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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 host a KOL webinar on August 24, 2022, at 10:00 AM ET, focusing on innovative vaccination strategies for Alzheimer's and Parkinson's diseases. The event will feature Dr. Cynthia A. Lemere from Brigham & Women's Hospital, discussing the immunotherapy landscape and biomarker selection. AC Immune's management will present their precision medicine approach and pipeline. A live Q&A session will follow the presentation. Registration is available online, with a replay planned for later viewing on the company's website.

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AC Immune SA (Nasdaq: ACIU) announced the presentation of findings from the Alzheimer’s Prevention Initiative Autosomal Dominant Alzheimer’s Disease (ADAD) Colombia Trial at the Alzheimer’s Association International Conference. Crenezumab, the anti-amyloid beta antibody tested, was safe with no ARIA-E cases observed. Numerical differences favoring crenezumab over placebo were noted, but none reached statistical significance. The study's limitations included lower statistical power due to the population's demographics. All mutation carriers will continue receiving crenezumab as data is further analyzed.

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AC Immune SA (NASDAQ: ACIU) announced significant clinical advancements and financial updates. The company has delivered three clinical readouts in 2022 and aims for four more by year-end. The first patient has been dosed in the Phase 1b/2 trial of its anti-Abeta vaccine ACI-24.060 targeting Alzheimer's and Down syndrome. Financially, AC Immune holds CHF 154.1 million, ensuring operations through Q1 2024. However, a net loss of CHF 19.6 million was reported for Q2 2022, slightly higher than the previous year's loss.

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AC Immune SA (NASDAQ: ACIU) has announced its participation in the Alzheimer’s Association International Conference (AAIC) from July 31 to August 4, 2022, in San Diego. The company will present 10 findings, including new Phase 2 results for the Tau PET tracer PI-2620 and an innovative clinical trial design for ACI-24.060 aimed at Alzheimer's and Down syndrome patients. CEO Andrea Pfeifer emphasized the significance of these results in shifting treatment paradigms for neurodegenerative diseases, highlighting the collaboration with partners like Genentech.

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AC Immune SA (NASDAQ: ACIU) held its Annual General Meeting in June 2022, where shareholders re-elected the Board of Directors. Douglas Williams continues as Chairman. The company reported progress in its pipeline, including interim Phase 1b/2a data for the anti-pTau vaccine ACI-35.030 and clinical proof-of-concept for an alpha-synuclein PET tracer. They remain on track for four additional clinical data readouts in 2022 and have sufficient cash for operations into 2024.

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AC Immune SA (NASDAQ: ACIU) announced results from its Alzheimer’s Prevention Initiative Autosomal Dominant Alzheimer's Disease Colombia Trial. The investigational drug, crenezumab, did not statistically significantly slow cognitive decline in patients with a specific genetic mutation linked to early-onset Alzheimer’s. Although numerical advantages over placebo were noted, they lack statistical significance. The trial, involving 252 participants, reported no new safety issues. Initial data will be shared at the Alzheimer's Association International Conference on August 2, 2022.

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AC Immune announced participation in the 2022 Jefferies Healthcare Conference from June 8-10, 2022, in New York. CEO Andrea Pfeifer will discuss the company's progress in neurodegenerative disease treatments during a fireside chat on June 9 at 8:00 am EDT. The company aims to shift the treatment paradigm towards early diagnosis and disease prevention. Key milestones include the reporting of Phase 2 results for crenezumab in an Alzheimer's prevention trial, expected soon. AC Immune is focused on advancing precision medicine through its innovative therapeutic and diagnostic pipeline.

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AC Immune (NASDAQ: ACIU) announced that CEO Dr. Andrea Pfeifer will receive the Aenne Burda Award for Creative Leadership during the DLD Conference in Munich, May 20-22, 2022. This award recognizes her pioneering work in neurodegenerative diseases, including Alzheimer’s and Parkinson’s. Under her leadership since 2003, AC Immune has developed a promising pipeline of diagnostics and treatments, positioning the company as a leader in precision medicine. The award highlights the urgency of addressing global challenges posed by these diseases.

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AC Immune SA (NASDAQ: ACIU) has published findings in JAMA Neurology demonstrating the safety and immunogenicity of its ACI-24 anti-Abeta vaccine in individuals with Down syndrome (DS). This Phase 1b trial showed a positive immune response without serious adverse effects, indicating the vaccine's potential for future Alzheimer’s disease interventions. An optimized formulation is set to enter further clinical testing this year, reinforcing AC Immune's commitment to addressing neurodegenerative diseases.

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AC Immune, a clinical-stage biopharmaceutical company, reported Q1 2022 results highlighting key advancements in neurodegenerative disease treatments. They announced favorable interim data from the ACI-35.030 anti-pTau vaccine, showcasing strong immunogenicity and safety. Additionally, the ACI-12589 PET tracer provided first images of alpha-synuclein in human brains, critical for diagnosing MSA. With a solid cash position of CHF 173.8 million, the company remains funded through at least Q1 2024, expecting five more clinical readouts by year's end to boost value creation.

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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

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ACIU Stock Data

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