Welcome to our dedicated page for Aardvark Therapeutics news (Ticker: AARD), a resource for investors and traders seeking the latest updates and insights on Aardvark Therapeutics stock.
Aardvark Therapeutics (AARD) is a clinical-stage biopharmaceutical company pioneering novel therapies for metabolic diseases through targeted activation of gut-based receptors. This page serves as the definitive source for verified news and official announcements related to their research programs, clinical developments, and corporate milestones.
Investors and researchers will find timely updates on clinical trial progress, regulatory designations, and scientific partnerships, including developments in their lead candidate ARD-101 for hyperphagia management. The curated news collection provides essential context about their unique approach to appetite regulation through TAS2R-targeted therapeutics.
All content undergoes rigorous verification to ensure accuracy, with focus areas including trial phase advancements, peer-reviewed research citations, and strategic collaborations. Regular updates reflect the company's progress in addressing rare metabolic disorders while maintaining compliance with financial disclosure standards.
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Aardvark Therapeutics (NASDAQ: AARD) reported its Q1 2025 financial results and business updates. The company successfully completed its IPO in February 2025, raising $87.5 million in net proceeds. As of March 31, 2025, Aardvark had $151.3 million in cash and investments, expected to fund operations into 2027.
The company's lead candidate, ARD-101, is in Phase 3 HERO trial for treating hyperphagia in Prader-Willi Syndrome (PWS), with data readout expected in early 2026. For Q1 2025, R&D expenses increased to $7.8 million from $1.2 million in Q1 2024, while G&A expenses rose to $2.7 million from $0.9 million. Net loss widened to $9.3 million compared to $2.2 million in the prior year.
Aardvark Therapeutics (NASDAQ: AARD), a clinical-stage biopharmaceutical company specializing in small-molecule therapeutics for metabolic diseases, has announced its participation in three major healthcare investor conferences in May 2025:
- Bank of America Global Healthcare Conference in Las Vegas on May 15 at 12:35 p.m. ET
- H.C. Wainwright BioConnect Investor Conference in New York on May 20 at 3:30 p.m. ET
- RBC Capital Markets Global Healthcare Conference in New York on May 21 at 2:35 p.m. ET
Live webcasts will be available on the company's website with recordings accessible for approximately one month after each presentation.
Aardvark Therapeutics (NASDAQ: AARD) reported its full year 2024 financial results and business highlights. The company's lead candidate ARD-101 showed promising results in a Phase 2 trial for Prader-Willi Syndrome (PWS), demonstrating up to 16-point HQ-CT reduction in hyperphagia and improvements in body composition over 28 days.
The company successfully completed its IPO in February 2025, raising $97.9 million in gross proceeds. Financial results show cash position of $73.7 million as of December 31, 2024. R&D expenses increased to $17.4 million from $4.5 million in 2023, while G&A expenses rose to $5.3 million from $2.2 million. Net loss widened to $20.6 million from $7.2 million in 2023.
Key upcoming milestones include Phase 2 HONOR trial initiation for hypothalamic obesity and Phase 2 EMPOWER trial for ARD-201 in H2 2025, with Phase 3 HERO trial topline data expected in early 2026.
Aardvark Therapeutics (Nasdaq: AARD), a clinical-stage biopharmaceutical company focused on developing small-molecule therapeutics for metabolic diseases, has announced the pricing of its initial public offering. The company is offering 5,888,000 shares of common stock at $16.00 per share, expecting to raise gross proceeds of approximately $94.2 million.
Trading is set to commence on the Nasdaq Global Select Market on February 13, 2025, under the ticker symbol 'AARD'. The offering is expected to close on February 14, 2025. Additionally, underwriters have a 30-day option to purchase up to 883,200 additional shares at the public offering price. Morgan Stanley, BofA Securities, Cantor, and RBC Capital Markets are serving as joint book-running managers for the IPO.