute to the degeneration of neurons in the brain. It has been known to play a key role in the development of neurodegenerative diseases such as Parkinson’s Disease.

About AC Immune SA 

AC Immune SA is a clinical-stage biopharmaceutical company and a global leader in precision prevention for neurodegenerative diseases, including Alzheimer’s disease, Parkinson’s disease, and NeuroOrphan indications driven by misfolded proteins. The Company’s two clinically validated technology platforms, SupraAntigen® and Morphomer®, fuel its pipeline of first- and best-in-class assets, which currently features a range of therapeutic and diagnostic programs, including candidates in Phase 2 and Phase 3 development. AC Immune has a strong track record of securing strategic partnerships with leading global pharmaceutical companies, resulting in substantial non-dilutive funding to advance its proprietary programs and >$4.5 billion in potential milestone payments plus royalties.

SupraAntigen® is a registered trademark of AC Immune SA in the following territories: AU, EU, CH, GB, JP, RU, SG and USA. Morphomer® is a registered trademark of AC Immune SA in CA, CN, CH, EU, GB, JP, KR, NO, RU and SG.

The information on our website and any other websites referenced herein is expressly not incorporated by reference into, and does not constitute a part of, this press release.

For further information, please contact:

SVP, Investor Relations & Corporate Communications

Gary Waanders, Ph.D., MBA
AC Immune
Phone: +41 21 345 91 91
Email: gary.waanders@acimmune.com





 
International Media

Chris Maggos
Cohesion Bureau
Phone: +41 79 367 6254
Email: aciu@cohesionbureau.com
 

Forward looking statements

This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than historical fact and may include statements that address future operating, financial or business performance or AC Immune’s strategies or expectations. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “potential,” “outlook” or “continue,” and other comparable terminology. Forward-looking statements are based on management’s current expectations and beliefs and involve significant risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by these statements. These risks and uncertainties include those described under the captions “Item 3. Key Information – Risk Factors” and “Item 5. Operating and Financial Review and Prospects” in AC Immune’s Annual Report on Form 20-F and other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and AC Immune does not undertake any obligation to update them in light of new information, future developments or otherwise, except as may be required under applicable law. All forward-looking statements are qualified in their entirety by this cautionary statement.

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FAQ

What did AC Immune announce on December 11, 2025 about ACI-7104.056 (ACIU)?

AC Immune announced positive interim Phase 2 VacSYn results showing 100% immunogenic responder rate, >500-fold higher serum/CSF titers versus placebo, biomarker stabilization, and favorable safety.

How many patients were in the interim Phase 2 VacSYn Part 1 for ACI-7104.056 (ACIU)?

Part 1 included 34 patients randomized 3:1 to ACI-7104.056 or placebo, with all patients treated ≥12 months and 20 treated up to 18 months.

What biomarker changes did AC Immune report for ACI-7104.056 (ACIU)?

Reported biomarker signals include stabilization of total CSF a-syn (post-hoc p=0.018), stable CSF NfL, trends in plasma GFAP, and DaT SPECT imaging indicating stabilized pathology.

What safety findings did AC Immune report for ACI-7104.056 (ACIU)?

No clinically relevant or serious adverse events considered related to the study drug; most common AEs were injection site reactions (56%), headache (15%), and fatigue (12%).

When will AC Immune provide final Part 1 VacSYn data for ACI-7104.056 (ACIU)?

AC Immune expects final Part 1 data from the VacSYn trial in mid-2026.
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