Acumen Pharmaceuticals

Acumen Pharmaceuticals

Acumen Pharmaceuticals, Inc..

HQ location
Livermore, United States
Launch date
Employees
Market cap
$79.4m
Enterprise value
($34m)
Share price
$1.31 ABOS
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DateInvestorsAmountRound
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Valuation: €0.0

430.4x EV/Revenue

10.0x EV/EBITDA

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€0.0

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*

$50.0m

Debt
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD201920202021202220232024
Revenues000000000000000000000000
% growth-(15 %)----
EBITDA000000000000000000000000
% EBITDA margin(451 %)(592 %)----
Profit000000000000000000000000
% profit margin(466 %)(510 %)----
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000
R&D % of revenue505 %557 %----

Source: Company filings or news article

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Acumen Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on developing treatments for Alzheimer's disease by targeting toxic soluble amyloid-beta oligomers (AβOs). Founded in 1996, the company is built upon the pioneering research of its scientific co-founders, including William Klein, PhD, Caleb Finch, PhD, and Grant Krafft, PhD. Dr. Klein's lab at Northwestern University introduced the influential "amyloid beta oligomer hypothesis" in 1998, which posits that these soluble AβOs, rather than plaques, are the primary neurotoxins that trigger synaptic dysfunction and neurodegeneration in Alzheimer's disease.

As a clinical-stage entity, Acumen's business model is not based on current sales but on research and development funded by capital infusions from grants and equity financing. The company's financial structure is centered on advancing its lead drug candidate through expensive clinical trials, with the goal of future commercialization or partnership agreements after regulatory approval. A significant milestone was achieved on July 1, 2021, when Acumen went public on the Nasdaq (ABOS), raising approximately $160 million in gross proceeds to fund its R&D activities.

The company's lead product candidate is sabirnetug (formerly ACU193), a humanized monoclonal antibody designed to selectively target and neutralize toxic soluble AβOs. Sabirnetug's unique selling point is its high selectivity for AβOs over amyloid monomers and plaques, the targets of some other Alzheimer's therapies. This targeted mechanism aims to prevent AβOs from binding to synapses, thereby preserving neuronal function and potentially offering a better safety profile, specifically a lower risk of Amyloid-Related Imaging Abnormalities (ARIA), a side effect seen with plaque-clearing antibodies. Sabirnetug was granted Fast Track designation by the U.S. FDA, underscoring its potential to address a significant unmet medical need.

Acumen is advancing sabirnetug through a rigorous clinical trial program. The Phase 1 INTERCEPT-AD trial demonstrated that the drug was well-tolerated, crossed the blood-brain barrier, and engaged with its AβO target. Following these positive results, the company initiated the ALTITUDE-AD study, a larger Phase 2 trial designed to evaluate the efficacy and safety of sabirnetug in patients with early Alzheimer's disease, with topline results anticipated in late 2026. The company is also exploring a subcutaneous formulation of sabirnetug, developed in partnership with Halozyme, to offer a more convenient administration option for patients compared to intravenous infusions.

Keywords: Alzheimer's disease, neurodegenerative disease, clinical-stage biopharmaceutical, amyloid-beta oligomers, AβO, sabirnetug, ACU193, monoclonal antibody, immunotherapy, neurodegeneration, synaptic dysfunction, INTERCEPT-AD, ALTITUDE-AD, William Klein, oligomer hypothesis, targeted therapy, central nervous system, CNS, biopharma, drug development, neurotoxic proteins, fast track designation, subcutaneous formulation, Phase 2 trial, clinical research, amyloid pathology, pTau217, brain health, cognitive decline, dementia treatment

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