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Alector, Inc.

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Alector, Inc.

ALEC·NASDAQ·Life Sciences·CIK 0001653087

Alector, Inc. is a clinical-stage biotechnology company that develops therapies for neurodegenerative diseases, focusing on areas with significant unmet medical needs. The company's work is based on advancements in disease biology, including the roles of misfolded or deficient proteins, lysosomal dysfunction, and disruptions in immune and neuronal pathways. Alector aims to develop product candidates that address diseases through targeted mechanisms, such as removing pathogenic proteins, replacing deficient proteins, and restoring normal cellular function. The company is advancing a portfolio of programs focused on genetically validated targets, supported by its expertise in drug development, protein engineering, and antibody discovery. A key part of its strategy is the Alector Brain Carrier (ABC) platform, a proprietary blood-brain barrier (BBB) delivery technology designed to improve central nervous system exposure for various therapeutic types. This platform is being refined to enable effective brain delivery at clinically practical doses of antibodies, enzymes, and siRNA therapeutics. Alector also invests in biomarkers and biomarker assays to guide patient selection, demonstrate target and pathway engagement, and assess biological impact in clinical trials. Alector's portfolio includes nivisnebart (formerly AL101/GSK4527226), an investigational progranulin (PGRN)-elevating antibody. This candidate has completed enrollment in a placebo-controlled, double-blinded Phase 2 study for early Alzheimer's disease (AD) under a July 2021 Collaboration and License Agreement with Glaxo Wellcome UK Limited, a subsidiary of GlaxoSmithKline plc (GSK). The company's wholly owned programs include lead candidates in preclinical development for a brain-penetrant anti-amyloid beta antibody for Alzheimer's disease and a brain-penetrant GCase enzyme replacement therapy for Parkinson's disease (PD) and Lewy body dementia (LBD). Alector is also developing brain-penetrant siRNA programs targeting tau for Alzheimer's disease, α-synuclein for Parkinson's disease, and NLRP3, which has potential applications across multiple neurodegenerative conditions. Nivisnebart is an investigational human recombinant monoclonal antibody designed to elevate PGRN levels in the brain, with pharmacokinetic and pharmacodynamic properties potentially suitable for treating prevalent neurodegenerative diseases.

Alector, Inc. (NASDAQ:ALEC) is a publicly traded company in the Life Sciences sector. Wiseek monitors ALEC SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Alector Establishes New $125M At-The-Market Equity Offering Program
  • Alector Launches $125M At-The-Market Offering, Potentially Diluting Shares by 43.8% Amidst Program Discontinuation
  • GSK Halts Alector's Phase 2 Nivisnebart Trial on Futility; Q1 Revenue Plummets 71%
  • Alector Reports Q1 2026 Results: Nivisnebart Phase 2 Trial Discontinued, Revenue Plummets 71.5%
  • Alector Files $400M Universal Shelf Registration, Including $91.8M in New Capacity, Amidst Financial Challenges

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$21.05M
Net Income
-$142.93M
Diluted EPS
-$1.39
Op. Cash Flow
-$184.03M
Free Cash Flow
-$184.07M
Operating Income
-$156.01M
Cash & Equivalents
$65.8M
Total Debt
$9.69M
Debt / Equity
0.32×
Net Margin
-6.79×
Shares Outstanding
110.36M sh
Source: 10-K · filed 2026-02-25 · accession 0001193125-26-071593
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$1.53
52-week range · as of 2026-05-07 $0.9728 – $3.4
Market cap
$169.87M
Volume
263.8K (0.4× avg)
3-mo avg 662.3K
Live data · 2026-06-13 13:46 UTC · Market closed

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feed ALEC - Latest Insights

ALEC
May 07, 2026, 5:15 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $2.41
Real-time Price: $1.53 info
Change: -$0.880 (-37%) info
Market Cap: $169.869M info
ALEC
May 07, 2026, 5:13 PM EDT
Filing Type: 424B5
Importance Score:
9
Price at Filing: $2.41
Real-time Price: $1.53 info
Change: -$0.880 (-37%) info
Market Cap: $169.869M info
ALEC
May 07, 2026, 4:32 PM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $2.44
Real-time Price: $1.53 info
Change: -$0.910 (-37%) info
Market Cap: $169.869M info
ALEC
May 07, 2026, 4:17 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $2.44
Real-time Price: $1.53 info
Change: -$0.910 (-37%) info
Market Cap: $169.869M info
ALEC
Mar 12, 2026, 4:08 PM EDT
Filing Type: S-3
Importance Score:
8
Price at Filing: $2.21
Real-time Price: $1.53 info
Change: -$0.680 (-31%) info
Market Cap: $169.869M info
ALEC
Feb 25, 2026, 4:15 PM EST
Filing Type: 10-K
Importance Score:
9
Price at Filing: $2.39
Real-time Price: $1.53 info
Change: -$0.860 (-36%) info
Market Cap: $169.869M info
ALEC
Feb 25, 2026, 4:10 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $2.39
Real-time Price: $1.53 info
Change: -$0.860 (-36%) info
Market Cap: $169.869M info