Alector, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Arnon Rosenthal
- Full Time Employees
- 175
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 131 Oyster Point Boulevard South San Francisco CA United States of America 94080
- IPO Date
- Feb 7, 2019
- CIK
- 0001653087
- Website
- alector.com
- Similar Companies
- Business
- Alector, Inc. (Nasdaq: ALEC) is a clinical-stage biotechnology company focused on developing immuno-neurology therapies to counteract the progression of neurodegenerative diseases such as Alzheimer's disease, frontotemporal dementia, Parkinson's disease and Lewy body dementia. Founded in 2013 and headquartered in South San Francisco, California, the company advances a pipeline of antibody, enzyme replacement and siRNA therapeutics leveraging its proprietary Alector Brain Carrier (ABC) technology for enhanced brain delivery; core programs include AL101 (PGRN antibody in Phase 2 for Alzheimer's disease, partnered with GSK), nivisnebart (PGRN x SORT1 antibody in Phase 2 for Alzheimer's), AL002 (TREM2 agonist in Phase 2 for Alzheimer's), AL137 (anti-amyloid beta antibody in preclinical for Alzheimer's), AL050 (GCase-ERT in preclinical for Parkinson's, Gaucher disease and Lewy body dementia), ADP064-ABC (anti-tau siRNA in research for Alzheimer's and frontotemporal dementia), ADP062-ABC (anti-α-synuclein siRNA in research for Parkinson's) and ADP065-ABC (anti-NLRP3 siRNA in research for Alzheimer's and Parkinson's). Alector operates primarily in the United States with global clinical trial activities and strategic collaborations including ongoing partnerships with GSK and historical alliances such as with AbbVie. Recent developments encompass completion of enrollment at approximately 75% in the Phase 2 PROGRESS-AD trial for early Alzheimer's by mid-2025, progression of ABC-enabled candidates targeting clinical entry for ADP037-ABC (anti-amyloid beta) and ADP050-ABC (GCase enzyme) in 2026 pending preclinical results, reporting of $457.2 million in cash reserves as of September 2024 to fund operations through 2026, and mixed clinical outcomes including the failure of partnered latozinemab in a frontotemporal dementia trial in 2025.
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