Acumen Pharmaceuticals

Acumen Pharmaceuticals

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Overview

Acumen is a clinical-stage biopharmaceutical company developing a novel disease-modifying approach to target amyloid-beta oligomers, (AβOs), which Acumen believes to be a key underlying cause of Alzheimer’s disease, or AD. Acumen is currently focused on advancing a targeted immunotherapy drug candidate, ACU193, to establish proof of mechanism in early AD patients. Acumen initiated its Phase 1 clinical trial of ACU193 in the second quarter of 2021 with the objective to evaluate its safety and tolerability and explore its pharmacokinetics and target engagement. This trial is currently enrolling patients with mild cognitive impairment and mild dementia due to AD. ACU193 Phase 1 data intended to evaluate safety and tolerability and demonstrate clinical proof of mechanism are expected by year end 2022.

About

Industries

Biotechnology, Therapeutics, Health Diagnostics

Founded

1996

Employees

11-50

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Acumen Pharmaceuticals headquartered in United States, North America, operates in the Biotechnology, Therapeutics, Health Diagnostics sector. The company focuses on Biotechnology and has secured $24.8B in funding across 84 round(s). With a team of 11-50 employees, Acumen Pharmaceuticals is actively contributing to advancements in Biotechnology. Their latest funding round, Venture Round - Acumen Pharmaceuticals, raised $1.5M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Grant Krafft

Grant Krafft

Scientific Advisor

Funding Rounds

Funding rounds

7

Investors

1

Lead Investors

0

Total Funding Amount

$295.1M

Details

3

Acumen Pharmaceuticals has raised a total of $295.1M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2020Early Stage Venture75.0M
2018Early Stage Venture15.0M
2013Early Stage Venture20.0M

Investors

Acumen Pharmaceuticals is funded by 14 investors.

Investor NameLead InvestorFunding RoundPartners
PBM Capital Group-FUNDING ROUND - PBM Capital Group15.0M
Nimesh Shah-FUNDING ROUND - Nimesh Shah50.0M
Acumen Pharmaceuticals-FUNDING ROUND - Acumen Pharmaceuticals50.0M
K2 HealthVentures-FUNDING ROUND - K2 HealthVentures50.0M

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