Acumen Pharmaceuticals Inc

NASDAQ ABOS

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Acumen Pharmaceuticals Inc Return on Net Assets (RONA) 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -53.05%

Acumen Pharmaceuticals Inc Return on Net Assets (RONA) 2 year CAGR is -53.05% for the Trailing 12 Months (TTM) ending March 31, 2024, a 20.02% change year over year. Return on net assets measures the profitability of a company relative to its net assets, which include total non-current assets and working capital. It is calculated by dividing the net income by the sum of total non-current assets and working capital. This ratio indicates the return generated for each unit of net asset investment made by the company. A higher return on net assets suggests better profitability and efficient utilization of the company's asset base. 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.
  • Acumen Pharmaceuticals Inc Return on Net Assets (RONA) for the Trailing 12 Months (TTM) ending March 31, 2023 was -2.92%, a 76.24% change year over year.
  • Acumen Pharmaceuticals Inc Return on Net Assets (RONA) for the Trailing 12 Months (TTM) ending March 31, 2022 was -12.31%, a 52.28% change year over year.
  • Acumen Pharmaceuticals Inc Return on Net Assets (RONA) for the Trailing 12 Months (TTM) ending March 31, 2021 was -25.79%.
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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