other material
confidence high
sentiment positive
materiality 0.85
Larimar plans rolling BLA for nomlabofusp in June 2026; Q1 net loss $29.6M
Larimar Therapeutics, Inc.
- Net loss Q1 2026 $29.6M ($0.31/sh) vs Q1 2025 $29.3M ($0.46/sh). Cash $200.4M.
- Intends to initiate rolling BLA seeking accelerated approval June 2026; CMC module H2 2026.
- Topline open-label study data expected Q2 2026; Phase 3 first patient dose mid-2026.
- Breakthrough Therapy Designation granted Feb 2026. Skin frataxin as surrogate endpoint supported by published data.
- Feb 2026 $115M public offering extended cash runway into Q2 2027.