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LRMRNasdaqPharmaceutical PreparationsFiscal year ends December 31

Larimar Therapeutics, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$2.12+0.14 (+6.80%)

Close on Oct 19, 2026

Market cap
–
P/E (TTM)
–
Dividend yield
–

About Larimar Therapeutics

Pharmaceutical Preparations, SIC 2834

The company is a clinical-stage biotechnology firm focused on developing novel treatments for patients suffering from complex, rare, and progressive genetic conditions. Its proprietary cell-penetrating peptide platform enables therapeutic molecules to traverse cellular and organellar membranes to deliver essential proteins to intracellular targets. The firm's lead investigational biologic candidate, nomlabofusp, delivers frataxin into mitochondria to address the underlying cellular deficit in individuals diagnosed with Friedreich's ataxia. Beyond its primary program, the organization works to apply its protein replacement platform across other rare orphan diseases caused by intracellular protein deficiencies.

The company engages with regulatory authorities and conducts research activities internationally. Its clinical programs and planned regulatory filings involve clinical trial sites and health agencies across the United States, the European Union, the United Kingdom, Canada, and Australia. The provided text does not disclose the location of the company's corporate headquarters, nor does it state specific physical facility counts or retail footprints.

Summary of the business section of Larimar Therapeutics's latest annual report, written by StockData.

Company profile

Company

Legal name
Larimar Therapeutics, Inc.
Founded
2005
Headquarters
Bala Cynwyd, PA
Address
Three Bala Plaza East. Suite 506 19004
Phone
(844) 511-9056
Employees
71, Dec 31, 2025
Industry
Pharmaceutical Preparations
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
PricewaterhouseCoopers LLP, Philadelphia, Pennsylvania, USA

Stock & identifiers

Ticker
LRMR
Exchange
Nasdaq
IPO date
Jun 19, 2014
Shares outstanding
104M, Aug 2, 2026
Public float
$94.67M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
SEC CIK
1374690
CUSIP
517125100
ISIN
US5171251003
LEI
529900NCBZHTTJV6HX73
EIN
20-3857670

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Carole Ben-MaimonPresident and CEO, Director399,432
Michael CelanoChief Financial Officer215,785
Russell ClaytonChief Medical Officer71,443
Gopi ShankarChief Development Officer76,443
Thomas Edward HamiltonDirector874,231
Joseph TruittDirector2,750
James E. FlynnDirector–
Deerfield Management Company, L.P.Director1,714,104
Frank E. ThomasDirector7,000
Jonathan S. LeffDirector–
Jeffrey W. ShermanDirector5,000
Deerfield Mgmt HIF, L.P.Director35,606,974
Deerfield Healthcare Innovations Fund, L.P.Director–
Mgmt L.P. DeerfieldDirector24,009,751
Deerfield Mgmt IV, L.P.Director5,830,249
Deerfield Private Design Fund IV, L.P.Director–
Deerfield Partners, L.P.Director–
Deerfield Mgmt III, L.P.Director–
Deerfield Private Design Fund III, L.P.Director–

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Dr. Ben-Maimon
$3.53M$2.14M$1.50M$36–
FY2024
Dr. Ben-Maimon
$2.51M$2.44M$1.27M$36–
FY2023
Dr. Ben-Maimon
$3.14M$3.26M$1.40M$42–
FY2022
Dr. Ben-Maimon
$2.13M-$437.29K$1.13M$38–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we employed 71 full-time employees in the United States, of which 55 are directly engaged in research and development with the rest providing administrative, business, commercial and operations support.”

Corporate history

Events identified from SEC filings

DateEventDetails
Jun 2, 2020Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
May 19, 2020Name changeName changed from ZAFGEN, INC. to Larimar Therapeutics, Inc.
Apr 29, 2020Merger voteDefinitive merger proxy statement
Apr 24, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Sep 19, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jun 19, 2014IPOInitial public offering priced (424B4 prospectus)
Jun 18, 2014ListingRegistration of securities on an exchange (Form 8-A)