Acumen Pharmaceuticals Presents Sabirnetug Fluid Biomarker, Target Engagement Analyses From Phase 1 INTERCEPT-AD Study In Early Alzheimer's At AD/PD 2024 Annual Meeting
Portfolio Pulse from Benzinga Newsdesk
Acumen Pharmaceuticals presented positive results from the Phase 1 INTERCEPT-AD study of sabirnetug for early Alzheimer's at the AD/PD 2024 Annual Meeting. The cerebrospinal fluid biomarker results support sabirnetug's effects in the brain. A novel assay was showcased for assessing sabirnetug's binding to amyloid beta oligomers. Acumen is set to begin a Phase 2 trial and a Phase 1 subcutaneous study in 2024.
March 08, 2024 | 1:57 pm
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Acumen Pharmaceuticals, represented by the symbol ABOS, presented positive Phase 1 results for sabirnetug in early Alzheimer's, indicating a strong foundation for upcoming Phase 2 and subcutaneous studies in 2024.
The positive results from the Phase 1 INTERCEPT-AD study of sabirnetug, as presented by Acumen Pharmaceuticals, are likely to generate positive investor sentiment. The successful development of a novel assay for assessing sabirnetug's efficacy and the announcement of upcoming Phase 2 and subcutaneous studies in 2024 further bolster the company's prospects. These developments are expected to have a positive short-term impact on ABOS's stock price, as they demonstrate progress in a high-interest area of medical research and potential future revenue streams.
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