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Larimar Therapeutics Inc

LRMR

4.280USD

+0.200+4.90%
Close 09/18, 16:00ETQuotes delayed by 15 min
274.04MMarket Cap
LossP/E TTM

Larimar Therapeutics Inc

4.280

+0.200+4.90%
More Details of Larimar Therapeutics Inc Company
Larimar Therapeutics, Inc. is a clinical-stage biotechnology company. The Company is focused on developing treatments for patients suffering from complex rare diseases using its novel cell penetrating peptide (CPP) technology platform. The Company’s lead product candidate, nomlabofusp, is a subcutaneously administered, recombinant fusion protein intended to deliver tissue 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. Its CPP platform, which enables a therapeutic molecule to cross a cell membrane in order to reach intracellular targets, has the potential to enable the treatment of other rare and orphan diseases. It intends to use its proprietary platform to target additional orphan indications characterized by deficiencies in or alterations of intracellular content or activity.
Company Info
Ticker SymbolLRMR
Company nameLarimar Therapeutics Inc
IPO dateJun 19, 2014
CEODr. Carole S. Ben-Maimon, M.D.
Number of employees65
Security typeOrdinary Share
Fiscal year-endJun 19
AddressThree Bala Plaza East. Suite 506
CityBALA CYNWYD
Stock exchangeNASDAQ Global Market Consolidated
CountryUnited States of America
Postal code19004
Phone18445119056
Websitehttps://larimartx.com/
Ticker SymbolLRMR
IPO dateJun 19, 2014
CEODr. Carole S. Ben-Maimon, M.D.
Company Executives
Name
Name/Position
Position
Shareholding
Change
Mr. Thomas Edward Hamilton
Mr. Thomas Edward Hamilton
Independent Director
Independent Director
590.81K
-18.42%
Dr. Carole S. Ben-Maimon, M.D.
Dr. Carole S. Ben-Maimon, M.D.
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
180.86K
-11.38%
Mr. Michael (Mike) Celano
Mr. Michael (Mike) Celano
Chief Financial Officer, Secretary
Chief Financial Officer, Secretary
82.56K
-8.20%
Dr. Russell G. (Rusty) Clayton, Sr.
Dr. Russell G. (Rusty) Clayton, Sr.
Chief Medical Officer
Chief Medical Officer
45.81K
+103.58%
Dr. Gopi Shankar, Ph.D.
Dr. Gopi Shankar, Ph.D.
Chief Development Officer
Chief Development Officer
10.63K
-62.46%
Mr. Frank E. Thomas, CPA
Mr. Frank E. Thomas, CPA
Independent Director
Independent Director
2.00K
--
Mr. Joseph (Joe) Truitt
Mr. Joseph (Joe) Truitt
Independent Chairman of the Board
Independent Chairman of the Board
--
--
Dr. Jeffrey W. Sherman, M.D.
Dr. Jeffrey W. Sherman, M.D.
Independent Director
Independent Director
--
--
Mr. Jonathan S. Leff
Mr. Jonathan S. Leff
Independent Director
Independent Director
--
--
Name
Name/Position
Position
Shareholding
Change
Mr. Thomas Edward Hamilton
Mr. Thomas Edward Hamilton
Independent Director
Independent Director
590.81K
-18.42%
Dr. Carole S. Ben-Maimon, M.D.
Dr. Carole S. Ben-Maimon, M.D.
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
180.86K
-11.38%
Mr. Michael (Mike) Celano
Mr. Michael (Mike) Celano
Chief Financial Officer, Secretary
Chief Financial Officer, Secretary
82.56K
-8.20%
Dr. Russell G. (Rusty) Clayton, Sr.
Dr. Russell G. (Rusty) Clayton, Sr.
Chief Medical Officer
Chief Medical Officer
45.81K
+103.58%
Dr. Gopi Shankar, Ph.D.
Dr. Gopi Shankar, Ph.D.
Chief Development Officer
Chief Development Officer
10.63K
-62.46%
Mr. Frank E. Thomas, CPA
Mr. Frank E. Thomas, CPA
Independent Director
Independent Director
2.00K
--
Revenue Breakdown
FY2019
No Data
By RegionUSD
Name
Revenue
Proportion
United States (Country)
0.00
0.00%
By Business
By Region
No Data
Shareholding Stats
Updated: Sat, Aug 16
Updated: Sat, Aug 16
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Deerfield Management Company, L.P.
35.76%
RA Capital Management, LP
7.06%
Blue Owl Capital Holdings LP
5.76%
Opaleye Management Inc.
4.80%
Millennium Management LLC
4.27%
Other
42.35%
Shareholders
Shareholders
Proportion
Deerfield Management Company, L.P.
35.76%
RA Capital Management, LP
7.06%
Blue Owl Capital Holdings LP
5.76%
Opaleye Management Inc.
4.80%
Millennium Management LLC
4.27%
Other
42.35%
Shareholder Types
Shareholders
Proportion
Hedge Fund
56.79%
Investment Advisor
14.21%
Venture Capital
7.26%
Investment Advisor/Hedge Fund
4.31%
Individual Investor
1.07%
Research Firm
0.97%
Family Office
0.07%
Bank and Trust
0.06%
Pension Fund
0.06%
Other
15.20%
Institutional Shareholding
Updated: Tue, Jul 1
Updated: Tue, Jul 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q2
237
70.20M
94.16%
-3.03M
2025Q1
241
65.66M
102.55%
-8.64M
2024Q4
237
68.11M
106.77%
-7.20M
2024Q3
225
68.88M
107.96%
-7.04M
2024Q2
207
69.87M
109.52%
-2.95M
2024Q1
185
68.09M
106.93%
+8.87M
2023Q4
161
43.68M
97.08%
-3.08M
2023Q3
157
39.54M
87.67%
-8.23M
2023Q2
151
39.82M
92.04%
-2.98M
2023Q1
137
39.73M
94.04%
-4.68M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Deerfield Management Company, L.P.
21.23M
33.16%
--
--
Mar 31, 2025
RA Capital Management, LP
6.05M
9.44%
--
--
Mar 31, 2025
Blue Owl Capital Holdings LP
4.78M
7.46%
+125.00K
+2.69%
Mar 31, 2025
Opaleye Management Inc.
3.95M
6.17%
+2.04M
+106.49%
Apr 09, 2025
Millennium Management LLC
3.56M
5.57%
+2.89M
+429.50%
Jun 12, 2025
BlackRock Institutional Trust Company, N.A.
2.84M
4.44%
-138.47K
-4.65%
Mar 31, 2025
The Vanguard Group, Inc.
2.22M
3.46%
+24.88K
+1.13%
Mar 31, 2025
Alyeska Investment Group, L.P.
1.44M
2.25%
+458.40K
+46.58%
Mar 31, 2025
Two Sigma Investments, LP
788.77K
1.23%
+635.96K
+416.17%
Mar 31, 2025
Citadel Advisors LLC
434.29K
0.68%
+434.29K
--
Mar 31, 2025
View more
Related ETFs
Updated: Tue, Sep 2
Updated: Tue, Sep 2
Name
Proportion
iShares Neuroscience and Healthcare ETF
0.32%
iShares Micro-Cap ETF
0.03%
ProShares Ultra Nasdaq Biotechnology
0.02%
Invesco Nasdaq Biotechnology ETF
0.02%
ProShares UltraPro Russell2000
0.01%
iShares Russell 2000 Value ETF
0.01%
iShares Russell 2000 ETF
0.01%
iShares Biotechnology ETF
0.01%
Global X Russell 2000 ETF
0.01%
Avantis US Small Cap Equity ETF
0.01%
View more
iShares Neuroscience and Healthcare ETF
Proportion0.32%
iShares Micro-Cap ETF
Proportion0.03%
ProShares Ultra Nasdaq Biotechnology
Proportion0.02%
Invesco Nasdaq Biotechnology ETF
Proportion0.02%
ProShares UltraPro Russell2000
Proportion0.01%
iShares Russell 2000 Value ETF
Proportion0.01%
iShares Russell 2000 ETF
Proportion0.01%
iShares Biotechnology ETF
Proportion0.01%
Global X Russell 2000 ETF
Proportion0.01%
Avantis US Small Cap Equity ETF
Proportion0.01%
Dividend
A total of 0.00 USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
No Data
Stock Split
Date
Type
Ratio
May 28, 2020
Merger
12→1
May 28, 2020
Merger
12→1
May 28, 2020
Merger
12→1
May 28, 2020
Merger
12→1
Date
Type
Ratio
May 28, 2020
Merger
12→1
May 28, 2020
Merger
12→1
May 28, 2020
Merger
12→1
May 28, 2020
Merger
12→1
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