Alector Inc. (0Z2)
XFRA 
Summary
0Z2 Chart
Alector (ALEC) Reports Q4 Loss, Beats Revenue Estimates
Alector (ALEC) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to a loss of $0.02 per share a year ago.
Alector Stock Plummets 63% in a Month: Here's What You Need to Know
ALEC stock plunges after its dementia candidate fails to slow disease progression in a late-stage study, prompting job cuts and a strategic pipeline shift.
Alector (ALEC) May Report Negative Earnings: Know the Trend Ahead of Q3 Release
Alector (ALEC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Alector Inc. Profile
| Biotechnology Industry | Healthcare Sector | Arnon Rosenthal CEO | XFRA Exchange | US0144421072 ISIN |
| US Country | 175 Employees | - Last Dividend | - Last Split | 7 Feb 2019 IPO Date |
Overview
Alector, Inc. is a pioneering clinical-stage biopharmaceutical company, dedicated to breaking new ground in the treatment of neurodegeneration diseases. Since its establishment in 2013, Alector has focused on developing innovative therapies that target key aspects of neurodegenerative disorders. The company is engaged in rigorous research and development efforts, leveraging its expertise in biotechnology to create solutions that could potentially transform the treatment landscape for conditions such as Alzheimer's, Parkinson's, and amyotrophic lateral sclerosis, among others. Headquartered in South San Francisco, California, Alector is propelled by strategic collaborations with entities like Adimab, LLC, for antibody research and development, and GlaxoSmithKline plc, focusing on the development and commercialization of specific monoclonal antibodies targeting neurodegenerative diseases.
Products and Services
- AL001 - This promising drug candidate is in Phase III clinical trials and targets immune activity within the brain that has genetic connections to a variety of neurodegenerative disorders. AL001 has the potential to treat frontotemporal dementia, Alzheimer's, Parkinson's, and amyotrophic lateral sclerosis by leveraging the immune system's role in these diseases.
- AL101 - Currently in Phase I clinical trials, AL101 represents Alector's commitment to expanding its portfolio of treatments across the spectrum of neurodegenerative diseases. Focusing primarily on Alzheimer's and Parkinson's diseases, AL101 is evaluated for its potential to modify the course of these challenging conditions.
- AL002 - This product candidate is in the midst of Phase II clinical trials, aimed specifically at treating Alzheimer's disease. By focusing on unique targets within the Alzheimer's disease pathology, AL002 stands as a testament to Alector's innovative approach to tackling this prevalent and debilitating condition.
