Latest news with #Larimar
Yahoo
21-05-2025
- Business
- Yahoo
Larimar Therapeutics, Inc.'s (LRMR): Analysts See 957% Upside Potential
We recently published an article titled . Larimar Therapeutics, Inc. (NASDAQ:LRMR) was one of the stocks that was covered in that article. Wall Street analysts believe LRMR has a 957% upside potential over the next 12 months. Closeup shot of a scientist in a lab coat examining a microscope for breakthroughs in biotechnology. Larimar Therapeutics, Inc. (NASDAQ:LRMR) is a biotechnology company focused on developing innovative treatments for rare genetic disorders. Among its pioneering efforts is the development of Nomlabofusp (CTI-1601), a therapeutic candidate specifically designed to address Friedreich's ataxia (FA). This rare and progressive genetic disorder stems from insufficient levels of frataxin, a mitochondrial protein essential for proper cellular function. By delivering frataxin to affected cells, Nomlabofusp aims to target the core deficit of FA, offering hope for improved cellular health and a potential slowing of disease progression. Central to Larimar's scientific approach is its proprietary intracellular delivery platform. This technology enables therapeutic molecules to cross cell membranes effectively, opening new possibilities for addressing other rare diseases marked by similar deficiencies or intracellular dysfunctions. The company continues to explore and expand its pipeline, leveraging this platform to address unmet needs in the realm of rare diseases. This forward-thinking strategy positions Larimar as a leader in developing transformative therapies in the biotechnology sector. In December of last year, the company disclosed that two patients experienced serious adverse events related to its experimental therapy, nomlabofusp, a treatment for Friedreich's ataxia (FA. This lead to a decline in the company's share price by 30% in intra-day trading. Larimar Therapeutics, however, maintains a strong financial foundation. The company's Q1 2025 earnings report highlighted its solid financial position with $157.5 million in cash, cash equivalents, and marketable securities as of March 31, 2025. This financial stability provides the resources necessary to sustain research and development activities and bolster commercialization efforts. Furthermore, Larimar projects its cash runway to extend well into the second quarter of 2026, ensuring continued progress in its clinical programs. Analysts have taken note of Larimar's promising trajectory, expressing confidence in the company's potential for growth. With an upside of 957.52%, the stock's estimated twelve-month price projection stands at $20.04, reflecting optimism about the potential impact of the company's groundbreaking work. Through its innovative technologies, strategic focus, and financial resilience, Larimar Therapeutics is advancing solutions that may redefine the treatment of rare diseases for patients worldwide. Overall, Larimar Therapeutics, Inc. (NASDAQ:LRMR) ranks 2nd on our list of 13 Best Multibagger Stocks to Invest in Now. While we acknowledge the potential of LRMR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LRMR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Best Low Volatility Stocks to Buy Now and Starter Stock Portfolio: 12 Safe Stocks to Buy Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Larimar Therapeutics, Inc.'s (LRMR): Analysts See 957% Upside Potential
We recently published an article titled . Larimar Therapeutics, Inc. (NASDAQ:LRMR) was one of the stocks that was covered in that article. Wall Street analysts believe LRMR has a 957% upside potential over the next 12 months. Closeup shot of a scientist in a lab coat examining a microscope for breakthroughs in biotechnology. Larimar Therapeutics, Inc. (NASDAQ:LRMR) is a biotechnology company focused on developing innovative treatments for rare genetic disorders. Among its pioneering efforts is the development of Nomlabofusp (CTI-1601), a therapeutic candidate specifically designed to address Friedreich's ataxia (FA). This rare and progressive genetic disorder stems from insufficient levels of frataxin, a mitochondrial protein essential for proper cellular function. By delivering frataxin to affected cells, Nomlabofusp aims to target the core deficit of FA, offering hope for improved cellular health and a potential slowing of disease progression. Central to Larimar's scientific approach is its proprietary intracellular delivery platform. This technology enables therapeutic molecules to cross cell membranes effectively, opening new possibilities for addressing other rare diseases marked by similar deficiencies or intracellular dysfunctions. The company continues to explore and expand its pipeline, leveraging this platform to address unmet needs in the realm of rare diseases. This forward-thinking strategy positions Larimar as a leader in developing transformative therapies in the biotechnology sector. In December of last year, the company disclosed that two patients experienced serious adverse events related to its experimental therapy, nomlabofusp, a treatment for Friedreich's ataxia (FA. This lead to a decline in the company's share price by 30% in intra-day trading. Larimar Therapeutics, however, maintains a strong financial foundation. The company's Q1 2025 earnings report highlighted its solid financial position with $157.5 million in cash, cash equivalents, and marketable securities as of March 31, 2025. This financial stability provides the resources necessary to sustain research and development activities and bolster commercialization efforts. Furthermore, Larimar projects its cash runway to extend well into the second quarter of 2026, ensuring continued progress in its clinical programs. Analysts have taken note of Larimar's promising trajectory, expressing confidence in the company's potential for growth. With an upside of 957.52%, the stock's estimated twelve-month price projection stands at $20.04, reflecting optimism about the potential impact of the company's groundbreaking work. Through its innovative technologies, strategic focus, and financial resilience, Larimar Therapeutics is advancing solutions that may redefine the treatment of rare diseases for patients worldwide. Overall, Larimar Therapeutics, Inc. (NASDAQ:LRMR) ranks 2nd on our list of 13 Best Multibagger Stocks to Invest in Now. While we acknowledge the potential of LRMR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LRMR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Best Low Volatility Stocks to Buy Now and Starter Stock Portfolio: 12 Safe Stocks to Buy Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Time Business News
24-04-2025
- Lifestyle
- Time Business News
Larimar Jewelry: a Chunk of Paradise on Your Collection
Believe capturing the essence of the Caribbean Sea—the swirling blues, the calming waves, and the tranquility of the ocean breeze—and wearing it near your coronary heart. That's exactly what Larimar Jewelry gives. referred to as the 'gemstone of the Caribbean,' Larimar is a rare, breathtaking stone that embodies tropical splendor, serenity, and religious well-being. Whether or not you are a gemstone enthusiast, a collector of unique pieces, or clearly someone who appreciates significant splendor, Larimar jewelry bJewelry a bit of paradise into your lifestyles. this newsletter explores the charm, advantages, and fashion versatility of Larimar, with a special highlight on the ever-famous Larimar Jewelry. Larimar is a unprecedented blue variety of pectolite found solely within the Dominican Republic. Its colour stages from mild blue to deep sea blue, often with white marbling that mimics sunlight dancing on ocean water. by virtue of its confined geographic supply, Larimar is not only specific but also notably treasured. What makes Larimar even extra unique is its religious significance. Many believe that Larimar promotes relaxation, clarity, and emotional healing—features that replicate the peaceful ocean it resembles. While you choose Larimar jewelry, you're not just selecting an accent; you're embracing a tale of earth, ocean, and quietness. here's why it's a have to-have for your Jewelry series: Unmatched herbal splendor The airy combination of oceanic blues and smooth whites gives Larimar its right away recognizable look. No 2 pieces are precisely alike, making every ring, pendant, or bracelet a one-of-a-type treasure. Exclusivity Due to the fact Larimar is located in only one a part of the world, carrying it capability showcasing an extraordinary and special gemstone. Its scarcity makes Larimar Jewelry a coveted addition for creditors and admirers of first-class stones. Healing and Calming electricity Related to the throat chakra, Larimar is said to aid verbal exchange, relieve strain, and soothe the soul. Many wearers sense a deeper feel of peace and emotional balance whilst embellished with this mystical stone. Eco-friendly and Artisan-Crafted Maximum larimar jewelry is hand made via local artisans in the Dominican Republic. these portions are frequently made the usage of eco-aware methods, which adds moral value to their already enormous aesthetic appeal. Of all sorts of Larimar Jewelry, Larimar Rings stand out because the most versatile and expressive. whether or not it's a ambitious cocktail ring or a sensitive band, the serene blue of Larimar captures interest except overpowering your style. Normal beauty Larimar Jewelry are ideal for daily wear. Their calming blue tone pairs effects with informal outfits and bJewelry a gentle pop of color to neutral tones. whether or not you are at the office or taking part in a seashore excursion, Larimar fits seamlessly into any occasion. Particular Engagement and Promise Jewelry For those seeking to move far from conventional diamond Jewelry, Larimar offers a completely unique, meaningful opportunity. Its soothing electricity and exclusive appearance make it a heartfelt preference for engagements, anniversaries, or promises. Stackable fashion The fashion of stacking Jewelry has taken the fashion world through typhoon. Larimar jewelry appearance stunning while blended with other stones like moonstone, aquamarine, or silver bands, taking into consideration non-public customization that tells your tale. Styling Larimar Jewelry is all approximately embracing its beachy beauty whilst letting its natural beauty shine. here are some style recommendations to make your Larimar portions stand out: Pair with Neutrals Permit the calming colorations of Larimar pop by sporting them with white, beige, or tender pastels. these tones complement the gemstone's palette and create a cohesive, breezy look. Go Boho sublime Integrate larimar jewelry and pendants with flowing fabrics, earthy tones, and layered necklaces for a laid-again, bohemian vibe. Upload a touch to Formal put on Larimar also can increase your formal attire. A bold Larimar declaration ring or a sensitive Larimar pendant provides a hint of class and intrigue on your nighttime ensemble. As a surprisingly tender gemstone (rated four.5 to 5 at the Mohs scale), Larimar calls for mild care. here are a few tips to ensure your portions last for years: Avoid chemical compounds: Hold Larimar far from perfumes, cleaning sellers, and chlorine, which can dull its shine. Mild cleaning: Use a gentle fabric and slight cleaning soap with lukewarm water. avoid ultrasonic or steam cleaners. Keep one after the other: because it's softer than other stones, keep Larimar jewelry in a cloth-coated field or pouch to save you scratches. With Larimar's growing recognition, it's integral to purchase from legitimate sources that assure authenticity. search for sellers who: provide certification or certain starting place data highlight artisan-crafted or honest-exchange practices offer clean pictures displaying the specific pattern of each stone proper Larimar Jewelry ought to sense clean to touch, have wonderful blue and white coloration, and regularly be set in sterling silver or white gold. In these days's rapid-paced global, sporting a chunk of the Caribbean can be your day by day reminder to gradual down, breathe deeply, and connect to nature. whether proficient to a loved one or worn as a private talisman, Larimar Jewelry carries a message of peace, motive, and presence. Larimar jewelry, especially, are ideal tokens of affection, gratitude, and individuality. They tell a tale of oceans traveled, palms that crafted them, and the soul they have been intended to embellish. Incorporating Larimar Jewelry into your series is like sporting a slice of the sky or the soul of the ocean. Its uncommon splendor, emotional depth, and tropical charm make it extra than simply an accessory—it's an revel the shorelines of the Dominican Republic for your jewelry field, Larimar bJewelry with it memories of nature, energy, and elegance. whether you pick out a necklace, Jewelry, or one of the beautiful Larimar Jewelry, you're now not simply buying Jewelry—you are embracing paradise. TIME BUSINESS NEWS
Yahoo
03-03-2025
- Business
- Yahoo
Larimar Therapeutics to Present at the Leerink Partners Global Healthcare Conference
BALA CYNWYD, Pa., March 03, 2025 (GLOBE NEWSWIRE) -- Larimar Therapeutics, Inc. (Larimar) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced that members of the company's management team will present and participate in 1x1 investor meetings at the Leerink Partners Global Healthcare Conference, taking place in Miami Beach, FL from March 10 – 12, 2025. Details on the presentation can be found below. Date: Monday, March 10, 2025Time: 3:40 – 4:10 PM ESTWebcast Link: Following the conclusion of the presentation, a replay will be available for 30 days on the 'Events and Presentations' page of Larimar's website. About Larimar TherapeuticsLarimar Therapeutics, Inc. (Nasdaq: LRMR), is a clinical-stage biotechnology company focused on developing treatments for complex rare diseases. Larimar's lead compound, nomlabofusp, is being developed as a potential treatment for Friedreich's ataxia. Larimar also plans to use its intracellular delivery platform to design other fusion proteins to target additional rare diseases characterized by deficiencies in intracellular bioactive compounds. For more information, please visit: Investor Contact:Joyce AllaireLifeSci Advisorsjallaire@ 915-2569 Company Contact:Michael CelanoChief Financial Officermcelano@ 414-2715
