earnings
confidence high
sentiment positive
materiality 0.80
Larimar Therapeutics Q3 2025: Net loss $47.7M, nomlabofusp shows 100% FXN level in OL study
Larimar Therapeutics, Inc.
2025-Q3 EPS
reported -$1.50
vs consensus -$0.41
▼ miss
(-264.0%)
- Net loss for Q3 2025 was $47.7M ($0.61 per share) vs $15.5M in Q3 2024, with R&D expenses up to $44.9M.
- 100% of participants (n=10) achieved skin FXN levels similar to asymptomatic carriers after 6 months of daily nomlabofusp in open-label study.
- Anaphylaxis occurred in 7 of 65 total participants; new modified starting dose regimen implemented to mitigate risk, agreed with FDA.
- BLA submission seeking accelerated approval targeted for Q2 2026, with $175.4M cash runway into Q4 2026.
- Consistent directional improvement across mFARS, FARS-ADL, 9-HPT, and MFIS after 1 year versus worsening in FACOMS reference.