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Acumen Pharmaceuticals to Participate in the Bank of America CNS Therapeutics Virtual Conference

Key Takeaway: Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) will participate in a fireside chat at the Bank of America CNS Therapeutics Virtual Conference on October 7, 2024. The company focuses on developing a novel therapeutic for Alzheimer's disease that targets toxic soluble amyloid beta oligomers. Acumen's investigational product candidate, ACU193, is currently undergoing a Phase 2 clinical trial after yielding positive outcomes in Phase 1. The event highlights Acumen's commitment to advancing research in the field of neuroscience.
Price reaction · baseline $2.48 (2024-09-27 close) · clean, no other ABOS news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • Acumen Pharmaceuticals is advancing a novel therapeutic for Alzheimer's.
  • The company received positive results in its Phase 1 trial INTERCEPT-AD.
  • Management's participation in a notable conference indicates industry engagement.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+76%
120-day peak, hindsight
Typical move
5.9%
average across 7 past catalysts
Cash runway
~18 mo
Low dilution risk
Lead asset
sabirnetug
Phase 2 · Alzheimer Disease

Full Press Release Details

NEWTON, Mass., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS), a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble amyloid beta oligomers for the treatment of Alzheimer’s disease, announced today that management will participate in a fireside chat at the Bank of America CNS Therapeutics Virtual Conference on Monday, Oct. 7, 2024, at 8:00 a.m. ET.
The live webcast may be accessed under the Investors tab on www.acumenpharm.com and will be archived for 90 days.
About Acumen Pharmaceuticals, Inc.
Acumen Pharmaceuticals is a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble amyloid beta oligomers (AβOs) for the treatment of Alzheimer’s disease (AD). Acumen’s scientific founders pioneered research on AβOs, which a growing body of evidence indicates are early and persistent triggers of Alzheimer’s disease pathology. Acumen is currently focused on advancing its investigational product candidate, sabirnetug (ACU193), a humanized monoclonal antibody that selectively targets toxic soluble AβOs, in its ongoing Phase 2 clinical trial ALTITUDE-AD (NCT06335173) in early symptomatic Alzheimer’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.

Frequently Asked Questions

What therapeutic is Acumen Pharmaceuticals developing?

Acumen Pharmaceuticals is developing a therapeutic targeting toxic soluble amyloid beta oligomers for Alzheimer's disease.

When will Acumen participate in a virtual conference?

Acumen will participate in the Bank of America CNS Therapeutics Virtual Conference on Oct. 7, 2024.

What is sabirnetug (ACU193)?

Sabirnetug (ACU193) is a humanized monoclonal antibody targeting toxic soluble AβOs.

What is the focus of Acumen's clinical trials?

Acumen is focused on advancing its investigational product in a Phase 2 trial for early symptomatic Alzheimer’s disease.

Where can I find more information about Acumen Pharmaceuticals?

More information can be found on Acumen Pharmaceuticals' website at www.acumenpharm.com.

Last updated: Sep 30, 2024