Overall impact
B (69)

Commentary

Alector is a strong overall performer. With a 'B' rating of 69.1 for overall impact (81st percentile compared to all companies), Alector ranks 292nd out of 585 industry peers, behind Biogen, Gilead Sciences, Amgen and 288 others, and ahead of Grifols, Ionis Pharmaceuticals, Jazz Pharmaceuticals and 290 others. On top material causes for Alector's industry (Pharmaceuticals & Biotech), Alector performs well in Disease Eradication (96.7 score), Technology Innovation (82.7), Child and Maternal Health (92.2) and 4 other causes where it received an 'A' score and performs poorly in Disaster Readiness and Effective Aid (39.1 score) and Humane Treatment of Animals (4.0).
Impact
Cause ALEC
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Company
Employees
103
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ca, United States
Share classes
ALEC
Description
Alector, Inc., a late-stage clinical biotechnology company, develops therapies that are focused on counteracting the devastating progression of neurodegenerative diseases. The company's products under development include Latozinemab (AL001), an investigational human recombinant monoclonal antibody designed to elevate progranulin (PGRN), a protein encoded by the granulin (GRN) gene that regulates lysosomal function, neuronal survival, and inflammation in the brain. Its lead PGRN-elevating candidate is being developed for the potential treatment of frontotemporal dementia with a granulin gene mutation (FTD-GRN), which is caused by heterozygous loss-of-function (LOF) mutations in the GRN gene and results in PGRN haploinsufficiency. This candidate is currently in Phase 3 clinical trial. Alector also develops AL101/GSK4527226, which is in Phase 2 clinical trial for the treatment of neurodegenerative diseases, including Alzheimer's and Parkinson's diseases. In addition, the company's preclinical and research pipeline products include ADP037-ABC, a proprietary anti-amyloid beta (Aß) antibody paired with proprietary ABC for the treatment of Alzheimer's disease (AD); ADP050-ABC, a GCase replacement therapy paired with proprietary ABC for GBA gene mutation carriers with Parkinson's disease and Lewy body dementia; ADP056, a Reelin modulator designed to block tau pathology and promote synaptic function in AD; and ADP063-ABC and ADP064-ABC, which are therapeutic candidates paired with proprietary ABC that target tau pathology in AD through distinct approaches. Alector has a strategic collaboration agreement with GlaxoSmithKline plc for the development and commercialization of progranulin-elevating monoclonal antibodies, including Latozinemab and AL101, to treat neurodegenerative diseases. The company was founded in 2013 and is headquartered in South San Francisco, California.
Material causes
Ethos considers the following causes material for Alector, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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