Acumen Pharmaceuticals Inc

NASDAQ ABOS

Data sourced from iex and EODHD
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Acumen Pharmaceuticals Inc Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2024: 852.96

Acumen Pharmaceuticals Inc Working Capital To Sales Ratio is 852.96 for the Trailing 12 Months (TTM) ending March 31, 2024. The working capital to sales ratio measures the proportion of working capital to revenue. It is calculated by dividing the difference between current assets and current liabilities by revenue. This ratio provides insights into the efficiency of working capital utilization relative to revenue generation. A higher ratio suggests better utilization of working capital to generate sales revenue.
  • Acumen Pharmaceuticals Inc Working Capital To Sales Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 26.51.
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 19, 2024

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