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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) 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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AC Immune announces upcoming presentations at the 16th CTAD Conference
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AC Immune to present at Jefferies 2023 CNS & Neuro Summit
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AC Immune to present at H.C. Wainwright 25th Annual Global Investment Conference in September 2023
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AC Immune reports Q2 2023 financial results and provides corporate update. Received FDA Fast Track designation for ACI-24.060 anti-amyloid-beta active immunotherapy. Enrollment in ongoing ABATE study on track. Cash position of CHF 93.0 million finances the Company into Q3 2024.
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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 $2.68 as of December 20, 2024.

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

The market cap of AC Immune SA (ACIU) is approximately 267.1M.

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

ACIU Rankings

ACIU Stock Data

267.15M
77.49M
21.83%
28.82%
1.07%
Biotechnology
Healthcare
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United States of America
Lausanne