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ALECAlector Inc

NASDAQ · Healthcare · Biotechnology

$2.46

+$0.06 (+2.71%)

Alector Inc (ALEC) is a biotechnology company listed on NASDAQ. It is led by Arnon Rosenthal Ph.D., based in 131 Oyster Point Boulevard, South San Francisco, CA, United States, 94080, with about 103 employees. Alector, Inc., a clinical stage biotechnology company, develops therapies to counteract the progression of neurodegeneration in the United States. Its pipeline includes Nivisnebart, an investigational human recombinant monoclonal antibody for treating prevalent neurodegenerative diseases; AL137, an anti-amyloid beta antibody paired in preclinical development for the potential treatment of Alzheimer's disease; and AL050, a GCase enzyme replacement therapy in preclinical development for the potential treatment of Parkinson's disease and Lewy body dementia in patients having GBA1 gene mutations. The company also develops its preclinical and research pipeline comprising AL064, a tau siRNA for Alzheimer's disease and other tauopathies; ADP062-ABC, an alpha-synuclein siRNA for Parkinson's disease; and ADP065-ABC, an NLRP3 siRNA for neurodegenerative conditions. It has a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of progranulin-elevating monoclonal antibodies, including Latozinemab and Nivisnebart. The company was founded in 2013 and is headquartered in South San Francisco, California.

Latest reported ALEC revenue for 2025-09-30 was $3.3M. Net income was -$105.7M. Revenue was down 58.6% from 2025-06-30 to 2025-09-30. ALEC currently screens at market cap $216.5M.

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About Alector Inc

Alector, Inc., a clinical stage biotechnology company, develops therapies to counteract the progression of neurodegeneration in the United States. Its pipeline includes Nivisnebart, an investigational human recombinant monoclonal antibody for treating prevalent neurodegenerative diseases; AL137, an anti-amyloid beta antibody paired in preclinical development for the potential treatment of Alzheimer's disease; and AL050, a GCase enzyme replacement therapy in preclinical development for the potential treatment of Parkinson's disease and Lewy body dementia in patients having GBA1 gene mutations. The company also develops its preclinical and research pipeline comprising AL064, a tau siRNA for Alzheimer's disease and other tauopathies; ADP062-ABC, an alpha-synuclein siRNA for Parkinson's disease; and ADP065-ABC, an NLRP3 siRNA for neurodegenerative conditions. It has a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of progranulin-elevating monoclonal antibodies, including Latozinemab and Nivisnebart. The company was founded in 2013 and is headquartered in South San Francisco, California.

ALEC Key Statistics

Market Cap

$216.50M

Volume

530,856

Previous Close

$2.30

Day Range

$2.28$2.46

00

EPS

-$1.23

Revenue

$100.60M

Net Income

-$119.05M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+3.6%

Profit Margin

-118.3%

Employees

103

ALEC Financials

Annual income statement in USD. Latest reported periods first.

ALEC annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$100.60M$97.10M$133.60M$207.09M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$119.05M-$130.39M-$133.31M-$36.33M
EPS (Diluted)-$1.23-$1.56-$1.62-$0.45

Total Assets

$468.30M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$33.02M

Operating Cash Flow

-$229.91M

Free Cash Flow

$0.00

Alector Inc Company Information

Co-Founder, CEO & Director
Arnon Rosenthal Ph.D.
Headquarters
131 Oyster Point Boulevard, South San Francisco, CA, United States, 94080
Phone
415 231 5660
IPO / Founded
2019-02-07
Industry
Biotechnology
Data Updated:

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