Evommune Inc
EVMNHealthcare·Biotechnology·USA·Small·NYSE·Nov 11 • 3:59 PM ET
8.62+0.78 (9.95%)
2026-11-12 05:23 CET
Market cap
312.84 USD m
Revenue, TTM
10.00 USD m
Net income, TTM
-94.67 USD m
Free cash flow, TTM
-74.65 USD m
EPS diluted, TTM
-2.83
P/E
-
Price
EVMN against its 20, 50 and 200-day averages2050200miss
74.0% under the 52-week high of 33.20 on 10 Feb 2026. 52-week low 4.94 on 23 Oct 2026. Last 15 sessions, 80.8% high to low
Volume 1.82× normal · the line is the 50-bar volume average
Profile
EVMN52-week range, 13% of the way up
4.9433.20
Evommune, Inc. is a clinical-stage biotechnology company. It engages in the development of medicines for inflammatory diseases. The company was founded by Luis C. Pena, Eugene Andrew Bauer, and Hans Hofland in 2020 and is headquartered in Palo Alto, CA.
| Index | RUT |
|---|---|
| Employees | 48 |
| IPO | Nov 06, 2025 |
| Beta | 1.25 |
| ATR, 14d | 0.70 |
| Rel volume | 1.82 |
| Short float | 15.26% |
| Insider own | 38.83% |
| Inst own | 69.68% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 312.84M |
| Enterprise Value | 120.68M |
| Income | -94.67M |
| Sales | 10.00M |
| Book/sh | 7.65 |
| Cash/sh | 5.53 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 48 |
| IPO | Nov 06, 2025 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 31.28 |
| P/B | 1.13 |
| P/C | 1.56 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | 12.07 |
| Quick Ratio | 11.68 |
| Current Ratio | 11.68 |
| Debt/Eq | 0.03 |
| LT Debt/Eq | 0.02 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -2.83 |
|---|---|
| EPS next Y | -3.51 |
| EPS next Q | -0.83 |
| EPS this Y | 68.99% |
| EPS next Y | -0.95% |
| EPS next 5Y | 33.74% |
| EPS past 3/5Y | -38.91% - |
| Sales past 3/5Y | 61.25% - |
| EPS Y/Y TTM | - |
| Sales Y/Y TTM | - |
| EPS Q/Q | -97.87% |
| Sales Q/Q | - |
| Earnings | Aug 06 AMC |
| EPS/Sales Surpr. | -33.94% -100.00% |
Ownership
| Insider Own | 38.83% |
|---|---|
| Insider Trans | -0.63% |
| Inst Own | 69.68% |
| Inst Trans | -3.97% |
| ROA | -47.55% |
| ROE | -178.03% |
| ROIC | -33.28% |
| Gross Margin | 84.62% |
| Oper. Margin | -1018.93% |
| Profit Margin | -946.68% |
| SMA20 | 40.75% |
| SMA50 | 11.33% |
| SMA200 | -50.12% |
| Trades | - |
Technical
| Shs Outstand | 36.28M |
|---|---|
| Shs Float | 22.20M |
| Short Float | 15.26% |
| Short Ratio | 4.30 |
| Short Interest | 3.39M |
| 52W High | 33.20 -74.04% |
| 52W Low | 4.94 74.49% |
| Volatility | 12.66% 10.60% |
| ATR (14) | 0.70 |
| RSI (14) | 68.38 |
| Beta | 1.25 |
| Rel Volume | 1.82 |
| Avg Volume | 787.85K |
| Volume | 1,432,913 |
Performance
| Perf Week | 42.72% |
|---|---|
| Perf Month | 46.60% |
| Perf Quarter | -38.73% |
| Perf Half Y | -62.99% |
| Perf YTD | -49.65% |
| Perf Year | -55.73% |
| Perf 3Y | - |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.54 |
| Target Price | 22.80 |
| Prev Close | 7.84 |
| Price | 8.62 |
| Change % | 9.95% |
Analyst ratings
latest 10 of 15| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Oct 20, 2026 | Resumed | MMorgan Stanley | Overweight | $26 | +201.6% |
| Oct 12, 2026 | Initiated | UUBS | Neutral | $8 | -7.2% |
| Aug 26, 2026 | Initiated | NNeedham | Buy | $28 | +224.8% |
| Jun 30, 2026 | Downgrade | HH.C. Wainwright | Buy → Neutral | ||
| Jun 29, 2026 | Downgrade | WWilliam Blair | Outperform → Mkt Perform | ||
| May 01, 2026 | Initiated | SStifel | Buy | $54 | +526.5% |
| Apr 07, 2026 | Resumed | OOppenheimer | Outperform | $50 | +480.0% |
| Jan 22, 2026 | Initiated | OOppenheimer | Outperform | $42 | +387.2% |
| Jan 08, 2026 | Initiated | RRaymond James | Strong Buy | $40 | +364.0% |
| Jan 06, 2026 | Initiated | HH.C. Wainwright | Buy | $35 | +306.0% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| ACRS | Aclaris Therapeutics Inc | 688.38M |
| ATTO | Attovia Therapeutics Inc | 764.77M |
| JSPR | Jasper Therapeutics Inc | 16.37M |
| UPB | Upstream Bio Inc | 175.27M |
| ZURA | Zura Bio Ltd | 137.75M |
| ALMS | Alumis Inc | 883.74M |
| AVTX | Avalo Therapeutics Inc | 492.07M |
| ORKA | Oruka Therapeutics Inc | 7.27B |
| CNTB | Connect Biopharma Holdings Ltd | 43.38M |
| JBIO | Jade Biosciences Inc | 1.05B |
Insider trading
latest 14 of 22| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Carver Kyle | Chief Financial Officer | Jul 08 '26 | Buy | 13.26 | 1,000 | 13,260 | 60,335 | Jul 10 07:59 PM |
| KIRSCH ARTHUR S | Director | Jul 07 '26 | Buy | 13.30 | 10,000 | 133,000 | 10,000 | Jul 08 08:00 PM |
| Drew Janice Suzann | Chief of Dev. Operations | Jun 22 '26 | Option Exercise | 3.15 | 20,000 | 63,063 | 87,794 | Jun 24 08:00 PM |
| Drew Janice Suzann | Chief of Dev. Operations | Jun 22 '26 | Sale | 22.63 | 20,000 | 452,600 | 67,794 | Jun 24 08:00 PM |
| Patel Jeegar Pravinkumar | Chief Scientific Officer | Jun 22 '26 | Option Exercise | 3.84 | 1,488 | 5,714 | 47,891 | Jun 24 08:00 PM |
| Patel Jeegar Pravinkumar | Chief Scientific Officer | Jun 22 '26 | Sale | 22.50 | 1,488 | 33,480 | 46,403 | Jun 24 08:00 PM |
| Pena Luis C. | President & CEO | Jun 22 '26 | Sale | 22.71 | 7,438 | 168,917 | 630,458 | Jun 24 07:59 PM |
| JANICE DREW | Officer | Jun 22 '26 | Proposed Sale | 21.36 | 20,000 | 427,200 | Jun 22 04:45 PM | |
| Cohen David E | Director | Jun 02 '26 | Sale | 20.33 | 6,056 | 123,094 | 17,609 | Jun 03 08:03 PM |
| Patel Jeegar Pravinkumar | Chief Scientific Officer | Jun 01 '26 | Option Exercise | 3.84 | 13,512 | 51,886 | 63,090 | Jun 03 08:02 PM |
| Patel Jeegar Pravinkumar | Chief Scientific Officer | Jun 01 '26 | Sale | 22.74 | 16,687 | 379,462 | 46,403 | Jun 03 08:02 PM |
| Pena Luis C. | President & CEO | Jun 01 '26 | Sale | 22.74 | 16,787 | 381,736 | 637,896 | Jun 03 08:02 PM |
| DAVID COHEN | Director | Jun 02 '26 | Proposed Sale | 22.17 | 9,258 | 205,250 | Jun 02 04:37 PM | |
| Moss Gregory S. | Chief Business & Legal Officer | May 28 '26 | Option Exercise | 1.71 | 14,223 | 24,321 | 75,058 | Jun 01 08:00 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 687.42B |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| FESM | Fidelity Enhanced Small Cap Core ETF | AUM: 6.82B |
| IWO | iShares Russell 2000 Growth ETF | AUM: 14.06B |
| SCHA | Schwab U.S. Small-Cap ETF | AUM: 22.25B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
| SBIO | ALPS Medical Breakthroughs ETF | AUM: 192.65M |
| BUSM | EA Bridgeway Ultra-Small Company Market ETF | AUM: 111.21M |
News
latest 14 of 82- Evommune to Present at Upcoming Investor Conferences (Business Wire) +15.04%
- Evommune signs $1.1bn licence deal with Hinova for EVO570 (Pharmaceutical Business Review)
- Evommune signs $1.1bn licence deal with Hinova for EVO570 (Pharmaceutical Technology) +5.46%
- Evommune Announces Webcast Discussing EVO570 and Its Expanding Immunology Portfolio Today at 8:30 a.m. ET (Business Wire)
- Evommune Announces $30 Million Private Placement (Business Wire)
- Evommune Enters into Agreement to In-License EVO570, a Potential Best-in-Class Oral VAV1 Molecular Glue Degrader, from Hinova Pharmaceuticals (Business Wire)
- EADV26: Key late-stage readouts from the conference (Clinical Trials Arena)
- Evommune Presents Late-Breaking Phase 2a Proof-of-Concept Data Evaluating EVO301 in Atopic Dermatitis at European Academy of Dermatology and Venereology Congress (Business Wire) -12.71%
- Evommune Announces Late-Breaker Presentation of Phase 2a Data for EVO301 in Atopic Dermatitis at European Academy of Dermatology & Venereology 2026 Congress (Business Wire) -8.65%
- Karyopharm pushes off debt payment; Amgen eyes broader Imdelltra use (BioPharma Dive)
- This Biotech Has Lost 50%-Plus On Just One Drug; Why It's Still Trucking On (Investor's Business Daily) -17.13%
- Why Is EVMN Stock Down 13% After-Hours? (Stocktwits) +6.60%
- Evommune Announces Top-line Results from EVO756 Phase 2b Trial in Moderate-to-Severe Atopic Dermatitis (Business Wire)
- Evommune Initiates Phase 2b Clinical Trial of MRGPRX2 Inhibitor EVO756 in Migraine Prophylaxis (Business Wire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-06 | -0.890 | -0.665 | -0.891 | 0.00 | 1.33 | 10 |
| 2026Q1 | 2026-05-07 | -0.640 | -0.813 | -0.644 | 0.00 | 0.72 | 10 |
| 2025Q4 | 2026-03-05 | -1.430 | -0.817 | -0.897 | 1.08 | 0.00 | 7 |
| 2025Q3 | 2025-12-11 | -8.070 | -6.081 | -0.396 | 10.00 | 3.33 | 4 |
| 2025Q2 | 2025-09-03 | -4.770 | - | -0.451 | 0.00 | - | - |
| 2026Q3 | - | - | -0.834 | - | - | 0.00 | 12 |
| 2026Q4 | - | - | -0.941 | - | - | 0.00 | 12 |
| 2027Q1 | - | - | -0.927 | - | - | 0.00 | 5 |
| 2027Q2 | - | - | -0.949 | - | - | 0.00 | 5 |
| 2027Q3 | - | - | -1.037 | - | - | 0.00 | 5 |
| 2027Q4 | - | - | -1.025 | - | - | 0.00 | 5 |
| 2028Q1 | - | - | -0.632 | - | - | - | 1 |
| 2028Q2 | - | - | -0.627 | - | - | - | 1 |
| 2028Q3 | - | - | -0.655 | - | - | - | 1 |
| 2028Q4 | - | - | -0.647 | - | - | - | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | -11.220 | -4.748 | -11.220 | 13.00 | 13.00 |
| 2026FY | - | -3.479 | - | - | 0.00 |
| 2027FY | - | -3.512 | - | - | 0.22 |
| 2028FY | - | -3.265 | - | - | 0.33 |
| 2029FY | - | -4.202 | - | - | 3.00 |
| 2030FY | - | -4.356 | - | - | 23.15 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-10-09 | 7 | 0 | 1 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-09-09 | 6 | 0 | 1 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-09-04 | 6 | 0 | 2 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-08-22 | 6 | 0 | 1 | 0.50 | 0.00 | 3.00 |
| 2026Q3 | S | 2026-08-07 | 6 | 0 | 2 | 0.50 | 0.00 | 3.00 |
| 2026Q3 | S | 2026-08-06 | 6 | 0 | 2 | 0.50 | 0.00 | 3.00 |
| 2026Q3 | S | 2026-06-26 | 6 | 0 | 2 | 0.50 | 0.00 | 3.00 |
| 2026Q3 | S | 2026-06-08 | 6 | 0 | 1 | 3.83 | 0.00 | 20.00 |
| 2026Q3 | S | 2026-05-08 | 6 | 0 | 1 | 3.89 | 0.00 | 20.00 |
| 2026Q3 | S | 2026-04-16 | 6 | 0 | 0 | 4.11 | 0.00 | 20.00 |
| 2026Q3 | S | 2026-03-09 | 5 | 0 | 0 | 4.93 | 0.00 | 20.00 |
| 2026Q3 | S | 2026-03-06 | 4 | 0 | 0 | 1.17 | 0.00 | 4.67 |
| 2026Q3 | S | 2025-12-12 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-28 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -1.132 | -2.271 | -2.185 | -2.8287 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2023 | 2024 | 2025 | TTM | |||||
| EPS, quarterly | -0.093 | -0.91 | -0.505 | -0.484 | -0.451 | -0.396 | -0.897 | -0.644 | -0.892 |
| Period | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 5 | 7 | 13 | 10 | |||||
| Period | 2023 | 2024 | 2025 | TTM | |||||
| Sales, quarterly | 7 | 0 | 0 | 3 | 0 | 10 | 0 | 0 | 0 |
| Period | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 30.078 | 30.078 | 31.524 | 36.282 | |||||
| Period | 2023 | 2024 | 2025 | MRQ | |||||
| Shares, quarterly | 30.078 | 30.078 | 31.524 | 30.078 | 30.078 | 31.524 | 31.524 | 36.018 | 36.282 |
| Period | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY |
|---|---|---|---|---|
| Total Revenue | 10.00 | 13.00 | 7.00 | 5.00 |
| Cost of Goods Sold Incl. D&A | 1.54 | 1.39 | 1.29 | 1.00 |
| Gross Profit | 8.46 | 11.61 | 5.71 | 4.00 |
| Selling, General and Administrative Excl. Other | 110.36 | 92.68 | 75.73 | 41.85 |
| Research and Development | 83.77 | 74.04 | 64.24 | 32.00 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -101.89 | -81.07 | -70.01 | -37.85 |
| Interest Expense | - | 0.01 | 0.03 | 0.06 |
| Unusual Expense | 0.00 | -8.93 | 0.00 | 0.00 |
| Net Income Before Taxes | -94.67 | -68.87 | -66.81 | -34.05 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -94.67 | -68.87 | -66.81 | -34.05 |
| Net Income From Continuing Operations | -94.67 | -68.87 | -66.81 | -34.05 |
| Net Income | -94.67 | -68.87 | -68.31 | -34.05 |
| EPS (Recurring) | -2.62 | -2.38 | -2.27 | -1.13 |
| EPS (Basic, Before Extraordinaries) | -2.83 | -2.18 | -2.27 | -1.13 |
| EPS (Diluted) | -2.83 | -2.18 | -2.27 | -1.13 |
| EBITDA | -100.36 | -79.68 | -68.73 | -36.85 |
| Non-Operating Income (Expense) | 7.22 | 3.28 | 3.24 | 3.85 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 12.81 | 5.86 | 1.72 | 1.48 |
| Price To Sales Ratio | 48.02 | 41.51 | - | - |
| Gross Margin | 84.62 | 89.32 | 81.61 | 80.00 |
| Operating Margin | -1,018.93 | -623.62 | -1,000.19 | -757.00 |
| Net Margin | -946.68 | -529.77 | -975.83 | -681.06 |
| Shares Outstanding | 36.28 | 31.52 | 30.08 | 30.08 |
| Market Capitalization | 312.84 | 312.84 | 552.30 | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q3 | 2024Q2 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 10.00 | 0.00 | 3.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.55 | 0.35 | 0.33 | 0.31 | 0.38 | 0.38 | 0.33 | 0.33 |
| Gross Profit | -0.55 | -0.35 | -0.33 | 9.69 | -0.38 | 2.62 | -0.33 | -0.33 |
| Selling, General and Administrative Excl. Other | 34.34 | 23.61 | 29.39 | 23.02 | 22.62 | 17.66 | 16.19 | 27.96 |
| Research and Development | 26.41 | 17.32 | 20.40 | 19.64 | 19.64 | 14.36 | 13.29 | 25.18 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -34.90 | -23.95 | -29.72 | -13.33 | -22.99 | -15.03 | -16.52 | -28.29 |
| Interest Expense | - | - | - | - | 0.00 | 0.00 | 0.01 | 0.01 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | -9.05 | 0.12 | 0.00 | 0.00 |
| Net Income Before Taxes | -32.25 | -21.67 | -28.27 | -12.47 | -13.56 | -14.56 | -15.92 | -27.38 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -32.25 | -21.67 | -28.27 | -12.47 | -13.56 | -14.56 | -15.92 | -27.38 |
| Net Income From Continuing Operations | -32.25 | -21.67 | -28.27 | -12.47 | -13.56 | -14.56 | -15.92 | -27.38 |
| Net Income | -32.25 | -21.67 | -28.27 | -12.47 | -13.56 | -14.56 | -15.92 | -27.38 |
| EPS (Recurring) | -0.89 | -0.64 | -0.90 | -0.40 | -0.66 | -0.48 | -0.50 | -0.91 |
| EPS (Basic, Before Extraordinaries) | -0.89 | -0.64 | -0.90 | -0.40 | -0.45 | -0.48 | -0.50 | -0.91 |
| EPS (Diluted) | -0.89 | -0.64 | -0.90 | -0.40 | -0.45 | -0.48 | -0.50 | -0.91 |
| EBITDA | -34.34 | -23.61 | -29.39 | -13.02 | -22.62 | -14.65 | -16.19 | -27.96 |
| Non-Operating Income (Expense) | 2.65 | 2.28 | 1.44 | 0.85 | 0.38 | 0.60 | 0.61 | 0.92 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 4.60 | 3.45 | 4.20 | 0.56 | 0.56 | 0.54 | 0.40 | 0.41 |
| Price To Sales Ratio | 48.02 | 77.41 | 41.51 | - | - | - | - | - |
| Gross Margin | - | - | - | 96.89 | - | 87.43 | - | - |
| Operating Margin | - | - | - | -133.28 | - | -501.07 | - | - |
| Net Margin | - | - | - | -124.75 | - | -485.23 | - | - |
| Shares Outstanding | 36.28 | 36.02 | 31.52 | 31.52 | 30.08 | 30.08 | 31.52 | 30.08 |
| Market Capitalization | 312.84 | 828.06 | 539.69 | 552.30 | - | - | - | - |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY |
|---|---|---|---|
| Cash & Short Term Investments | 149.20 | 72.04 | 79.08 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 4.28 | 1.95 | 0.95 |
| Total Current Assets | 153.48 | 73.99 | 80.03 |
| Net Property, Plant & Equipment | 2.46 | 1.80 | 1.97 |
| Total Investments and Advances | 68.90 | 0.21 | 0.21 |
| Other Assets | 0.10 | 0.06 | 0.04 |
| Total Assets | 224.95 | 76.06 | 82.25 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.59 | 1.02 | 0.77 |
| Accounts Payable | 7.76 | 8.26 | 1.76 |
| Other Current Liabilities | 9.56 | 18.70 | 4.33 |
| Total Current Liabilities | 17.91 | 27.98 | 6.86 |
| Long Term Debt | 1.47 | 192.29 | 149.86 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.02 | 3.25 |
| Total Liabilities | 19.38 | 220.29 | 159.96 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 |
| Common Equity | 205.57 | -144.24 | -77.71 |
| Total Shareholders Equity | 205.57 | -144.24 | -77.71 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 |
| Total Equity | 205.57 | -144.24 | -77.71 |
| Total Liabilities & Stockholders Equity | 224.95 | 76.06 | 82.25 |
| Book Value Per Share | 6.52 | -4.80 | -2.58 |
| Tangible Book Value Per Share | 6.52 | -4.80 | -2.58 |
| Full-Time Employees | 48 | - | - |
| Price to Book Ratio | 1.13 | -3.02 | - |
| Return on Assets | -45.76 | -84.40 | - |
| Return on Equity | -224.59 | - | - |
| Return on Invested Capital | -33.26 | -139.02 | -47.20 |
| Quick Ratio | 8.57 | 2.64 | 11.67 |
| Current Ratio | 8.57 | 2.64 | 11.67 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY |
|---|---|---|---|---|
| Net Income | -94.67 | -68.87 | -66.81 | -34.05 |
| Depreciation | 1.54 | 1.39 | 1.29 | 1.00 |
| Other Funds (Non Cash) | 10.16 | -4.84 | -0.10 | -0.26 |
| Funds from Operations | -82.97 | -72.32 | -65.62 | -33.31 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 8.81 | -4.12 | 7.42 | 3.34 |
| Cash from Operating Activities | -74.15 | -76.44 | -58.20 | -29.97 |
| Capital Expenditures | -0.50 | -0.23 | -0.09 | -0.12 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -200.37 | -115.07 | -3.90 | -48.31 |
| Purchase of Investments | -325.59 | -199.17 | -90.25 | -91.31 |
| Sale Or Maturity of Investments | 125.22 | 84.10 | 86.35 | 43.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -200.87 | -115.31 | -3.99 | -48.43 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 275.00 | 222.36 | 49.84 | 63.98 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 275.00 | 222.36 | 49.84 | 63.98 |
| Proceedsfrom Stock Options | 274.27 | 222.35 | 49.83 | 63.98 |
| Issuance or Reduction of Debt, Net | -0.60 | -0.37 | 0.00 | 0.00 |
| Change in Long Term Debt | -0.60 | -0.37 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -0.60 | -0.37 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | -0.49 | -1.22 | 0.00 | 0.00 |
| Other Financing Activities Uses | -0.49 | -1.22 | 0.00 | 0.00 |
| Cash from Financing Activities | 274.22 | 220.76 | 49.42 | 63.75 |
| Net Change in Cash | -0.81 | 29.02 | -12.77 | -14.65 |
| Free Cash Flow | -74.65 | -76.68 | -58.28 | -30.09 |
| Preferred Dividends (Cash Flow) | - | 0.00 | - | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 200.79 | 211.46 | 149.20 | 76.06 | 86.80 | 48.41 |
| Short Term Receivables | 1.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 1.95 | 4.39 | 4.28 | 4.78 | 8.10 | 5.91 |
| Total Current Assets | 204.25 | 215.85 | 153.48 | 80.84 | 94.89 | 54.33 |
| Net Property, Plant & Equipment | 9.22 | 9.57 | 2.46 | 1.13 | 1.05 | 1.42 |
| Total Investments and Advances | 88.42 | 96.96 | 68.90 | 1.41 | 0.21 | 0.21 |
| Other Assets | 0.07 | 0.07 | 0.10 | 1.16 | 0.06 | 0.06 |
| Total Assets | 301.95 | 322.45 | 224.95 | 84.54 | 96.21 | 56.02 |
| Short Term Debt Incl. Current Port. of LT Debt | 1.75 | 1.82 | 0.59 | 0.50 | 0.47 | 0.74 |
| Accounts Payable | 5.04 | 4.04 | 7.76 | 3.58 | 3.67 | 7.57 |
| Other Current Liabilities | 10.69 | 4.74 | 9.56 | 6.34 | 5.95 | 13.72 |
| Total Current Liabilities | 17.49 | 10.60 | 17.91 | 10.42 | 10.09 | 22.04 |
| Long Term Debt | 6.87 | 7.30 | 1.47 | 257.26 | 257.35 | 192.21 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Total Liabilities | 24.36 | 17.90 | 19.38 | 267.68 | 267.44 | 214.25 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 277.59 | 304.56 | 205.57 | -183.14 | -171.23 | -158.24 |
| Total Shareholders Equity | 277.59 | 304.56 | 205.57 | -183.14 | -171.23 | -158.24 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 277.59 | 304.56 | 205.57 | -183.14 | -171.23 | -158.24 |
| Total Liabilities & Stockholders Equity | 301.95 | 322.45 | 224.95 | 84.54 | 96.21 | 56.02 |
| Book Value Per Share | 7.65 | 8.46 | 6.52 | -5.81 | -5.69 | -5.26 |
| Tangible Book Value Per Share | 7.65 | 8.46 | 6.52 | -5.81 | -5.69 | -5.26 |
| Full-Time Employees | - | - | 48 | - | - | 45 |
| Price to Book Ratio | 1.13 | 3.53 | -2.95 | -3.02 | - | - |
| Return on Assets | -47.55 | -40.15 | - | - | - | - |
| Return on Equity | -178.03 | -103.87 | - | - | - | - |
| Return on Invested Capital | -11.34 | -6.95 | -13.66 | -16.83 | -15.75 | -42.85 |
| Quick Ratio | 11.68 | 20.36 | 8.57 | 7.76 | 9.40 | 2.46 |
| Current Ratio | 11.68 | 20.36 | 8.57 | 7.76 | 9.40 | 2.46 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -32.25 | -21.67 | -28.27 | -12.47 | -13.56 | -14.56 |
| Depreciation | 0.55 | 0.35 | 0.33 | 0.31 | 0.38 | 0.38 |
| Other Funds (Non Cash) | 3.84 | 2.66 | 3.61 | 0.05 | -8.74 | 0.24 |
| Funds from Operations | -27.85 | -18.66 | -24.34 | -12.12 | -21.93 | -13.94 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 7.54 | -8.84 | 7.64 | 2.48 | -4.27 | -9.96 |
| Cash from Operating Activities | -20.32 | -27.50 | -16.70 | -9.63 | -26.21 | -23.90 |
| Capital Expenditures | -0.18 | -0.08 | -0.10 | -0.13 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 31.48 | -85.28 | -122.80 | -23.77 | 18.00 | 13.50 |
| Purchase of Investments | -17.64 | -108.78 | -160.40 | -38.77 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 49.12 | 23.50 | 37.60 | 15.00 | 18.00 | 13.50 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 31.29 | -85.36 | -122.90 | -23.91 | 18.00 | 13.50 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.67 | 117.20 | 158.00 | -0.87 | 65.23 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.67 | 117.20 | 158.00 | -0.87 | 65.23 | 0.00 |
| Proceedsfrom Stock Options | -0.06 | 117.20 | 158.00 | -0.87 | 65.23 | 0.00 |
| Issuance or Reduction of Debt, Net | -0.14 | -0.09 | 0.07 | -0.45 | 0.00 | 0.00 |
| Change in Long Term Debt | -0.14 | -0.09 | 0.07 | -0.45 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -0.14 | -0.09 | 0.07 | -0.45 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | -1.22 | 0.74 | -0.74 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | -1.22 | 0.74 | -0.74 | 0.00 |
| Cash from Financing Activities | 0.53 | 117.11 | 156.85 | -0.27 | 64.34 | -0.15 |
| Net Change in Cash | 11.51 | 4.25 | 17.25 | -33.81 | 56.13 | -10.55 |
| Free Cash Flow | -20.50 | -27.59 | -16.80 | -9.77 | -26.21 | -23.90 |
Revenue breakdown
| Pharmaceutical Preparations | 2024: 7.00M 2025: 13.00M |
|---|---|
| United States | 2024: 7.00M 2025: 13.00M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 15.26% | 3.4M | 22.2M | 784.76K |
| 2026-10-15 | 15.91% | 3.5M | 22.2M | 681.72K |
| 2026-09-30 | 13.83% | 2.9M | 20.9M | 686.46K |
| 2026-09-15 | 13.76% | 2.9M | 20.9M | 854.25K |
| 2026-08-31 | 20.87% | 4.4M | 20.9M | 783.12K |
| 2026-08-14 | 22.60% | 4.7M | 20.8M | 799.44K |
| 2026-07-31 | 22.48% | 4.5M | 19.9M | 776.63K |
| 2026-07-15 | 20.85% | 4.0M | 19.3M | 732.46K |
| 2026-06-30 | 24.79% | 4.8M | 19.3M | 602.49K |
| 2026-06-15 | 22.16% | 4.3M | 19.3M | 372.19K |
| 2026-05-29 | 20.63% | 4.0M | 19.3M | 340.16K |
| 2026-05-15 | 16.11% | 3.1M | 19.2M | 343.08K |
| 2026-04-30 | 16.10% | 3.2M | 20.2M | 600.72K |
| 2026-04-15 | 28.17% | 3.5M | 12.3M | 622.50K |
| 2026-03-31 | 26.94% | 3.3M | 12.3M | 635.11K |
| 2026-03-13 | 24.95% | 3.1M | 12.3M | 613.95K |
| 2026-02-27 | 28.15% | 3.0M | 10.8M | 586.05K |
| 2026-02-13 | 26.32% | 2.8M | 10.8M | 529.16K |
| 2026-01-30 | 14.14% | 2.5M | 17.8M | 271.12K |
| 2026-01-15 | 10.73% | 1.9M | 17.8M | 256.41K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 4.00 | 7.80 | 0.00 | 16.705 | 0.00 | 0.00 | 0.983 | -0.015 | 0.001 |
| call | 5.00 | 1.50 | 5.30 | 0.50 | 8.134 | 401 | 0.00 | 0.963 | -0.014 | 0.001 |
| call | 7.50 | 0.65 | 1.95 | 1.19 | 2.612 | 1,025 | 63.00 | 0.748 | -0.042 | 0.004 |
| call | 10.00 | 0.10 | 0.20 | 0.18 | 1.161 | 942 | 165 | 0.238 | -0.028 | 0.004 |
| call | 12.50 | 0.00 | 1.25 | 0.10 | 2.044 | 8.00 | 0.00 | 0.159 | -0.038 | 0.003 |
| call | 15.00 | 0.00 | 0.75 | 0.05 | 2.482 | 124 | 0.00 | 0.109 | -0.035 | 0.003 |
| call | 17.50 | 0.00 | 3.00 | 0.07 | 2.953 | 4.00 | 0.00 | 0.096 | -0.038 | 0.002 |
| call | 20.00 | 0.00 | 1.55 | 0.39 | 3.340 | 31.00 | 0.00 | 0.088 | -0.041 | 0.002 |
| call | 22.50 | 0.00 | 4.90 | 1.45 | 3.670 | 5.00 | 0.00 | 0.082 | -0.042 | 0.002 |
| call | 25.00 | 0.00 | 3.00 | 0.00 | 7.249 | 0.00 | 0.00 | 0.352 | -0.176 | 0.005 |
| call | 30.00 | 0.00 | 4.90 | 7.20 | 4.433 | 4.00 | 0.00 | 0.072 | -0.046 | 0.002 |
| call | 35.00 | 0.00 | 4.90 | 2.00 | 4.783 | 2.00 | 0.00 | 0.069 | -0.047 | 0.002 |
| call | 40.00 | 0.00 | 4.90 | 0.05 | 5.166 | 31.00 | 0.00 | 0.066 | -0.048 | 0.002 |
| put | 2.50 | 0.00 | 0.05 | 0.04 | 4.072 | 11.00 | 0.00 | -0.020 | -0.013 | 0.001 |
| put | 5.00 | 0.00 | 0.05 | 0.05 | 2.887 | 245 | 0.00 | -0.071 | -0.030 | 0.002 |
| put | 7.50 | 0.00 | 0.40 | 2.50 | 1.891 | 31.00 | 0.00 | -0.248 | -0.045 | 0.004 |
| put | 10.00 | 0.10 | 4.90 | 3.40 | 7.697 | 5.00 | 0.00 | -0.762 | -0.026 | 0.004 |
| put | 12.50 | 2.50 | 6.00 | 1.90 | 6.025 | 6.00 | 0.00 | -0.841 | -0.036 | 0.003 |
| put | 15.00 | 5.20 | 8.50 | 2.20 | 6.816 | 1.00 | 0.00 | -0.891 | -0.034 | 0.003 |
| put | 17.50 | 7.50 | 11.00 | 3.00 | 7.431 | 0.00 | 0.00 | -0.904 | -0.036 | 0.002 |
| put | 20.00 | 10.00 | 13.50 | 5.40 | 7.934 | 2.00 | 0.00 | -0.912 | -0.038 | 0.002 |
| put | 22.50 | 12.50 | 16.00 | 0.00 | 8.358 | 0.00 | 0.00 | -0.918 | -0.040 | 0.002 |
| put | 25.00 | 15.00 | 18.50 | 0.00 | 8.724 | 0.00 | 0.00 | -0.922 | -0.041 | 0.002 |
| put | 30.00 | 20.00 | 23.50 | 0.00 | 9.332 | 0.00 | 0.00 | -0.928 | -0.043 | 0.002 |
| put | 35.00 | 25.00 | 28.50 | 0.00 | 9.825 | 0.00 | 0.00 | -0.932 | -0.044 | 0.002 |
| put | 40.00 | 30.00 | 33.50 | 0.00 | 10.238 | 0.00 | 0.00 | -0.935 | -0.046 | 0.002 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-10 | SCHEDULE 13D/A | SEC | ||
| 2026-11-05 | 8-K | Current report | 2026-11-05 | SEC |
| 2026-11-04 | 424B3 | SEC | ||
| 2026-11-04 | 8-K | Current report | 2026-11-04 | SEC |
| 2026-10-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-30 | SEC |
| 2026-10-01 | 8-K | Current report | 2026-10-01 | SEC |
| 2026-09-23 | 8-K | Current report | 2026-09-23 | SEC |
| 2026-09-15 | 8-K | Current report | 2026-09-15 | SEC |
| 2026-09-09 | 424B3 | SEC | ||
| 2026-09-09 | 8-K | Current report | 2026-09-08 | SEC |
| 2026-08-14 | SCHEDULE 13G/A | SEC | ||
| 2026-08-14 | SCHEDULE 13G | SEC | ||
| 2026-08-06 | 424B3 | SEC | ||
| 2026-08-06 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-06 | 8-K | Current report | 2026-08-06 | SEC |
| 2026-07-30 | 8-K | Current report | 2026-07-29 | SEC |
| 2026-07-16 | SCHEDULE 13G | SEC | ||
| 2026-07-10 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-08 | SEC |
| 2026-07-08 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-07 | SEC |
| 2026-06-29 | 424B3 | SEC | ||
| 2026-06-29 | 8-K | Current report | 2026-06-29 | SEC |
| 2026-06-24 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-22 | SEC |
| 2026-06-24 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-22 | SEC |
| 2026-06-24 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-22 | SEC |
| 2026-06-22 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-06-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-01 | SEC |
| 2026-06-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-01 | SEC |
| 2026-06-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-02 | SEC |
| 2026-06-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-02 | SEC |
| 2026-06-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-02 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 146.26K | 2 | 0 | 0 |
| 2026-06 | 0 | 0 | 1.54M | 6 |
| 2026-05 | 0 | 0 | 739.83K | 2 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 17.35K | 1 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| EQT Fund Management S.a r.l. | 14.68% |
| RA CAPITAL MANAGEMENT, L.P. | 9.70% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 5.39% |
| Pivotal bioVenture Partners Investment Advisor LLC | 5.35% |
| JPMORGAN CHASE & CO | 4.31% |
| RTW INVESTMENTS, LP | 4.17% |
| Nan Fung Group Holdings Ltd | 4.00% |
| Point72 Asset Management, L.P. | 3.98% |
| EVENTIDE ASSET MANAGEMENT, LLC | 3.36% |
| Vestal Point Capital, LP | 2.78% |
Funds
| Fund | % owned |
|---|---|
| Eventide Healthcare & Life Sciences Fund | 2.61% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 2.05% |
| T. Rowe Price New Horizons Fund, Inc. | 1.97% |
| Small Cap Growth Fund | 1.58% |
| JPMorgan Small Cap Growth Fund | 1.54% |
| T. Rowe Price Health Sciences Fund, Inc. | 0.96% |
| iShares Russell 2000 ETF | 0.92% |
| Federated Hermes Kaufmann Small Cap Fund | 0.90% |
| T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund | 0.72% |
| JPMorgan Small Cap Blend Fund | 0.49% |
OakChart. EVMN. Cached 15 minutes.