Larimar Therapeutics Q3 net loss widens

Reuters
2025/11/05
Larimar <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Q3 net loss widens

Overview

  • Larimar reports Q3 net loss of $47.7 mln, driven by increased R&D expenses

  • Company modifies nomlabofusp dosing to reduce anaphylaxis risk

  • BLA submission for nomlabofusp targeted for Q2 2026

Outlook

  • Larimar targets BLA submission for nomlabofusp in Q2 2026

  • Company plans U.S. launch of nomlabofusp in early 2027

  • Larimar implementing modified dosing regimen to reduce anaphylaxis risk

Result Drivers

  • Research and development expenses for the third quarter of 2025 were $44.9 million compared to $13.9 million for the third quarter of 2024

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

-$0.61

Q3 Net Income

-$47.71 mln

Q3 Basic EPS

-$0.61

Q3 Income From Operations

-$49.49 mln

Q3 Operating Expenses

$49.49 mln

Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy."

  • Wall Street's median 12-month price target for Larimar Therapeutics Inc is $17.00, about 77.6% above its November 4 closing price of $3.80

Press Release: ID:nGNXbKrz8r

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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