Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 0.1M |
Gross Profit | -0.1M |
Operating Expense | 13.1M |
Operating I/L | -13.1M |
Other Income/Expense | 1.8M |
Interest Income | 1.8M |
Pretax | -11.3M |
Income Tax Expense | -1.8M |
Net Income/Loss | -9.5M |
Acumen Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company specializing in the discovery and development of therapies for Alzheimer's disease. The company's primary focus is on advancing a targeted immunotherapy drug candidate, ACU193, a humanized monoclonal antibody in Phase I clinical-stage, designed to target soluble amyloid-beta oligomers. Through the development and potential commercialization of ACU193, Acumen Pharmaceuticals aims to generate revenue by providing a novel treatment option for Alzheimer's disease, addressing a significant unmet medical need in the market.