Name | Value |
---|---|
Revenues | 15.3M |
Cost of Revenue | 0.0M |
Gross Profit | 15.3M |
Operating Expense | 63.8M |
Operating I/L | -48.4M |
Other Income/Expense | 6.2M |
Interest Income | 0.0M |
Pretax | -42.2M |
Income Tax Expense | 0.0M |
Net Income/Loss | -42.2M |
Alector, Inc. is a clinical stage biopharmaceutical company specializing in developing therapies for neurodegenerative diseases. Their product portfolio includes AL001, a humanized recombinant monoclonal antibody in Phase III clinical trial for frontotemporal dementia, Alzheimer's, Parkinson's, and amyotrophic lateral sclerosis diseases. They also offer AL101 in Phase I clinical trial for neurodegenerative diseases. Additionally, the company has products in development stages, such as AL002 and AL003 for Alzheimer's disease, and AL044 targeting MS4A4A, a risk gene for Alzheimer's disease. Alector, Inc. generates revenue through the research, development, and commercialization of monoclonal antibodies for the treatment of neurodegenerative diseases.