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Larimar Therapeutics, Inc.

corporate_fare Company Profile

Larimar Therapeutics, Inc.

LRMR·NASDAQ·Life Sciences·CIK 0001374690

We are a clinical-stage biotechnology company focused on developing treatments for patients suffering from complex rare diseases using our novel cell penetrating peptide ("CPP") technology platform. Our lead product candidate, nomlabofusp, is a subcutaneously administered, recombinant fusion protein intended to deliver frataxin ("FXN"), an essential protein, to the mitochondria of patients with Friedreich's ataxia ("FA"). FA is a rare, progressive, and fatal disease in which patients are unable to produce sufficient FXN due to a genetic abnormality. Currently, there are no treatment options that address the core deficit of FA, low levels of FXN. Nomlabofusp represents the first potential therapy designed to systemically increase FXN levels in patients with FA. We believe that our CPP platform, which enables a therapeutic molecule to cross a cell membrane in order to reach intracellular targets, also has the potential to enable the treatment of other rare and orphan diseases. We intend to use our proprietary platform to target additional orphan indications characterized by deficiencies in or alterations of intracellular content or activity. Since our inception, we have devoted substantially all of our resources to developing nomlabofusp, building our intellectual property portfolio, developing third-party manufacturing capabilities, business planning, raising capital, and providing general and administrative support for such operations. As of December 31, 2025, we had cash, cash equivalents, and marketable securities of $136.9 million. Nomlabofusp has Orphan Drug Designation, Fast Track Designation, Pediatric Rare Disease Designation and Breakthrough Therapy Designation from the FDA. It has also been granted Orphan Drug Designation and access to the European Medicines Agency's ("EMA's") Priority Medicines Program ("PRIME") scheme in the European Union (the "EU"). We have also received access in the United Kingdom (the "UK") to the Medicines and Healthcare Regulatory Agency's ("MHRA") Innovative Licensing and Access Pathway ("ILAP").

Larimar Therapeutics, Inc. (NASDAQ:LRMR) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 22 items for LRMR at importance 7 or higher on its 1–10 market-impact scale.

Recent high-impact activity:

  • Larimar Therapeutics Restructures Major Investor's Common Stock into Convertible Preferred Shares
  • Larimar Therapeutics Reports Strong Cash Position and Positive Nomlabofusp Clinical Data, Targets Q2 2026 BLA Submission

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$165.67M
Op. Cash Flow
-$113.2M
Free Cash Flow
-$113.29M
Operating Income
-$172.5M
Cash & Equivalents
$85.41M
Debt / Equity
0.00×
Shares Outstanding
83.09M sh
Source: 10-K · filed 2026-03-19 · accession 0001193125-26-115878
$3.78 -0.01% today
52-week range · as of 2026-08-04 $2.71 – $6.42
Market cap
$393.72M
Volume
1.6M (1.6× avg)
3-mo avg 1.1M
Live data · 2026-09-21 01:46 UTC · Market closed

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feed LRMR - Filings & News (Page 2)

LRMR
Jan 22, 2026, 7:00 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $3.37
Real-time Price: $3.78 info
Change: +$0.4119 (+12%) info
Market Cap: $393.716M info
LRMR
Jan 12, 2026, 4:18 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $3.25
Real-time Price: $3.78 info
Change: +$0.5319 (+16%) info
Market Cap: $393.716M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets