Full steam ahead for Friedreich’s ataxia-focused Larimar

22 May 2024

A partial clinical hold affecting progress at Larimar Therapeutics (Nasdaq: LRMR) has been lifted by the US Food and Drug Administration.

The news lifted shares in the Pennsylvania, USA-based company by around a tenth.

Larimar is focused on developing treatments for complex rare diseases, including nomlabofusp, also known as CTI-1601, a novel protein replacement therapy with potential in Friedreich’s ataxia.

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