Larimar Therapeutics/$LRMR

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About Larimar Therapeutics

Larimar Therapeutics Inc is a clinical-stage biotechnology company focused on developing treatments for patients suffering from complex rare diseases using its novel cell penetrating peptide technology platform. Its flagship product candidate, nomlabofusp, is a subcutaneously administered recombinant fusion protein designed to deliver frataxin (FXN) to the mitochondria of patients with Friedreich's ataxia (FA), a rare genetic disease characterized by insufficient production of FXN. The company also plans to use its intracellular delivery platform to design other fusion proteins to target additional rare diseases characterized by deficiencies in intracellular bioactive compounds.
Ticker
$LRMR
Sector
Health
Primary listing
NASDAQ
Employees
71

LRMR Metrics

BasicAdvanced
$400M
-
-$1.93
0.75
-

What the Analysts think about LRMR

Analyst ratings (Buy, Hold, Sell) for Larimar Therapeutics stock.
Analyst projections of the future price of Larimar Therapeutics stock.

Bulls say / Bears say

FDA Breakthrough Therapy Designation underscores potential for nomlabofusp to demonstrate substantial improvement over existing Friedreich’s ataxia treatments, expediting development and review timelines (Reuters)
Initiation of rolling BLA submission with the first module submitted in June 2026 and FDA alignment on using skin frataxin as a novel surrogate endpoint sets the stage for submission completion in H2 2026 and potential accelerated approval path (Thomson Reuters)
Strong fiscal position with $156.3 million in cash, cash equivalents, and marketable securities as of June 30, 2026 provides runway into Q3 2027, supporting ongoing development and Phase 3 initiation (Thomson Reuters)
Safety concerns arise from anaphylaxis events in the open label study, with 10 of 43 patients experiencing the reaction, potentially complicating regulatory review and patient acceptance (Reuters)
High cash burn rate reflected by a net loss of $29.6 million in Q1 2026 indicates potential need for further capital raises ahead of commercialization, risking dilution (Reuters)
Recent equity offering triggered a 10.8% share price drop in extended trading, highlighting dilution risk and investor sensitivity to funding-dependent clinical-stage biotechs (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 24 Aug 2026.

LRMR Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

LRMR Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

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