Larimar Therapeutics to discuss nomlabofusp clinical development for Friedreich's ataxia in conference call on September 29, 2025.
Quiver AI Summary
Larimar Therapeutics, Inc., a biotechnology company focused on treatments for complex rare diseases, announced a conference call and webcast scheduled for September 29, 2025, at 8:00 am EDT, to discuss updates on their nomlabofusp clinical development program for Friedreich's ataxia. Interested participants can access the event via a provided link or by phone using specific numbers for domestic and international callers. Following the live event, an archived version will be available on Larimar's website. Larimar is advancing nomlabofusp and additional potential treatments targeting rare diseases through its intracellular delivery platform. The press release includes forward-looking statements about the company’s development plans and associated risks, urging caution in interpreting these predictions.
Potential Positives
- The company is hosting a conference call and webcast to discuss updates on the nomlabofusp clinical development program, indicating active engagement with stakeholders.
- The ongoing long-term open label study for the treatment of Friedreich's ataxia may provide significant data that could enhance the company’s credibility and attract interest from investors and partners.
- Larimar's focus on developing treatments for complex rare diseases demonstrates its commitment to addressing unmet medical needs, which may strengthen its position in the biotechnology market.
- The mention of plans to utilize an intracellular delivery platform for additional fusion proteins highlights the company's potential for innovation and expansion into new therapeutic areas.
Potential Negatives
- The press release heavily relies on forward-looking statements, indicating uncertainty in the company's future product development and regulatory approval processes, which may reflect potential instability or risk.
- It highlights several risks and uncertainties, such as the possibility that preliminary clinical trial results may not predict final outcomes and that the FDA may not agree with the company's development strategy, which could negatively impact investor confidence.
- The mention of potential impacts from public health crises and general economic conditions adds further uncertainty to the company's operational and financial outlook.
FAQ
When is the Larimar Therapeutics conference call?
The conference call will take place on Monday, September 29, 2025, at 8:00 am EDT.
How can I access the conference call and webcast?
You can access the webcast through the link provided in the announcement or by calling 1-877-407-9716 domestically.
What is the topic of the conference call?
The call will discuss updates on the nomlabofusp clinical development program and data from the ongoing study for Friedreich’s ataxia.
What is Larimar Therapeutics focused on developing?
Larimar Therapeutics is focused on developing treatments for complex rare diseases, particularly through its lead compound, nomlabofusp.
Where can I find more information after the event?
An archived webcast will be available on the “Events & Presentations” page of the Larimar website after the call.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LRMR Insider Trading Activity
$LRMR insiders have traded $LRMR stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LRMR stock by insiders over the last 6 months:
- JAMES E FLYNN has made 3 purchases buying 9,375,000 shares for an estimated $30,000,000 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LRMR Hedge Fund Activity
We have seen 74 institutional investors add shares of $LRMR stock to their portfolio, and 60 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DEERFIELD MANAGEMENT COMPANY, L.P. added 15,401,725 shares (+264.2%) to their portfolio in Q2 2025, for an estimated $44,510,985
- JANUS HENDERSON GROUP PLC removed 5,571,963 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $16,102,973
- MILLENNIUM MANAGEMENT LLC added 2,982,177 shares (+443.1%) to their portfolio in Q2 2025, for an estimated $8,618,491
- GOLDMAN SACHS GROUP INC removed 2,539,649 shares (-95.1%) from their portfolio in Q2 2025, for an estimated $7,339,585
- OPALEYE MANAGEMENT INC. added 2,195,923 shares (+114.7%) to their portfolio in Q2 2025, for an estimated $6,346,217
- ADAGE CAPITAL PARTNERS GP, L.L.C. removed 2,100,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $4,515,000
- CITADEL ADVISORS LLC added 901,969 shares (+207.7%) to their portfolio in Q2 2025, for an estimated $2,606,690
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LRMR Analyst Ratings
Wall Street analysts have issued reports on $LRMR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 08/19/2025
- Guggenheim issued a "Buy" rating on 06/25/2025
- Wedbush issued a "Outperform" rating on 06/24/2025
To track analyst ratings and price targets for $LRMR, check out Quiver Quantitative's $LRMR forecast page.
$LRMR Price Targets
Multiple analysts have issued price targets for $LRMR recently. We have seen 3 analysts offer price targets for $LRMR in the last 6 months, with a median target of $18.0.
Here are some recent targets:
- Jonathan Wolleben from JMP Securities set a target price of $18.0 on 08/19/2025
- Yatin Suneja from Guggenheim set a target price of $26.0 on 06/25/2025
- Laura Chico from Wedbush set a target price of $15.0 on 06/24/2025
Full Release
BALA CYNWYD, Pa., Sept. 28, 2025 (GLOBE NEWSWIRE) -- Larimar Therapeutics, Inc. (Larimar) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced that the Company will host a conference call and webcast to discuss updates for the Company’s nomlabofusp clinical development program including data from the ongoing long-term open label study for the treatment of Friedreich’s ataxia on Monday, September 29, 2025 at 8:00 am EDT.
Conference Call and Webcast Details
To access the webcast on Monday, September 29, 2025 at 8:00 am EDT, please visit this
link
to the event. To participate by phone, please dial 1-877-407-9716 (domestic) or 1-201-493-6779 (international) and refer to conference ID 13756144 or click on this
link
and request a return call. Following the live event, an archived webcast will be available on the
“Events & Presentations”
page of the Larimar website.
About Larimar Therapeutics
Larimar Therapeutics, Inc. (Nasdaq: LRMR), is a clinical-stage biotechnology company focused on developing treatments for complex rare diseases. Larimar’s lead compound, nomlabofusp, is being developed as a potential treatment for Friedreich's ataxia. Larimar also plans to use its intracellular delivery platform to design other fusion proteins to target additional rare diseases characterized by deficiencies in intracellular bioactive compounds. For more information, please visit:
https://larimartx.com
.
Forward-Looking Statements
This press release contains forward-looking statements that are based on Larimar’s management’s beliefs and assumptions and on information currently available to management. All statements contained in this release other than statements of historical fact are forward-looking statements, including but not limited to statements regarding Larimar’s ability to develop and commercialize nomlabofusp and any other planned product candidates, Larimar’s planned research and development efforts, including the timing of its nomlabofusp clinical trials, interactions and filings with the FDA, expectations regarding potential for accelerated approval or accelerated access and time to market and overall development plans and other matters regarding Larimar’s business strategies, ability to raise capital, use of capital, results of operations and financial position, and plans and objectives for future operations.
In some cases, you can identify forward-looking statements by the words “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties and other factors include, among others, the success, cost and timing of Larimar’s product development activities, nonclinical studies and clinical trials, including nomlabofusp clinical milestones and continued interactions with the FDA; that preliminary clinical trial results may differ from final clinical trial results, that earlier non-clinical and clinical data and testing of nomlabofusp may not be predictive of the results or success of later clinical trials, and assessments; that the FDA may not ultimately agree with Larimar’s nomlabofusp development strategy; the potential impact of public health crises on Larimar’s future clinical trials, manufacturing, regulatory, nonclinical study timelines and operations, and general economic conditions; Larimar’s ability and the ability of third-party manufacturers Larimar engages, to optimize and scale nomlabofusp’s manufacturing process; Larimar’s ability to obtain regulatory approvals for nomlabofusp and future product candidates; Larimar’s ability to develop sales and marketing capabilities, whether alone or with potential future collaborators, and to successfully commercialize any approved product candidates; Larimar’s ability to raise the necessary capital to conduct its product development activities; and other risks described in the filings made by Larimar with the Securities and Exchange Commission (SEC), including but not limited to Larimar’s periodic reports, including the annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, filed with or furnished to the SEC and available at www.sec.gov . These forward-looking statements are based on a combination of facts and factors currently known by Larimar and its projections of the future, about which it cannot be certain. As a result, the forward-looking statements may not prove to be accurate. The forward-looking statements in this press release represent Larimar’s management’s views only as of the date hereof. Larimar undertakes no obligation to update any forward-looking statements for any reason, except as required by law.
Investor Contact:
Joyce Allaire
LifeSci Advisors
[email protected]
(212) 915-2569
Company Contact:
Michael Celano
Chief Financial Officer
[email protected]
(484) 414-2715