Larimar Therapeutics Shows Promise in Friedreich’s Ataxia Treatment

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2025.11.07 06:53
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Larimar Therapeutics, Inc. (LRMR) reported its Q3 earnings, highlighting progress in its open label study for nomlabofusp, aimed at treating Friedreich’s ataxia. The study showed promising clinical outcomes and increased skin frataxin levels, despite some cases of anaphylaxis. The company incurred a net loss of $47.7 million due to rising R&D costs. Larimar plans to submit a Biologics License Application for accelerated approval in Q2 2026, focusing on nomlabofusp as a potential disease-modifying therapy.