Washington, D.C. 20549
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.
On February 24, 2026, AC Immune SA issued a press
release announcing that the first participant has been dosed in a Phase 1 clinical trial of ACI-19764, an orally administered small molecule
inhibitor of the NLRP3 inflammasome. A copy of the press release is attached as Exhibit 99.1 to this Report on Form 6-K.
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Exhibit 99.1
 |
PRESS RELEASE
|
AC Immune Initiates Phase 1 Clinical Trial of
NLRP3 Inhibitor
| · | ACI-19764 is an orally available highly brain-penetrant small molecule NLRP3
inhibitor |
| · | NLRP3 inhibitors are a major new class of compounds linked to a broad spectrum
of inflammatory conditions including both metabolic and neurological diseases |
| · | ACI-19764 is an important addition to AC Immune’s growing small molecule
pipeline |
| · | Phase 1 results in healthy volunteers are expected in H2 2026 |
Lausanne, Switzerland, February 24, 2026 -- AC Immune SA (NASDAQ:
ACIU), a clinical-stage biopharmaceutical company pioneering precision therapeutics for neurodegenerative diseases, today announced that
the first participant has been dosed in a Phase 1 clinical trial of ACI-19764, an orally administered small molecule inhibitor of the
NLRP3 inflammasome.
Targeting the NLRP3 inflammasome provides an opportunity to reduce the
chronic inflammation thought to be associated with disease progression in multiple inflammatory disorders, metabolic diseases, and neurological
diseases, including Alzheimer’s disease (AD), Parkinson’s disease (PD), amyotrophic lateral sclerosis (ALS) and frontotemporal
dementia.
Dr. Andrea Pfeifer, CEO of AC Immune SA, commented: "We
are delighted to announce the dosing of the first participant in the Phase 1 trial in healthy volunteers of our lead NLRP3 inhibitor.
This is another important milestone in demonstrating the power of AC Immune’s small molecule discovery capabilities for targeting
key pathways that contribute to neurodegeneration and other diseases. Robust preclinical data have shown that ACI-19764 has best-in-class
potential based on its potency and PK profile, as well as its ability to reduce neuroinflammation and limit neurodegeneration in vivo.
This suggests ACI-19764 could have a disease-modifying effect relevant to neurodegenerative diseases, and we are looking forward to studying
it further in the clinical setting.”
The Phase 1 trial will investigate the safety, tolerability, pharmacokinetics,
and pharmacodynamics of ACI-19764 in healthy volunteers. The study is divided into two parts. Part A will evaluate single ascending doses
while Part B will examine multiple ascending doses. The trial is being conducted in Europe. Primary outcome measures include the safety
and tolerability of ACI-19764, as well as its pharmacokinetics in plasma and cerebrospinal fluid. A secondary outcome measure will assess
target engagement (inhibition of IL-1β) and exploratory endpoints will include the influence of ACI-19764 on fluid biomarkers of
the immune system, among others. Initial data from the Phase 1 trial are expected in the second half of 2026.
ACI-19674 has demonstrated a highly competitive profile in extensive
preclinical studies, with optimal brain penetrance in animal models, high potency and selectivity in assays including whole human blood
and in several in vivo models, and an excellent safety and tolerability profile. In a mouse model of diet-induced obesity (DIO),
ACI-19764 showed excellent weight control both alone and in combination with semaglutide, as well as reductions in activation of both
microglia and astrocytes. These preclinical data position ACI-19764 competitively among the best-in-class NLRP3 inhibitors for CNS indications.
 | PRESS RELEASE |
About ACI-19764
ACI-19764 is an orally available, highly brain penetrant, small molecule
drug candidate which specifically inhibits the NLRP3 inflammasome. In preclinical studies it has been shown to be safe and well tolerated
and has shown high potency as demonstrated by the downstream inhibition of IL-1β production in vitro by human macrophages
and human whole blood with an IC50 in the range of 2-20.5nM. It has shown an excellent level of brain penetration with Kp,uu
values in rat brain and dog CSF of 0.71 and 1, respectively. ACI-19764 statistically significantly inhibited neuroinflammation in vivo
through reduced activation of Iba1+ microglial cells and GFAP+ astrocytes in preclinical models (including mouse models of Diet-Induced
Obesity and chronic LPS-mediated CNS inflammation), demonstrating its strongly competitive profile and high potential for broad application
in both metabolic and neurologic therapeutic areas.
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: chris.maggos@cohesionbureau.com
 | PRESS RELEASE |
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.