- Investing.com
Metrics to compare | ABOS | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipABOSPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.4x | −3.2x | −0.5x | |
PEG Ratio | 0.08 | −0.07 | 0.00 | |
Price/Book | 2.4x | 3.8x | 2.6x | |
Price / LTM Sales | - | 104.4x | 3.2x | |
Upside (Analyst Target) | 238.3% | 205.9% | 48.8% | |
Fair Value Upside | Unlock | 6.5% | 6.9% | Unlock |
Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops targeted therapies for the treatment of Alzheimer’s disease. It focuses on advancing a targeted immunotherapy drug candidate, sabirnetug (ACU193), which is in its Phase 2 ALTITUDE-AD clinical trial to target toxic soluble amyloid beta oligomers. Acumen Pharmaceuticals, Inc. has a collaboration and license agreement with Halozyme, Inc. for the development of a subcutaneous formulation of Sabirnetug, as well as with JCR Pharmaceuticals Co. Ltd for the development of Aß oligomer-targeted enhanced brain delivery therapy for the treatment of Alzheimer’s disease. The company was incorporated in 1996 and is headquartered in Newton, Massachusetts.