Larimar Plans June Rolling BLA Submission with $200M Cash Runway
Larimar plans to initiate a rolling BLA submission for nomlabofusp in June 2026, with CMC modules due in H2 2026, and expects topline open-label study data in Q2 2026. The company held $200.4 million in cash and equivalents as of March 31, extending its runway into Q2 2027.
1. BLA Submission Timeline
Larimar aims to start a rolling Biologics License Application for nomlabofusp in June 2026, submitting nonclinical and clinical modules first and completing the chemistry, manufacturing, and controls module in the second half of the year. A Type B meeting is scheduled prior to submission to secure additional FDA feedback and alignment on data requirements.
2. Nonclinical Findings and Surrogate Endpoint
Cross-species studies published in April showed nomlabofusp significantly raises frataxin levels across heart, brain, dorsal root ganglia, and skeletal muscle, supporting skin frataxin concentration as a reasonably likely surrogate endpoint. These findings underpin the Accelerated Approval strategy by correlating peripheral tissue FXN changes with target organ levels.
3. Financial Position and Funding
As of March 31, 2026, Larimar held $200.4 million in cash, cash equivalents, and marketable securities, extending its cash runway into Q2 2027. In February, the company completed a $115 million underwritten public offering, securing $107.6 million in net proceeds to fund clinical development.
4. Upcoming Milestones
Topline data from the open-label study is expected in the second quarter of 2026 to support the BLA submission, and the first patient dosing in the global confirmatory Phase 3 trial is planned for mid-2026. These milestones could drive significant regulatory and clinical progress for nomlabofusp in Friedreich’s ataxia.