Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Alto Neuroscience Inc (N:ANRO)

Business Focus: Biotechnology & Medical Research

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 369 South San Antonio Rd.
LOS ALTOS CA 94022
Tel: N/A
Website: https://www.altoneuroscience.com
IR: See website
Key People
Amit Etkin
Chairman of the Board, President, Chief Executive Officer
Nicholas Smith
Chief Financial Officer
Adam Savitz
Chief Medical Officer
Business Overview
Alto Neuroscience, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on redefining psychiatry by leveraging individuals' neurobiology to develop personalized and effective treatment options. Through insights derived from the Company's scalable and proprietary Precision Psychiatry Platform, which applies rigorous data science and robust analytics to data gathered by neurocognitive assessments, electroencephalography, and wearable devices, the Company aims to discover brain-based biomarkers to better identify which patients are more likely to respond to its novel product candidates. Its pipeline consists of five clinical-stage assets, such as ALTO-100, ALTO-202, ALTO-300, ALTO-101, and ALTO-203, which target depressive disorder and schizophrenia populations as identified by independent brain-based biomarkers. Its pipeline also includes novel drug candidates in depression, post-traumatic stress disorder (PTSD), and other mental health conditions.
Financial Overview
For the fiscal year ended 31 December 2023, Alto Neuroscience Inc revenues was not reported. Net loss increased 31% to $36.3M. Higher net loss reflects Research and development - Bal increase of 27% to $28.1M (expense), Grant income decrease from $1.7M (income) to $0K, General and administrative - Balancing v increase of 29% to $6.8M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$1.08 to -$1.42.