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Acumen Pharmaceuticals Inc

Acumen Pharmaceuticals Inc (ABOS)

2.37
-0.02
(-0.84%)
Closed November 20 4:00PM
2.37
0.00
( 0.00% )
Pre Market: 4:00AM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
2.37
Bid
2.16
Ask
2.60
Volume
-
0.00 Day's Range 0.00
2.08 52 Week Range 5.09
Market Cap
Previous Close
2.37
Open
-
Last Trade
Last Trade Time
-
Financial Volume
-
VWAP
-
Average Volume (3m)
192,708
Shares Outstanding
60,079,778
Dividend Yield
-
PE Ratio
-2.72
Earnings Per Share (EPS)
-0.87
Revenue
-
Net Profit
-52.37M

About Acumen Pharmaceuticals Inc

Acumen Pharmaceuticals Inc is a clinical-stage biopharmaceutical company developing a novel disease-modifying approach to target what we believe to be a key underlying cause of Alzheimer's disease. The company's lead drug candidate, ACU193, is a subclass monoclonal antibody which selectively targets... Acumen Pharmaceuticals Inc is a clinical-stage biopharmaceutical company developing a novel disease-modifying approach to target what we believe to be a key underlying cause of Alzheimer's disease. The company's lead drug candidate, ACU193, is a subclass monoclonal antibody which selectively targets amyloid-beta oligomers. Show more

Sector
Biological Pds,ex Diagnstics
Industry
Biological Pds,ex Diagnstics
Headquarters
Wilmington, Delaware, USA
Founded
-
Acumen Pharmaceuticals Inc is listed in the Biological Pds,ex Diagnstics sector of the NASDAQ with ticker ABOS. The last closing price for Acumen Pharmaceuticals was $2.37. Over the last year, Acumen Pharmaceuticals shares have traded in a share price range of $ 2.08 to $ 5.09.

Acumen Pharmaceuticals currently has 60,079,778 shares outstanding. The market capitalization of Acumen Pharmaceuticals is $142.39 million. Acumen Pharmaceuticals has a price to earnings ratio (PE ratio) of -2.72.

ABOS Latest News

Acumen Pharmaceuticals Reports Third Quarter 2024 Financial Results and Business Highlights

Expect ALTITUDE-AD, a Phase 2 study to investigate sabirnetug (ACU193) for the treatment of early Alzheimerโ€™s disease, to complete enrollment in the first half of 2025Expect to announce topline...

Acumen Pharmaceuticals to Participate in the Stifel Healthcare Conference

NEWTON, Mass., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS), a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble...

Acumen Pharmaceuticals to Participate in the UBS Global Healthcare Conference

NEWTON, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS), a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble...

Acumen Pharmaceuticals Appoints Dr. Amy Schacterle as Chief Regulatory Officer & Head of Quality

NEWTON, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS), a clinical-stage biopharmaceutical company developing a novel therapeutic that targets soluble...

Acumen Pharmaceuticals to Report Third Quarter Results on Nov. 12, 2024

NEWTON, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) (โ€œAcumenโ€ or the โ€œCompanyโ€), a clinical-stage biopharmaceutical company developing a novel...

Acumen Pharmaceuticals Presents Innovative Trial Screening Advancements Utilizing pTau217 Assay in Phase 2 Study of Sabirnetug for Early Alzheimerโ€™s Disease at the 17th Annual Clinical Trials on Alzheimerโ€™s Disease Conference

Late-breaking presentation highlights the pTau217 assay as an effective and efficient tool to screen participants for ALTITUDE-AD that reduces unnecessary amyloid PET scans and lumbar puncture...

Acumen Pharmaceuticals to Deliver Late-Breaking Presentation at 17th Annual Clinical Trials on Alzheimerโ€™s Disease (CTAD) Conference

- Presentation to focus on use of validated pTau217 assay in participant screening process for Phase 2 ALTITUDE-AD study of sabirnetug for early Alzheimerโ€™s disease - Late-breaking presentation...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.16-6.324110671942.532.662.232035842.39863867CS
4-0.37-13.5036496352.743.312.232072062.81548803CS
12-0.43-15.35714285712.83.312.15111927082.6178035CS
26-1.46-38.12010443863.833.92.083098282.67989653CS
520.010.4237288135592.365.092.083371343.13284968CS
156-7.57-76.15694164999.9411.30991.81014298106.25358517CS
260-22.7-90.546469884325.0726.981.81013990626.75469201CS

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ABOS Discussion

View Posts
stockrafter stockrafter 2 weeks ago
A marketed competitor, Lecanemab, is going the SC-AI route,

โ€œEISAI COMPLETES ROLLING SUBMISSION TO US FDA FOR LEQEMBI® (LECANEMAB-IRMB) โ€

https://media-us.eisai.com/2024-10-31-Eisai-Completes-Rolling-Submission-to-US-FDA-for-LEQEMBI-R-lecanemab-irmb-Biologics-License-Application-for-Subcutaneous-Maintenance-Dosing-for-the-Treatment-of-Early-Alzheimers-Disease-Under-the-Fast-Track-Status

Feeds suspicion Acumen is developing a triple combo, Sabirnetug-hyaluronidase-autoinjectior, with Halozyme.

An upcoming fireside chat might shed light on the next P2 clinical trial for SC sabirnetugโ€ฆ.

โ€UBS Global Healthcare Conference on Wednesday, Nov. 13, 2024, at 1:15 p.m. PT (4:15 p.m. ET).โ€

https://investors.acumenpharm.com/news-releases/news-release-details/acumen-pharmaceuticals-participate-ubs-global-healthcare

On a side note a short video on the p-TAU-127 biomarker screening presentation has been postedโ€ฆ

https://www.neurologylive.com/view/acumen-pharmaceuticals-phase-2-advancements-ad-screening-todd-feaster-psyd

Which as noted earlier, sub-3 with be history after the presentation.....looking good so far......
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stockrafter stockrafter 4 weeks ago
The two current competitorsโ€ฆ.Kisunla and Leqembi

https://alzheimersweekly.com/how-to-choose-between-leqembi-vs-kisunla/

Good article on current and upcoming competitorsโ€ฆ

......โ€œBeginning a New Era of Precision Alzheimerโ€™s Therapeuticsโ€

https://www.insideprecisionmedicine.com/topics/translational-research/beginning-a-new-era-of-precision-alzheimers-therapeutics/

Prothena has several up and coming ALS drugs, comment on website gives more incentive for Acumen to develop SC sabirnetug along with an AI.

........Prothena Provides Updates on PRX012, PRX123, Birtamimab and Portfolio Programs

.......โ€œProthena is developing a molecule that we certainly hope will be delivered at home, once monthly, by subcutaneous administration and can be self-administered. I think that from a treatment burden perspective that allows us to start to think about the idea that any patient should have access to these types of approaches, and we think that thatโ€™s very important,โ€ said Gene Kinney, PhD, Prothena CEO and president.โ€

https://www.prothena.com/pipeline/

Suspect days of sub 3 bucks will be history after the presentation later this week.

https://finance.yahoo.com/news/acumen-pharmaceuticals-deliver-breaking-presentation-120000342.html
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stockrafter stockrafter 1 month ago
Very informative article on Amyloid-?.....Update on clinical trial started back in Oct 2016, and still on going...

Acumen is in the right place, right time, right drug, IMO.....

Need to down load the PDF.....

"A Plasma Biomarker Panel for Detecting Early Amyloid-? Accumulation and its Changes in Middle-Aged Cognitively Unimpaired Individuals at Risk for Alzheimer's Disease"

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4986366

https://clinicaltrials.gov/study/NCT02485730?term=NCT02485730&rank=1
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stockrafter stockrafter 1 month ago
Significant comments made in this discussion last week.......

Discussion is very good, best part is little more than 4:00 into discussion Siemers mentions Sabirnetug Efficacy is better and fewer side effects then the competition, Lecanemab , and Donanemab.....Cool......

"UNDERSTANDING ALZHEIMERโ€™S AND THE PATH FORWARD, WITH ERIC SIEMERS, MD"

(Eric Siemers, MD, chief medical officer at Acumen Pharmaceuticals, )

"Early detection of Alzheimer's is vital for effective treatment, according to Eric Siemers, MD, who emphasizes the importance of caregiver support and proactive planning for families navigating the diagnosis."

https://www.theeducatedpatient.com/view/understanding-alzheimer-s-and-the-path-forward-with-eric-siemers-md
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stockrafter stockrafter 1 month ago
Interesting article with some relevance...

Giving more more reason for going the SC route using Halozyme's Enhanze and AI.....

"Smaller vial size for Alzheimer's drug could save Medicare hundreds of millions per year"

"Nearly 6% of Alzheimer's drug lecanemab is discarded, costing Medicare $1,600 per patient per year"

https://www.sciencedaily.com/releases/2024/10/241014210332.htm
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Monksdream Monksdream 1 month ago
ABOS under $3
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stockrafter stockrafter 1 month ago
SP is looking good today, along with volume.....

A lot of news out there on the competition LEQEMBI, and Donanemab, giving insight on Sabirnetug potential.

Interesting news from a couple days on wasted volumes of the competition, giving insight into the cost of the drug and giving yet another reason for a prefilled AI.

https://www.uclahealth.org/news/release/smaller-vial-size-alzheimers-drug-could-save-medicare

"The researchers on the study, published(Link is external) October 14 in the peer-reviewed JAMA Internal Medicine, estimate that Medicare could waste up to $336 million annually due to discarded medication."

โ€œHowever, we estimate lecanemab waste to be only 5.8%, rendering current policy ineffective, and sounding the bell that further policy changes are likely needed,โ€ he said.
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stockrafter stockrafter 1 month ago
Lonza is on board, and will make a good CDMO partner.

"If The CDMO Shoe Fits, Wear It Now"

"In November of 2022, Acumen entered an agreement with Lonza that granted it a worldwide non-exclusive license to use Lonzaโ€™s glutamine synthetase gene expression system to manufacture and commercialize ACU193/sabirnetug."

"Although that predates his joining Acumen (in February of this year), Doherty says there had been an earlier round of work performed with a different set of providers, โ€œbut as we announced, we are working with Lonza moving forward.โ€

https://www.outsourcedpharma.com/doc/if-the-cdmo-shoe-fits-wear-it-now-0001
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stockrafter stockrafter 1 month ago
Another speculative piece of info is the new Director position.

One of the Qualifications is:

"Extensive experience (15+ years) in regulatory affairs within the biopharmaceutical industry; monoclonal antibody experience required; biologics (large molecule) and drug-device combination experience is preferable."

Drug-device is an autoinjector, IMO.

https://theorg.com/org/acumen-pharmaceuticals/jobs/director-cmc-regulatory-b576d02a
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stockrafter stockrafter 1 month ago
Yes, one of these days, but still accumulating so don't want it to move up too fast.

The presentation last week is worth listening to, and doing a thorough review of the PowerPoint info. They did a good job of explaining sabirnetug development and progress. An interesting (and exciting) detail is improvements were measured in a few biomarkers after only 3 doses.

Slide 68 show they are working with Halozyme for SC injection, completed Phase 1, and Phase 2 will start soon. IMO, they will develop an autoinjector for sabirnetug using Holzyme Enhanze and AI. At the end of the Q&A section the speaker mentions the difficulty of developing an AI.

Will be waiting for the current ALTITUDE trial update, a good update will move the SP, and planning on being all in by then.

"Expected Phase 1 subcutaneous topline results 1Q25"

"Expected completion of enrollment of ALTITUDE-AD 1H25"

https://investors.acumenpharm.com/static-files/c6a0d4a6-b7ec-421c-9230-d245ec96f9b4
👍️ 2
tw0122 tw0122 1 month ago
Add in $2.30s ready to go one of these days .. Sabirnetug is the first humanized monoclonal antibody to clinically demonstrate selective target engagement of AรŸOs in AD patients. Soluble AรŸOs are a highly toxic form of AรŸ that begin to accumulate before a clinical diagnosis of AD and are an early and persistent trigger of synaptic dysfunction and neurodegeneration. Acumen is developing sabirnetug as a potential next generation antibody treatment for early AD. Acumen is currently enrolling patients in the ALTITUDE sabirnetug -AD study, a Phase 2 clinical trial designed to evaluate the clinical efficacy and safety of intravenous sabirnetug in patients with early AD. Acumen is also evaluating a subcutaneous formulation of sabirnetug in a Phase 1 pharmacokinetic comparison study in healthy volunteers.

The extended collaboration builds upon an existing successful relationship between the two companies, in which Lonza provides DS manufacturing for the Phase 2 clinical supply of sabirnetug. Under the terms of the extended agreement, Lonza will manufacture cGMP DP of sabirnetug for the ongoing and future clinical phases and support the potential commercial launch at its industry-leading state-of-the-art DP manufacturing facility in Visp, Switzerland. Lonza will also provide quality control and stability testing as part of the collaboration.

Peter Droc, Head of Drug Product Services, Lonza, commented: โ€œOur team of experts has extensive experience in supporting the clinical and commercial manufacture of drug products. In line with our strategy to offer an integrated end-to-end offering for biologics manufacturing, we are looking forward to collaborating with Acumen to advance its innovative and promising drug candidate in the clinic and beyond.โ€

James Doherty, President and Chief Development Officer, Acumen Pharmaceuticals, added: โ€œThe extension of our collaboration comes at a time when weโ€™re advancing our clinical programs for sabirnetug with more than 50 Phase 2 sites activated across the U.S., Canada, U.K. and EU. We look forward to continuing our work with Lonza and delivering a potential next-generation treatment for early Alzheimerโ€™s disease.โ€

About Sabirnetug (ACU193)

Sabirnetug (ACU193) is a humanized monoclonal antibody (mAb) discovered and developed based on its selectivity for soluble amyloid beta oligomers (AรŸOs), which are a highly toxic and pathogenic form of AรŸ, relative to AรŸ monomers and amyloid plaques. Soluble AรŸOs have been observed to be potent neurotoxins that bind to neurons, inhibit synaptic function and induce neurodegeneration. By selectively targeting toxic soluble AรŸOs, sabirnetug aims to address the hypothesis that soluble AรŸOs are an early and persistent underlying cause of the neurodegenerative process in Alzheimerโ€™s disease (AD). Sabirnetug has been granted Fast Track designation for the treatment of early AD by the U.S. Food and Drug Administration and is currently being evaluated in a Phase 2 study in patients with early AD.

About Acumen Pharmaceuticals, Inc.

Acumen Pharmaceuticals is a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble amyloid beta oligomers (AรŸOs) for the treatment of Alzheimerโ€™s disease (AD). Acumenโ€™s scientific founders pioneered research on AรŸOs, which a growing body of evidence indicates are early and persistent triggers of Alzheimerโ€™s disease pathology. Acumen is currently focused on advancing its investigational product candidate, sabirnetug (ACU193), a humanized monoclonal antibody that selectively targets toxic soluble AรŸOs, in its ongoing Phase 2 clinical trial ALTITUDE-AD (NCT06335173) in early symptomatic Alzheimerโ€™s disease patients, following positive results in its Phase 1 trial INTERCEPT-AD. The company is headquartered in Newton, Mass. For more information, visit www.acumenpharm.com.
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Monksdream Monksdream 3 months ago
ABOS under $3
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Monksdream Monksdream 3 months ago
ABOS under $3
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Monksdream Monksdream 4 months ago
ABOS under $4
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Monksdream Monksdream 4 months ago
ABOS under $3
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Monksdream Monksdream 7 months ago
ABOS under $5
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Monksdream Monksdream 8 months ago
ABOS 10Q due 3/26
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Monksdream Monksdream 1 year ago
ABOS new 52 week low
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prof81 prof81 1 year ago
Buying pressureโ€ฆโ€ฆ
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bayjammng bayjammng 1 year ago
Could someone please ask the company how they compare to those in today's CNN article - thx. https://www.cnn.com/2023/07/17/health/second-alzheimers-drug-to-slow-disease-may-be-approved-this-year/index.html
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bayjammng bayjammng 1 year ago
Could someone please ask the company how they compare to those in today's CNN article - thx. https://www.cnn.com/2023/07/17/health/second-alzheimers-drug-to-slow-disease-may-be-approved-this-year/index.html
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Stockexpertpro Stockexpertpro 1 year ago
Ouch Stock Offering With Warrants
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TheFinalCD TheFinalCD 1 year ago
wow went even higher
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Jayzp Jayzp 1 year ago
THER STOCK..WILL JUMP SAME WAY as abos, prfx

THER CANCER TESTS AND TREATMENT OPTIONS

THERALINK.COM

Going to be nasdaq merger with BACK
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Stockexpertpro Stockexpertpro 1 year ago
ABOS Nice Watch BBIO Above 31$ on News as well
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tw0122 tw0122 1 year ago
Acumen Pharmaceuticals Presents Positive Topline Results from First-in-Human Phase 1 Study of ACU193 for Early Alzheimerโ€™s Disease at the Alzheimerโ€™s Association International Conference (AAIC) 2023

Source: GlobeNewswire Inc.

Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS), a clinical-stage biopharmaceutical company developing a novel therapeutic that targets soluble amyloid beta oligomers (AรŸOs) for the treatment of Alzheimerโ€™s disease (AD), today presented positive topline results from the Phase 1 INTERCEPT-AD trial of ACU193, the first clinical-stage AรŸO targeting antibody therapy in early AD, at the Alzheimerโ€™s Association International Conference (AAIC®) 2023, taking place in Amsterdam and online from July 16-20, 2023.
Topline results demonstrated that ACU193 was generally well-tolerated with a compelling overall safety profile, meeting the primary objective of this Phase 1, first-in-human, randomized, double-blind, placebo-controlled study in both single and multiple doses in 60 participants with early AD. Dose levels were 2, 10, 25 and 60 mg/kg for one to three doses administered intravenously. An analysis of change in amyloid plaque load, as measured by positron emission tomography (PET) SUVr, demonstrated a rapid, dose-related mean decrease at the higher dose levels studied (60 mg/kg every 4 weeks [Q4W] and 25 mg/kg every 2 weeks [Q2W]). This finding is comparable to mean amyloid plaque decreases of approved Aß monoclonal antibodies at similar time points in their clinical development. The overall rate of amyloid related imaging abnormalities โ€“ edema (ARIA-E) was 10.4%, which included one case of symptomatic ARIA-E (2.1%). Pharmacokinetic results in serum and cerebrospinal fluid (CSF) demonstrated statistically significant dose proportionality and support monthly dosing of ACU193. Statistically significant, dose-related central target engagement was observed as measured by ACU193-AßO complex, establishing the first target engagement assay developed that is specific to an AßO-targeting antibody. An exposure response relationship (Emax) model revealed near maximal target engagement with repeated dosing at 25 mg/kg and 60 mg/kg.

โ€œWe are very pleased to present the first clinical data from our Phase 1 INTERCEPT-AD study at AAIC. ACU193โ€™s observed dose-related central target engagement, rapid reduction of amyloid plaque and compelling safety profile validate our confidence in ACU193โ€™s differentiated mechanism of action: selectively targeting amyloid beta oligomers,โ€ said Daniel Oโ€™Connell, President and Chief Executive Officer of Acumen. โ€œWe believe that the robust data package generated by this comprehensive Phase 1 study establishes ACU193โ€™s broad therapeutic index and guides a future clinical dosing rationale. We look forward to an anticipated interaction with the FDA in the fourth quarter to inform our next phase of development for ACU193.โ€

ACU193 Demonstrated Rapid, Dose-Related, Statistically Significant Amyloid Plaque Reduction
Higher doses of ACU193 (60 mg/kg Q4W and 25 mg/kg Q2W) showed a statistically significant reduction in amyloid plaque load as determined by amyloid PET after 6-12 weeks (from baseline to endpoint within cohorts (p = 0.01)). This finding provides evidence that ACU193 is active in the brain.

Mean Reduction in Amyloid Plaque (Centiloids)
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Invest-in-America Invest-in-America 1 year ago
ABOS: Could get a little pop behind this news:
https://www.globenewswire.com/news-release/2023/07/16/2705282/0/en/Acumen-Pharmaceuticals-Presents-Positive-Topline-Results-from-First-in-Human-Phase-1-Study-of-ACU193-for-Early-Alzheimer-s-Disease-at-the-Alzheimer-s-Association-International-Conf.html
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Moonboy1 Moonboy1 2 years ago
Down over 50% from yearly highs and still dropping. Back to 3's I guess.
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Moonboy1 Moonboy1 2 years ago
One penny away haha. That's amazing. Charts never lie.
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Moonboy1 Moonboy1 2 years ago
Almost there.
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Moonboy1 Moonboy1 2 years ago
Getting close to my buy price. 6s probably today
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Moonboy1 Moonboy1 2 years ago
I'm a buyer under $7. Just going by the charts and support is at $6.50 ish range. GL.
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starkd748 starkd748 2 years ago
I never look at YouTube or analysts ELLIOTT WAVES and fibonanci..If the .618 holds at 7.95 would be bullish for wave 5 on the ELLIOTT WAVE either that or it goes to the fibonanci .382 level in the 6s
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Moonboy1 Moonboy1 2 years ago
I know TA. I was just pointing out that these people were pumping it at the peak with a buy rating. That's like a you tuber telling you about a penny stock after it ran up 200% that day. The fibs havnt been very predictable lately in this bear market. But for a short term bounce maybe the .618 is a good indicator. I'm looking at the chart and there is some support at around the $7.00 level and a lot of support at the $6.50ish level. Anything under $8 does seem like a good time to start dollar cost averaging back in however in my opinion. GL. $ABOS
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Moonboy1 Moonboy1 2 years ago
I know TA. I was just pointing out that these people were pumping it at the peak with a buy rating. That's like a you tuber telling you about a penny stock after it ran up 200% that day. The fibs havnt been very predictable lately in this bear market. But for a short term bounce maybe the .618 is a good indicator. I'm looking at the chart and there is some support at around the $7.00 level and a lot of support at the $6.50ish level. Anything under $8 does seem like a good time to start dollar cost averaging back in however in my opinion. GL. $ABOS
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starkd748 starkd748 2 years ago
7.95 at the .618 is a buy if the pivot point holds we go to the 1.618 fibonanci extension...Analysts don't mean anything...Chart the fibonanci retracement...You need newbies need to understand technical analysis not reading prs lmfao...
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Moonboy1 Moonboy1 2 years ago
So how much did they pay these analysts to give it a buy a raiting? Back to $5?
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subslover subslover 2 years ago
Closed @ $10 :)
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starkd748 starkd748 2 years ago
Me too I'm waiting next week lol
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Moonboy1 Moonboy1 2 years ago
Where's the gap? I can't get my bar chart up on trading view.
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Imott Imott 2 years ago
I would like the share price to get to 7.65 around 355 PM today. That may not happen as I could be a dollar short.
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starkd748 starkd748 2 years ago
Gap fill time stochastic overbought
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subslover subslover 2 years ago
Yes!
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TheFinalCD TheFinalCD 2 years ago
broke to the UPside nicely today
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starkd748 starkd748 2 years ago
Waiting on the gap to fill then I buy for a flip...Gaps always get filled
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TheFinalCD TheFinalCD 2 years ago
the open shook some out, then it took off aGAIN

CONGRAT$ to anyone making $$
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Pt3 Pt3 2 years ago
Pick me up 9
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subslover subslover 2 years ago
Alzheimerโ€™s drug Rally
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