Acumen Pharmaceuticals shares are trading higher after the company announced it will present topline results from a Phase 1 trial of its candidate ACI193 at the Alzheimer's Association International Conference in July.
Portfolio Pulse from Benzinga Newsdesk
Acumen Pharmaceuticals announced it will present topline results from a Phase 1 trial of its Alzheimer's drug candidate ACI193 at the Alzheimer's Association International Conference in July, causing its shares to trade higher.
June 13, 2023 | 3:33 pm
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Acumen Pharmaceuticals' shares are trading higher after announcing the presentation of topline Phase 1 trial results for ACI193 at the Alzheimer's Association International Conference.
The announcement of the presentation of topline Phase 1 trial results for Acumen Pharmaceuticals' Alzheimer's drug candidate ACI193 at a major conference is a positive development for the company. This news is likely to generate interest from investors and could lead to increased demand for the stock, causing its price to rise in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100