Acumen Pharmaceuticals Inc

NASDAQ ABOS

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Acumen Pharmaceuticals Inc Invested Capital for the year ending December 31, 2023: USD 298.02 M

Acumen Pharmaceuticals Inc Invested Capital is USD 298.02 M for the year ending December 31, 2023, a 57.78% change year over year. Invested capital represents the total amount of capital invested in a company's operations, including both equity and debt. It is calculated by subtracting the sum of current liabilities (excluding short-term debt) from the total assets of a company. Invested capital reflects the long-term financial resources employed in the company's operations. It is an important measure to evaluate a company's capital structure and assess the amount of capital invested in its productive assets.
  • Acumen Pharmaceuticals Inc Invested Capital for the year ending December 31, 2022 was USD 188.88 M, a -16.17% change year over year.
  • Acumen Pharmaceuticals Inc Invested Capital for the year ending December 31, 2021 was USD 225.32 M.
NASDAQ: ABOS

Acumen Pharmaceuticals Inc

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 20, 2024

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