Damora Therapeutics, Inc. DMRA

Healthcare SIC 2834 - Pharmaceutical Preparations NAICS Manufacturing › Chemical Manufacturing › Pharmaceutical and Medicine Manufacturing › Pharmaceutical Preparation Manufacturing derived Nasdaq

We are a biopharmaceutical company developing therapies for the treatment of hematologic disorders. In our previously announced Asset Acquisition (as defined below), we bolstered our pipeline with the addition of three product candidates designed to treat myeloproliferative neoplasms ("MPNs"), a group of related, chronic disorders of the bone marrow. Our lead product candidate, DMR-001, targets mutant forms of the calcium binding protein calreticulin ("CALR"), which are collectively known as mutCALR. We have exercised our Option to license exclusive worldwide development and commercialization rights to DMR-001 from Paragon Therapeutics, Inc. ("Paragon"), pursuant to the Antibody Discovery and Option Agreement, dated as of October 7, 2025, by and among Paragon, Paramora Holding LLC ("Paramora") and Pre-Acquisition Damora (as defined below) (the "Paragon Option Agreement"). We intend to develop DMR-001 for the treatment of essential thrombocythemia ("ET"), an MPN associated with the overproduction of platelets, and myelofibrosis ("MF"), an MPN involving the overproliferation of blood cells and deposition of fibrous material in the bone marrow and spleen. Approximately 25% and 35% of cases of ET and MF, respectively, are caused by mutCALR rather than mutations in Janus-associated kinase 2 ("JAK2"). In contrast to marketed therapies for ET and MF, DMR-001 is designed to selectively target cells that express mutCALR while avoiding the adverse effects associated with non-specific cytoreductive drugs. Furthermore, DMR-001 was designed to have increased affinity, potency and a prolonged half-life when compared with other antibodies in development that target mutCALR. We believe that the potential combination of increased clinical activity and improved pharmacokinetics of DMR-001 positions it as a potential best-in-class therapy for ET and MF. We also have the option to license exclusive worldwide development and commercialization rights from Paragon of two other mutCALR-targeting product candidates, DMR-002 and DMR-003, pursuant to the Paragon Option Agreement. We intend to submit an Investigational New Drug Application ("IND") or Clinical Trial Application ("CTA") for DMR-001 and DMR-002 in mid-2026 and the second half of 2026, respectively, and for DMR-003 in 2027. Pursuant to the Paragon Option Agreement, we have engaged Paragon to execute a mutually agreed research plan for DMR-001, DMR-002, and DMR-003 aimed at producing potential product candidates to be licensed for further development, manufacture and commercialization by us. The research plan activities performed by Paragon are overseen by a joint development committee comprised of our employees and employees of Paragon.

Last close 21.09 2026-10-23
Market cap $1.30B 2026-06-30 share count
52-week range 16.50 - 34.89

Valuation FY2025 figures against the last close

P/S—
P/E5.3x
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS3.98

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
R&D $26.9M$6.4M$23.8M$48.2M$38.5M$24.6M$19.7M—
SG&A $9.7M$10.5M$12.7M$13.0M$13.7M$9.0M$2.4M—
Total operating expenses $210.9M$22.3M$39.9M$61.2M$52.2M$33.6M$39.0M—
Operating income -$210.9M-$22.3M-$39.9M-$61.2M-$52.2M-$33.6M$39.0M—
Interest expense $1.2M$844.0K$1.7M$722.0K$156.0K———
Pre-tax income -$209.8M-$21.4M-$38.3M-$61.6M-$51.8M-$34.8M-$36.5M—
Income tax $50.0K$41.0K$0$0$0$0$0—
Net income -$209.8M-$21.4M-$38.3M-$61.6M-$51.8M-$34.8M-$36.5M—
EPS, basic 3.98-18.53-36.08-2.43-2.05———
EPS, diluted 3.98-18.53-36.08-2.43-2.05-7.62-161.82—
Shares, diluted (wtd. avg.) 1.4M1.2M1.1M25.4M25.3M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $257.6M$14.2M$21.5M$32.8M$62.6M$163.8M$11.5M$31.1M
Short-term investments ——$11.7M$27.4M$37.6M———
Total current assets $260.4M$16.8M$36.8M$63.9M$110.1M$169.3M$56.1M—
Property, plant and equipment $36.0K$57.0K$78.0K$357.0K$203.0K———
Total assets $260.5M$17.1M$38.2M$73.2M$122.2M$171.6M$56.6M—
Accounts payable $444.0K$377.0K$1.7M$3.4M$1.5M$2.9M$3.3M—
Total current liabilities $20.1M$1.2M$5.8M$11.1M$4.5M$5.6M$7.9M—
Total liabilities $20.1M$1.3M$5.9M$11.4M$5.0M$6.1M$8.1M—
Retained earnings -$487.4M-$277.5M-$256.1M-$217.7M-$156.1M-$104.4M-$69.5M—
Total equity $240.4M$15.8M$32.3M$61.8M$117.2M$165.5M-$71.1M-$33.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow -$6.7M-$18.6M-$36.9M-$42.9M-$52.3M-$38.2M-$19.3M—
Depreciation and amortisation $22.0K$21.0K$269.0K$42.0K$20.0K———
Stock-based compensation $998.0K$3.2M$5.4M$5.6M$4.5M$982.0K——
Capital expenditure ———$196.0K$223.0K———
Investing cash flow -$17.4M$11.7M$22.3M$12.4M-$48.0M—-$326.0K—
Financing cash flow $266.8M—$2.9M$507.0K—$187.4M——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-191429.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -300M -200M -100M 0 Net income, FY2019: -36.5M Net income, FY2020: -34.8M Net income, FY2021: -51.8M Net income, FY2022: -61.6M Net income, FY2023: -38.3M Net income, FY2024: -21.4M Net income, FY2025: -209.8M FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — — — —
Gross profit — — — — — — — —
Net income — -$36.5M -$34.8M -$51.8M -$61.6M -$38.3M -$21.4M -$209.8M

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Charter or fiscal year changed Item 5.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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