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Acumen Pharmaceuticals Inc
NASDAQ ABOS
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Acumen Pharmaceuticals Inc Retained Earnings 3 year CAGR for the Trailing 12 Months (TTM) ending June 30, 2023
Acumen Pharmaceuticals Inc Retained Earnings 3 year CAGR is NA for the Trailing 12 Months (TTM) ending June 30, 2023. Retained Earnings represent the accumulated profits or losses retained by the company since its inception, minus any dividends or distributions. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
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Acumen Pharmaceuticals Inc Retained Earnings for the Trailing 12 Months (TTM) ending March 31, 2023 was USD -181.73 M, a -32.94% change year over year.
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Acumen Pharmaceuticals Inc Retained Earnings for the Trailing 12 Months (TTM) ending March 31, 2022 was USD -136.70 M.
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NASDAQ: ABOS
| CEO | Mr. Daniel J. O'Connell M.B.A. |
| IPO Date | July 1, 2021 |
| Location | United States |
| Headquarters | 427 Park Street, Charlottesville, VA, United States, 22902 |
| Employees | 51 |
| Sector | Healthcare |
| Industry | Biotechnology |
Description
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 that completed Phase I clinical trial to target soluble amyloid-beta oligomers. The company has a license agreement with Lonza Sales AG to manufacture and commercialize sabirnetug; and 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 Charlottesville, Virginia.
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StockViz Staff
September 19, 2024
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