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AC Immune SA - ACIU STOCK NEWS

Welcome to our dedicated page for AC Immune SA news (Ticker: ACIU), a resource for investors and traders seeking the latest updates and insights on AC Immune SA stock.

AC Immune SA (NASDAQ: ACIU) is a clinical-stage biopharmaceutical company headquartered in Lausanne, Switzerland, committed to pioneering precision medicine for neurodegenerative diseases. The company specializes in designing, discovering, and developing innovative therapeutic and diagnostic products aimed at preventing and modifying diseases caused by misfolded proteins. Utilizing its two proprietary technology platforms, SupraAntigen® and Morphomer®, AC Immune develops a broad spectrum of antibodies, small molecules, and vaccines targeting conditions such as Alzheimer’s disease (AD), Parkinson’s disease, and NeuroOrphan indications.

With a robust pipeline consisting of sixteen therapeutic and diagnostic programs, AC Immune currently has six product candidates in clinical trials, including five in Phase 2 and one in Phase 3. The most advanced candidate, Crenezumab, is a humanized anti-amyloid-β monoclonal antibody in Phase 3 trials aimed at treating Alzheimer’s disease. Other notable candidates include ACI-24.060, a promising anti-Abeta active immunotherapy for AD and Down syndrome, which has received FDA Fast Track Designation, and ACI-35.030, an anti-pTau active immunotherapy in Phase 2b trials for preclinical AD conducted by Janssen Pharmaceuticals.

Beyond its rich pipeline, AC Immune is known for its strategic partnerships with leading global pharmaceutical companies such as Genentech (a Roche Group member), Eli Lilly and Company, and Takeda. These collaborations have resulted in significant non-dilutive funding and milestone payments totaling over $4.5 billion.

AC Immune recently secured an exclusive option and license agreement with Takeda for its ACI-24.060 product, potentially worth $2.1 billion, and completed a $50 million equity financing to support its operations into 2026. The company's focused efforts on precision prevention are reinforced by its ongoing Phase 2 trials and collaborations aimed at leveraging advanced diagnostic techniques like PET imaging and novel therapeutic approaches for early and effective intervention in neurodegenerative diseases.

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AC Immune SA (NASDAQ: ACIU) announces upcoming presentations at AD/PD™ 2024. Andrea Pfeifer, Ph.D., CEO, to lead AC Immune-sponsored symposium on alpha-synuclein pathologies. The presentations will highlight the precision medicine pipeline at the International Conference on Alzheimer’s and Parkinson’s Diseases (AD/PD™ 2024) in Lisbon, Portugal from March 5-9, 2024.
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AC Immune SA (NASDAQ: ACIU) announced the termination of collaboration agreements with Genentech and Roche, regaining global rights to the anti-amyloid beta antibody crenezumab and the anti-Tau antibody semorinemab. The company will carefully review available data sets before deciding on potential further development and other opportunities. AC Immune is focused on progressing its three active immunotherapies from its precision medicine pipeline, with ongoing Phase 2 clinical trials, potentially revolutionizing how neurodegenerative diseases are addressed. The company is well financed into 2026 and able to advance multiple high-value development programs.
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AC Immune (NASDAQ: ACIU) announces positive progress in its active immunotherapy programs, with three Phase 2 trials progressing to key clinical milestones in 2024. The company's financial position was reinforced with a successful USD50 million equity offering and a CHF15 million milestone payment. ACI-24.060, ACI-7104.056, and ACI-35.030 are all progressing well, with milestones expected in 2024 and beyond.
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AC Immune SA (ACIU) has priced an underwritten offering of 14.3 million common shares at USD 3.50 per share, expecting gross proceeds of approximately USD 50.1 million. The equity offering was led by BVF Partners L.P. and will be used to invest in research, clinical development, technology platforms, and general corporate purposes.
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AC Immune SA (NASDAQ: ACIU) announces the advancement of ACI-35.030, an anti-pTau active immunotherapy, into a Phase 2b trial for preclinical Alzheimer's disease. The study, ReTain, aims to evaluate the effect of ACI-35.030 on cognition and Tau pathology in approximately 500 participants. The trial is designed to potentially prevent or reduce cognitive decline, addressing the need of over 315 million people globally with preclinical AD. AC Immune will receive approximately CHF 40 million in total milestone payments under terms of the licensing agreement with Janssen Pharmaceuticals, Inc. (Janssen), a Johnson & Johnson company.
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AC Immune (NASDAQ: ACIU) appoints Dr. Madiha Derouazi as CSO and Christopher Roberts as CFO. Dr. Derouazi, an accomplished immunologist, was previously CEO of Speransa Therapeutics and founded AMAL Therapeutics, while Christopher Roberts has extensive experience in finance. The retiring CSO, Dr. Marie Kosco-Vilbois, will remain as a consultant to ensure a smooth transition.
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AC Immune SA (NASDAQ: ACIU) will participate in the Jefferies 2023 London Healthcare Conference, including a fireside chat and one-on-one investor meetings. The fireside chat is scheduled for November 16, 2023, at 6:30 AM (ET) / 11:30 AM (GMT), with a webcast available on the company's website.
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AC Immune reported its financial results for Q3 2023 and provided a corporate update. The company is on track to report safety and immunogenicity data from the AD cohort of its ABATE trial by year-end. Results from amyloid plaque reduction analysis after 6 months of treatment are expected in H1 2024. The company also highlighted progress in its pipeline, including the initiation of a Phase 2 trial for ACI-7104.056 in Parkinson's disease. AC Immune's cash position is CHF 79.9 million, which will finance the company into Q4 2024.
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AC Immune will host a KOL webinar on amyloid plaque PET imaging in Alzheimer's Disease on November 9, 2023. Prof. Victor Villemagne will discuss the methodology and clinical implications of plaque lowering. AC Immune will also highlight its anti-Abeta active immunotherapy candidate, ACI-24.060, currently being evaluated in the Phase 1b/2 ABATE study. Initial amyloid-PET imaging analyses are expected in the first half of 2024.
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AC Immune's clinical data on alpha-synuclein PET tracer ACI-12589 published in Nature Communications shows potential as a diagnostic tool for neurodegenerative diseases.
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FAQ

What is the current stock price of AC Immune SA (ACIU)?

The current stock price of AC Immune SA (ACIU) is $2.841 as of October 31, 2024.

What is the market cap of AC Immune SA (ACIU)?

The market cap of AC Immune SA (ACIU) is approximately 282.0M.

What is AC Immune's primary focus?

AC Immune focuses on developing precision medicine for neurodegenerative diseases, including Alzheimer's and Parkinson's diseases, using its proprietary technology platforms.

What are AC Immune's most advanced product candidates?

The most advanced candidates include Crenezumab, a Phase 3 anti-amyloid-β monoclonal antibody for Alzheimer's disease, and ACI-24.060, an anti-Abeta active immunotherapy currently in Phase 2 trials.

What technology platforms does AC Immune use?

AC Immune uses two proprietary technology platforms: SupraAntigen® and Morphomer®, to develop therapeutic and diagnostic solutions for neurodegenerative diseases.

Who are AC Immune's strategic partners?

AC Immune has strategic partnerships with leading global pharmaceutical companies including Genentech (a member of the Roche Group), Eli Lilly and Company, and Takeda.

What is the significance of the recent agreement with Takeda?

The agreement with Takeda grants them exclusive rights to ACI-24.060, potentially worth up to $2.1 billion. This collaboration aims to accelerate the development and commercialization of the active immunotherapy for Alzheimer's disease.

How is AC Immune funded?

AC Immune is funded through strategic partnerships, milestone payments, equity financing, and grants from institutions like the Michael J. Fox Foundation and the Target ALS Foundation.

What is AC Immune’s financial outlook?

With recent equity financing and milestone payments, AC Immune is financially positioned to support its operations into 2026, focusing on advancing its clinical programs.

What ongoing clinical trials is AC Immune conducting?

AC Immune is conducting several clinical trials, including Phase 2 trials for ACI-24.060 in Alzheimer's and Down syndrome, and ACI-7104.056 for Parkinson’s disease, among others.

What recent milestones has AC Immune achieved?

Recent milestones include the FDA Fast Track Designation for ACI-24.060, completion of significant equity financing, and the initiation of a Phase 2b trial for ACI-35.030 by Janssen Pharmaceuticals.

How does AC Immune contribute to the field of neurodegenerative disease research?

AC Immune contributes through its innovative therapeutic and diagnostic products, strategic collaborations, and commitment to developing early and effective interventions for neurodegenerative diseases.

AC Immune SA

Nasdaq:ACIU

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ACIU Stock Data

281.98M
99.68M
21.83%
28.97%
0.81%
Biotechnology
Healthcare
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United States of America
Lausanne