Alector Inc (NAS:ALEC)
$ 1.78 -0.04 (-2.2%) Market Cap: 174.32 Mil Enterprise Value: -244.33 Mil PE Ratio: 0 PB Ratio: 1.47 GF Score: 50/100

Alector Inc at JPMorgan Healthcare Conference Transcript

Jan 16, 2020 / 12:30AM GMT
Release Date Price: $19.89 (+5.18%)
Unidentified Analyst

Okay. Good afternoon, everyone. Welcome to this, let's say, late afternoon session. It's great to see many of you here. I'm part of the investment banking team of JPMorgan. And it is my pleasure this afternoon to welcome to our conference, Arnon Rosenthal, the CEO of Alector. He will be talking to you for about 30 minutes, 25, probably. And so you know the breakout room is going to be the Olympic Room. Welcome.

Arnon Rosenthal
Alector, Inc. - Co-Founder, CEO & Director

Thank you. Sorry. That really point us to a new direction, new therapeutic direction for degenerative brain disorders. So the surprising human genetic finding was that although no degenerative diseases, when you look at the human brain, you see myeloid cells degenerating and dying. The human genetic tells us that what causes the disease or what allows the disease to happen are actually dysfunctional immune cells in the brain. So dysfunctional immune system in the brain causes neurodegenerations based on the human genetic, particularly in Alzheimer's disease. So this is just one

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