tradingkey.logo

Tourmaline Bio Inc

TRML
47.980USD
0.0000.00%
Close 02/06, 16:00ETQuotes delayed by 15 min
1.23BMarket Cap
LossP/E TTM

Tourmaline Bio Inc

47.980
0.0000.00%

More Details of Tourmaline Bio Inc Company

Tourmaline Bio, Inc. is a late-stage clinical biotechnology company. The Company is focused on developing transformative medicines that improve the lives of patients with life-altering immune and inflammatory diseases. The Company’s initial product candidate is TOUR006, a fully human monoclonal antibody that selectively binds to interleukin-6 (IL-6), a key proinflammatory cytokine involved in the pathogenesis of many autoimmune and inflammatory disorders. TOUR006 is a long-acting anti-IL-6 antibody which has properties, including a high binding affinity to IL-6, long half-life, and low observed immunogenicity. It is also developing TOUR006 in thyroid eye disease (TED) and atherosclerotic cardiovascular disease (ASCVD) as its first two indications, with additional diseases under consideration. It is focused on two strategic paths for TOUR006, the first of which it refers to as FcRn+. Its second strategic path is cardiovascular inflammation.

Tourmaline Bio Inc Info

Ticker SymbolTRML
Company nameTourmaline Bio Inc
IPO dateMay 07, 2021
CEODr. Sandeep Kulkarni, M.D.
Number of employees74
Security typeOrdinary Share
Fiscal year-endMay 07
Address27 West 24th Street, Suite 702
CityNEW YORK
Stock exchangeNASDAQ Global Select Consolidated
CountryUnited States of America
Postal code10010
Phone
Websitehttps://www.tourmalinebio.com/
Ticker SymbolTRML
IPO dateMay 07, 2021
CEODr. Sandeep Kulkarni, M.D.

Company Executives of Tourmaline Bio Inc

Name
Name/Position
Position
Shareholding
Change
,
,
--
--
Name
Name/Position
Position
Shareholding
Change
,
,
--
--

Revenue Breakdown

Relevant data have not been disclosed by the company yet.
Relevant data have not been disclosed by the company yet.
By Business
By Region
Relevant data have not been disclosed by the company yet.

Shareholding Stats

Updated: Sat, Jan 31
Updated: Sat, Jan 31
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Avoro Capital Advisors LLC
9.92%
QVT Financial LP
8.37%
TCG Crossover Management, LLC
5.09%
BlackRock Institutional Trust Company, N.A.
5.00%
Pfizer Inc
4.94%
Other
66.68%
Shareholders
Shareholders
Proportion
Avoro Capital Advisors LLC
9.92%
QVT Financial LP
8.37%
TCG Crossover Management, LLC
5.09%
BlackRock Institutional Trust Company, N.A.
5.00%
Pfizer Inc
4.94%
Other
66.68%
Shareholder Types
Shareholders
Proportion
Investment Advisor/Hedge Fund
29.45%
Investment Advisor
22.23%
Hedge Fund
12.92%
Corporation
4.94%
Individual Investor
4.69%
Research Firm
3.10%
Venture Capital
2.30%
Bank and Trust
0.17%
Pension Fund
0.08%
Other
20.13%

Institutional Shareholding

Updated: Thu, Jan 1
Updated: Thu, Jan 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q4
294
18.49M
71.77%
-13.02M
2025Q3
261
22.90M
88.90%
-8.97M
2025Q2
265
28.81M
112.16%
-5.65M
2025Q1
278
29.06M
113.12%
-6.65M
2024Q4
267
27.86M
108.65%
-4.54M
2024Q3
254
27.28M
106.38%
-4.78M
2024Q2
248
27.58M
107.55%
-803.47K
2024Q1
238
26.92M
105.10%
+7.92M
2023Q4
193
17.05M
91.28%
+8.99M
2023Q3
170
3.58M
159.92%
-896.76K
View more

Shareholder Activity

Name
Shares Held
Proportion
Change
Chg %
Date
Avoro Capital Advisors LLC
2.56M
9.92%
--
--
Sep 30, 2025
QVT Financial LP
2.15M
8.37%
--
--
Sep 30, 2025
TCG Crossover Management, LLC
1.31M
5.09%
-165.81K
-11.22%
Sep 30, 2025
BlackRock Institutional Trust Company, N.A.
1.29M
5%
-143.75K
-10.03%
Sep 30, 2025
Pfizer Inc
1.27M
4.94%
--
--
Sep 30, 2025
Fidelity Investments Canada ULC
1.03M
3.99%
+1.03M
--
Sep 30, 2025
Magnetar Capital Partners LP
966.13K
3.75%
+966.13K
--
Sep 30, 2025
McDade (Mark D.)
741.69K
2.88%
-518.00
-0.07%
Oct 28, 2025
Qiming U.S. Ventures Management, LLC
741.69K
2.88%
--
--
Sep 30, 2025
First Trust Capital Management L.P.
695.76K
2.7%
+695.76K
--
Sep 30, 2025
View more

Related ETFs

Updated: Tue, Dec 2
Updated: Tue, Dec 2
Name
Proportion
ALPS Medical Breakthroughs ETF
0%
Fidelity MSCI Health Care Index ETF
0%
iShares Russell 3000 ETF
0%
Vanguard US Momentum Factor ETF
0%
ProShares Ultra Nasdaq Biotechnology
0%
iShares Morningstar Small-Cap ETF
0%
Virtus LifeSci Biotech Clinical Trials ETF
0%
Avantis US Equity ETF
0%
iShares Micro-Cap ETF
0%
iShares Core S&P Total U.S. Stock Market ETF
0%
View more
ALPS Medical Breakthroughs ETF
Proportion0%
Fidelity MSCI Health Care Index ETF
Proportion0%
iShares Russell 3000 ETF
Proportion0%
Vanguard US Momentum Factor ETF
Proportion0%
ProShares Ultra Nasdaq Biotechnology
Proportion0%
iShares Morningstar Small-Cap ETF
Proportion0%
Virtus LifeSci Biotech Clinical Trials ETF
Proportion0%
Avantis US Equity ETF
Proportion0%
iShares Micro-Cap ETF
Proportion0%
iShares Core S&P Total U.S. Stock Market ETF
Proportion0%

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
Oct 19, 2023
Merger
10→1
Oct 19, 2023
Merger
10→1
Oct 19, 2023
Merger
10→1
Oct 19, 2023
Merger
10→1
Date
Ex-dividend Date
Type
Ratio
Oct 19, 2023
Merger
10→1
Oct 19, 2023
Merger
10→1
Oct 19, 2023
Merger
10→1
Oct 19, 2023
Merger
10→1
KeyAI