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Larimar Therapeutics (US:LRMR) — Company Overview, News & Financial Data

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Company profile

Larimar Therapeutics

Larimar Therapeutics (NASDAQ:LRMR) is a biotechnology company dedicated to the development of innovative therapies for complex rare diseases. Using their unique protein replacement therapy platform, they are focused on advancing treatments that target the fundamental causes of these conditions. Their leading project, CTI-1601, is in clinical trials, aiming to treat Friedreich's ataxia, a debilitating, life-shortening neuromuscular disorder. Larimar's objective is to pioneer first-of-their-kind therapeutics to address unmet medical needs, ultimately improving the quality of life for patients with rare diseases. The company is committed to rigorous scientific research, strategic collaborations, and the pursuit of excellence in everything they do to bring groundbreaking therapies from the lab to the patients who need them most.

Snapshot

Public USOwnership
2005Year founded
42Employees
Bala Cynwyd, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of Larimar Therapeutics

  • CTI-1601, a potential treatment for Friedreich's Ataxia, aiming to deliver frataxin protein to mitochondria.
  • Gene therapy platform, focusing on delivering genetic treatments for various mitochondrial diseases.
  • Collaborations on research and development of therapies for rare diseases, enhancing the pipeline of treatments.
  • Partnership programs for advancing drug discovery and development in the field of mitochondrial disorders.
  • Investment in technology advancements to improve delivery mechanisms for genetic and protein-based therapies.
  • Outreach and support initiatives for patients and families affected by rare diseases, providing education and resources.

Larimar Therapeutics executive team

  • Dr. Carole S. Ben-Maimon M.D.CEO, President & Director
  • Mr. Michael Celano CPASecretary & CFO
  • Dr. Gopi Shankar M.B.A., Ph.D.Chief Development Officer
  • Mr. John BermanVice President of Finance & Administration
  • Ms. Jennifer Spokes JohanssonVice President of Legal & Compliance
  • Dr. Russell G. Clayton Sr., D.O.Chief Medical Officer
  • Mr. Francis Michael Conway CPAVP & Controller