MetaCap

Acumen Pharmaceuticals Inc. Company Profile

NASDAQ: ABOSHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD

2.05-0.055 (-2.61%)

Market open · Delayed 15 min · as of Oct 8, 10:25 AM ET

Acumen Pharmaceuticals at a glance

Acumen Pharmaceuticals Inc. (NASDAQ: ABOS) is a Biotechnology: Biological Products (No Diagnostic Substances) company in the Health Care sector headquartered in Newton, MA. Acumen Pharmaceuticals is led by Mr. Daniel J. O'Connell M.B.A. and employs about 60 people. The company's shares have traded publicly since 2021.

At a market capitalization of $151.9 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001576885, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Acumen Pharmaceuticals do?

Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops targeted therapies for the treatment of Alzheimer's disease. It focuses on advancing a targeted immunotherapy drug candidate, sabirnetug (ACU193), which is in its Phase 2 ALTITUDE-AD clinical trial to target toxic soluble amyloid beta oligomers. Acumen Pharmaceuticals, Inc. has a collaboration and license agreement with Halozyme, Inc. for the development of a subcutaneous formulation of Sabirnetug, as well as with JCR Pharmaceuticals Co. Ltd for the development of Aß oligomer-targeted enhanced brain delivery therapy for the treatment of Alzheimer's disease. The company was incorporated in 1996 and is headquartered in Newton, Massachusetts.

Business description based on the company's public filings.

Company information

Legal name
Acumen Pharmaceuticals Inc.
Ticker
NASDAQ: ABOS
Industry
Biotechnology: Biological Products (No Diagnostic Substances)
CEO
Mr. Daniel J. O'Connell M.B.A.
Employees
60
Headquarters
1210-1220 Washington St., Newton, MA, United States
Phone
617 344 4190
IPO year
2021
Market cap
$151.87M
SEC CIK
0001576885

Companies similar to Acumen Pharmaceuticals

ABOS peer companies
CompanyPrice% ChgMarket capCompare
TARAProtara Therapeutics Inc.2.54-1.93%$150.10Mvs ABOS
CHRSCoherus Oncology Inc.1.01-0.49%$155.27Mvs ABOS
VYGRVoyager Therapeutics Inc.2.37-4.06%$146.03Mvs ABOS
MOLNMolecular Partners AG ADR3.810.00%$145.94Mvs ABOS
CRDLCardiol Therapeutics Inc. Class A1.33+0.59%$161.34Mvs ABOS
AVXLAnavex Life Sciences Corp.1.52-0.65%$140.90Mvs ABOS
OTLKOutlook Therapeutics Inc.0.5773-2.15%$140.54Mvs ABOS
ARMPArmata Pharmaceuticals Inc.3.75-1.57%$139.43Mvs ABOS

Related