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Larimar Therapeutics Inc

LRMR
3.370USD
+0.300+9.77%
Close 02/06, 16:00ETQuotes delayed by 15 min
288.44MMarket Cap
LossP/E TTM

Larimar Therapeutics Inc

3.370
+0.300+9.77%

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. The Company intends to use its proprietary platform to target additional orphan indications characterized by deficiencies in or alterations of intracellular content or activity.

Larimar Therapeutics Inc Info

Ticker SymbolLRMR
Company nameLarimar Therapeutics Inc
IPO dateJun 19, 2014
CEOBen-Maimon (Carole S)
Number of employees65
Security typeOrdinary Share
Fiscal year-endJun 19
AddressThree Bala Plaza East. Suite 506
CityBALA CYNWYD
Stock exchangeNASDAQ OMX - NASDAQ BASIC
CountryUnited States of America
Postal code19004
Phone18445119056
Websitehttps://larimartx.com/
Ticker SymbolLRMR
IPO dateJun 19, 2014
CEOBen-Maimon (Carole S)

Company Executives of Larimar Therapeutics Inc

Name
Name/Position
Position
Shareholding
Change
Mr. Thomas Edward Hamilton
Mr. Thomas Edward Hamilton
Independent Director
Independent Director
590.81K
-133420.00%
Dr. Carole S. Ben-Maimon, M.D.
Dr. Carole S. Ben-Maimon, M.D.
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
280.96K
+100100.00%
Mr. Michael (Mike) Celano
Mr. Michael (Mike) Celano
Chief Financial Officer, Secretary
Chief Financial Officer, Secretary
120.16K
+37604.00%
Dr. Russell G. (Rusty) Clayton, Sr.
Dr. Russell G. (Rusty) Clayton, Sr.
Chief Medical Officer
Chief Medical Officer
71.44K
+25637.00%
Dr. Gopi Shankar, Ph.D.
Dr. Gopi Shankar, Ph.D.
Chief Development Officer
Chief Development Officer
36.26K
+25637.00%
Mr. Frank E. Thomas, CPA
Mr. Frank E. Thomas, CPA
Independent Director
Independent Director
2.00K
--
Mr. Jonathan S. Leff
Mr. Jonathan S. Leff
Independent Director
Independent Director
--
--
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
--
--
Name
Name/Position
Position
Shareholding
Change
Mr. Thomas Edward Hamilton
Mr. Thomas Edward Hamilton
Independent Director
Independent Director
590.81K
-133420.00%
Dr. Carole S. Ben-Maimon, M.D.
Dr. Carole S. Ben-Maimon, M.D.
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
280.96K
+100100.00%
Mr. Michael (Mike) Celano
Mr. Michael (Mike) Celano
Chief Financial Officer, Secretary
Chief Financial Officer, Secretary
120.16K
+37604.00%
Dr. Russell G. (Rusty) Clayton, Sr.
Dr. Russell G. (Rusty) Clayton, Sr.
Chief Medical Officer
Chief Medical Officer
71.44K
+25637.00%
Dr. Gopi Shankar, Ph.D.
Dr. Gopi Shankar, Ph.D.
Chief Development Officer
Chief Development Officer
36.26K
+25637.00%
Mr. Frank E. Thomas, CPA
Mr. Frank E. Thomas, CPA
Independent Director
Independent Director
2.00K
--

Revenue Breakdown

FY2019
Relevant data have not been disclosed by the company yet.
By RegionUSD
Name
Revenue
Proportion
United States (Country)
0.00
0.00%
By Business
By Region
Relevant data have not been disclosed by the company yet.

Shareholding Stats

Updated: Sun, Nov 16
Updated: Sun, Nov 16
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Deerfield Management Company, L.P.
36.84%
RA Capital Management, LP
7.28%
Blue Owl Capital Holdings LP
7.04%
Millennium Management LLC
5.89%
Opaleye Management Inc.
4.48%
Other
38.47%
Shareholders
Shareholders
Proportion
Deerfield Management Company, L.P.
36.84%
RA Capital Management, LP
7.28%
Blue Owl Capital Holdings LP
7.04%
Millennium Management LLC
5.89%
Opaleye Management Inc.
4.48%
Other
38.47%
Shareholder Types
Shareholders
Proportion
Hedge Fund
64.80%
Investment Advisor
17.62%
Investment Advisor/Hedge Fund
9.19%
Venture Capital
7.34%
Research Firm
2.90%
Private Equity
1.81%
Individual Investor
1.33%
Family Office
0.08%
Bank and Trust
0.07%

Institutional Shareholding

Updated: Thu, Jan 1
Updated: Thu, Jan 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q4
263
86.18M
103.72%
+2.97M
2025Q3
247
74.45M
86.98%
+1.55M
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
View more

Shareholder Activity

Name
Shares Held
Proportion
Change
Chg %
Date
Deerfield Management Company, L.P.
30.61M
36.84%
--
--
Sep 30, 2025
RA Capital Management, LP
6.05M
7.28%
--
--
Sep 30, 2025
Blue Owl Capital Holdings LP
5.85M
7.04%
+925.00K
+18.77%
Sep 30, 2025
Millennium Management LLC
4.90M
5.89%
+1.24M
+33.97%
Sep 30, 2025
Opaleye Management Inc.
3.72M
4.48%
-389.13K
-9.47%
Sep 30, 2025
RTW Investments L.P.
3.13M
3.76%
+3.13M
--
Sep 30, 2025
The Vanguard Group, Inc.
3.09M
3.72%
+945.81K
+44.15%
Sep 30, 2025
BlackRock Institutional Trust Company, N.A.
2.97M
3.57%
+218.19K
+7.93%
Sep 30, 2025
Adage Capital Management, L.P.
1.90M
2.29%
+1.90M
--
Sep 30, 2025
Alyeska Investment Group, L.P.
1.89M
2.27%
-188.71K
-9.09%
Sep 30, 2025
View more

Related ETFs

Updated: Sat, Dec 6
Updated: Sat, Dec 6
Name
Proportion
iShares Neuroscience and Healthcare ETF
0.29%
iShares Micro-Cap ETF
0.04%
ProShares Ultra Nasdaq Biotechnology
0.04%
Invesco Nasdaq Biotechnology ETF
0.03%
iShares Biotechnology ETF
0.02%
Avantis US Small Cap Equity ETF
0.02%
ProShares UltraPro Russell2000
0.01%
iShares Russell 2000 Value ETF
0.01%
iShares Russell 2000 ETF
0.01%
Global X Russell 2000 ETF
0.01%
View more
iShares Neuroscience and Healthcare ETF
Proportion0.29%
iShares Micro-Cap ETF
Proportion0.04%
ProShares Ultra Nasdaq Biotechnology
Proportion0.04%
Invesco Nasdaq Biotechnology ETF
Proportion0.03%
iShares Biotechnology ETF
Proportion0.02%
Avantis US Small Cap Equity ETF
Proportion0.02%
ProShares UltraPro Russell2000
Proportion0.01%
iShares Russell 2000 Value ETF
Proportion0.01%
iShares Russell 2000 ETF
Proportion0.01%
Global X Russell 2000 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 Splits

Date
Ex-dividend 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
Ex-dividend 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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