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NASDAQ:LRMR

Larimar Therapeutics Q2 2023 Earnings Report

Larimar Therapeutics logo
$3.28 +0.09 (+2.66%)
As of 02:15 PM Eastern
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Larimar Therapeutics EPS Results

Actual EPS
-$0.19
Consensus EPS
-$0.21
Beat/Miss
Beat by +$0.02
One Year Ago EPS
N/A

Larimar Therapeutics Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Larimar Therapeutics Announcement Details

Quarter
Q2 2023
Time
N/A
Conference Call Date
Thursday, August 10, 2023
Conference Call Time
7:00AM ET

Upcoming Earnings

Larimar Therapeutics' Q2 2025 earnings is scheduled for Wednesday, August 6, 2025, with a conference call scheduled at 7:00 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Larimar Therapeutics Earnings Headlines

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About Larimar Therapeutics

Larimar Therapeutics (NASDAQ:LRMR) is a clinical-stage biotechnology company specializing in the development of next-generation immunotherapies using engineered exosomes as delivery vehicles. The company’s proprietary ExoIL-12 platform is designed to encapsulate and deliver interleukin-12 directly to the tumor microenvironment, aiming to enhance anti-tumor immune responses while minimizing systemic toxicity. In addition to its lead candidate, exoIL-12, Larimar is advancing ExoASO-STAT6, an exosome-encapsulated antisense oligonucleotide intended to reprogram immunosuppressive cells within solid tumors.

By leveraging a bioengineered exosome delivery system, Larimar aims to overcome longstanding challenges associated with cytokine therapy and oligonucleotide delivery. The company’s approach combines targeted biodistribution with controlled payload release, potentially enabling higher therapeutic doses and improved safety profiles. Larimar’s preclinical programs have demonstrated robust tumor infiltration and immune activation, supporting its ongoing phase 1 clinical trials for patients with advanced or metastatic solid tumors.

Founded in 2016 as a spin-out from research at the Massachusetts Institute of Technology, Larimar Therapeutics is headquartered in Cambridge, Massachusetts, with research and development operations in the Boston area. Under the leadership of President and CEO Glen Allcorn, the company has established collaborations with academic institutions and contract research organizations to advance its manufacturing and clinical development capabilities. Larimar continues to explore global partnerships to expand its pipeline and bring novel exosome-based therapies to patients in need.

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