Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops targeted therapies for the treatment of Alzheimer's disease. The company focuses on advancing a targeted immunotherapy drug candidate Sabirnetug (ACU193), a recombinant humanized immunoglobulin gamma 2, which has completed the INTERCEPT-AD phase 1 clinical trial and in ALTITUDE-AD phase 2 clinical trial to target soluble amyloid-beta oligomers. It has a collaboration and license agreement with Halozyme, Inc. for the development of a subcutaneous formulation of Sabirnetug. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Newton, Massachusetts. Show more
Location: 1210-1220 Washington St., Newton, MA, 02465, United States | Website: https://acumenpharm.com | Industry: Biotechnology | Sector: Healthcare
Market Cap
84.8M
52 Wk Range
$0.85 - $3.60
Previous Close
$1.30
Open
$1.31
Volume
1,455,455
Day Range
$1.31 - $1.47
Enterprise Value
-49.1M
Cash
149.1M
Avg Qtr Burn
-25.62M
Insider Ownership
11.50%
Institutional Own.
72.14%
Qtr Updated
03/31/25
Drug Pipeline
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Drug & Indication | Stage & Event | Catalyst Date |
---|---|---|
Sabirnetug (ACU193) Details Alzheimer's disease | Phase 2 Data readout | |
Sabirnetug (ACU193) w/ ENHANZE® Details Alzheimer's disease | Phase 1 Update |