Back
Acumen Pharmaceuticals
IPOABOS.NASDAQPast

Acumen Pharmaceuticals

Biotechnology

Company website ↗
Foundation year: 1996
Profitability
+23.44%
IPO date
30/06/2021

About

Total Funding 

$115.1M


Acumen is a clinical-stage biopharmaceutical company developing a novel disease-modifying approach to target amyloid-beta oligomers, (AβOs), which Acumen believes to be a key underlying cause of Alzheimer’s disease, or AD. Acumen is currently focused on advancing a targeted immunotherapy drug candidate, ACU193, to establish proof of mechanism in early AD patients. Acumen initiated its Phase 1 clinical trial of ACU193 in the second quarter of 2021 with the objective to evaluate its safety and tolerability and explore its pharmacokinetics and target engagement. This trial is currently enrolling patients with mild cognitive impairment and mild dementia due to AD. ACU193 Phase 1 data intended to evaluate safety and tolerability and demonstrate clinical proof of mechanism are expected by year end 2022.


Number of employees

500-1000


Headquarters

Carmel, Indiana, United States

Underwriters

NeuroVentures