Why did Acumen's operating expenses surge in Q4 2024?
5/9/2025 01:13am
The surge in Acumen Pharmaceuticals Inc's (ABOS) operating expenses in Q4 2024 can be attributed to **Increased Research and Development (R&D) Expenses** and **General and Administrative (G&A) Expenses**:
1. **Research and Development (R&D) Expenses**: These rose to $93.8 million in 2024 from $42.3 million in 2023, primarily due to clinical trial costs and personnel expenses. The significant increase is attributed to the costs associated with the ALTITUDE-AD clinical trial.
2. **General and Administrative (G&A) Expenses**: These rose to $20.2 million in 2024 from $18.8 million in 2023, driven by personnel costs.
In summary, the surge in operating expenses is a result of increased investments in R&D and G&A, reflecting the company's growth and expansion into new clinical trials and operational developments.