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Acumen Pharmaceuticals Inc
NASDAQ ABOS
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Acumen Pharmaceuticals Inc Quick Ratio for the quarter ending March 31, 2024
Acumen Pharmaceuticals Inc Quick Ratio is NA for the quarter ending March 31, 2024. The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations using its most liquid assets. It is calculated by dividing the current assets minus inventory by the current liabilities. This ratio provides insights into the company's liquidity position and its ability to pay off current liabilities without relying on inventory sales. A higher ratio suggests a stronger ability to meet short-term obligations with readily available assets.
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Acumen Pharmaceuticals Inc Quick Ratio for the quarter ending March 31, 2023 was 16.41, a -66.33% change year over year.
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Acumen Pharmaceuticals Inc Quick Ratio for the quarter ending March 31, 2022 was 48.72, a 3,518.89% change year over year.
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Acumen Pharmaceuticals Inc Quick Ratio for the quarter ending March 31, 2021 was 1.35.
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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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