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DMRA Overview

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Intellectia

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High
26.020
Open
24.640
VWAP
25.18
Vol
846.83K
Mkt Cap
1.53B
Low
24.640
Amount
21.32M
EV/EBITDA(TTM)
--
Total Shares
61.55M
EV
1.13B
EV/OCF(TTM)
--
P/S(TTM)
--
Damora Therapeutics Inc, formerly Galecto, Inc, is a clinical-stage biotechnology company focused on the development of novel treatments for cancer and liver diseases. The Company is engaged in the advancing a new generation of biologics to treat mutant calreticulin-driven myeloproliferative neoplasms, including essential thrombocythemia and myelofibrosis, where there is significant medical need for disease-modifying treatments. It offers a multiple programs including asset, DMR-001, an investigational monoclonal antibody therapy targeting mutCALR. DMR-001 was designed to exclusively bind to mutCALR with exquisite selectivity, potency, and extended half-life, with potential to enable convenient, infrequent subcutaneous dosing.
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Events Timeline

(ET)
2026-03-23
08:20:00
Damora Therapeutics Appoints New Board Members
select
2026-03-23
08:20:00
Damora Therapeutics Appoints Jennifer Jarrett as CEO
select

News

NASDAQ.COM
8.5
19:04 PMNASDAQ.COM
PinnedFCPM III Services B.V. Initiates Position in Damora Therapeutics
  • New Investment Dynamics: FCPM III Services B.V. initiated a position in Damora Therapeutics by acquiring 2,441,000 shares valued at $65.63 million in Q1 2026, reflecting strong confidence in the company despite a 700% stock price increase over the past year.
  • Asset Allocation Change: This transaction resulted in a 9.09% change in FCPM's reportable U.S. equity assets under management, indicating optimism about Damora's future, particularly following its recent rebranding and strategic transformation.
  • Strong Financial Position: Damora Therapeutics ended Q1 with $532.9 million in cash, expected to fund operations through 2029, even as its net loss widened to $27.8 million, with investors focusing on upcoming clinical milestones rather than current earnings.
  • Leadership Restructuring: New CEO Jennifer Jarrett stated that the company is well-positioned in the market, and with the restructuring of its leadership team by bringing in executives from Blueprint Medicines, Damora aims to accelerate its product launch timeline.
Fool
8.5
18:06 PMFool
PinnedFCPM III Acquires Significant Stake in Damora Therapeutics
  • New Investment Position: FCPM III Services B.V. disclosed a new position in Damora Therapeutics as of March 31, 2026, acquiring 2,441,000 shares valued at approximately $65.63 million, indicating strong confidence in the company's future prospects.
  • Asset Allocation Insight: This acquisition represents 8.75% of FCPM III's reportable assets, reflecting the fund's optimistic outlook on Damora's growth trajectory, despite the stock's nearly 700% increase over the past year.
  • Financial Health Overview: Damora Therapeutics boasts a market capitalization of $1.5 billion, and while its net loss widened to $27.8 million, its cash reserves of $532.9 million are projected to fund operations through 2029, indicating solid financial stability.
  • Clinical Outlook: The lead candidate DMR-001 is expected to have a regulatory submission in mid-2026, with management asserting its best-in-class potential, suggesting that future clinical milestones will be a focal point for investor interest.
seekingalpha
9.5
05-12seekingalpha
Galecto Reports Q1 Earnings Miss with CEO Appointment
  • Earnings Miss: Galecto's Q1 GAAP EPS of -$0.62 fell short by $0.23, indicating challenges in profitability that may affect investor confidence and future stock performance.
  • Strong Cash Position: As of March 31, 2026, the company reported approximately $532.9 million in cash and cash equivalents, which is expected to fund operations through 2029, reflecting short-term financial stability.
  • Executive Change: The appointment of Jennifer Jarrett as CEO by Damora Therapeutics may introduce new strategic directions and management styles, potentially impacting the company's future trajectory.
  • Market Rating Attention: Seeking Alpha's Quant Rating on Galecto has drawn market attention, prompting investors to closely monitor the company's upcoming financial performance and management decisions.
seekingalpha
5.0
03-23seekingalpha
Damora Therapeutics Appoints New CEO and Board Members
  • New CEO Appointment: Damora Therapeutics has appointed Jennifer Jarrett as the new CEO, effective March 30, 2026, aiming to leverage her extensive experience in the biopharmaceutical sector to drive strategic growth for the company.
  • Board Expansion: Jarrett will also serve on the Board of Directors, enhancing the company's governance structure and decision-making efficiency, which is expected to positively impact the company's long-term growth trajectory.
  • New Board Members: The company has appointed Cameron Turtle and Mike Landsittel to the Board, with Turtle being the CEO of Spyre Therapeutics and Landsittel a former CFO of Blueprint Medicines, bringing additional industry expertise and resources to the company.
  • Chairman Change: Peter Harwin has been named Chairman of the Board, and as a founding partner at Fairmount Funds Management, his leadership is expected to enhance the company's influence in capital markets, supporting future financing and strategic planning.
moomoo
5.0
03-23moomoo
Damora Therapeutics Names Biotechnology Expert Jennifer Jarrett as President and CEO; Welcomes Two Industry Veterans to Board of Directors
  • New Leadership Appointment: Damo Therapeutics has appointed Jennifer Jarrett as President and Chief Executive Officer, enhancing its leadership team.

  • Board Expansion: The company has also added two industry veterans to its Board of Directors, aiming to strengthen its strategic direction.

NASDAQ.COM
9.5
03-20NASDAQ.COM
Damora Therapeutics Reports 2025 Results and Pipeline Progress
  • Financial Overview: Damora Therapeutics ended 2025 with $257.6 million in cash, which increased to $535 million following a public offering in February 2026, providing essential funding for Phase 3 development, despite reporting a net loss of $209.8 million, significantly higher than the previous year's $21.4 million, primarily due to costs associated with the acquisition of the mutCALR pipeline.
  • Pipeline Progress: The company's lead program, DMR-001, is on track for an IND/CTA filing in mid-2026, with two proof-of-concept readouts expected in 2027, indicating its potential in treating mutant calreticulin-driven blood disorders.
  • New Therapy Development: DMR-002 and DMR-003 are respectively an undisclosed mutCALR-targeted therapy and a bispecific antibody, with IND/CTA submissions anticipated in the second half of 2026 and 2027, further enhancing Damora's competitive position in the market.
  • Stock Split Impact: The company implemented a 1-for-25 reverse stock split on August 26, 2024; despite a 9.22% drop in stock price to $19.20 on Thursday, it slightly rebounded to $19.21 in pre-market trading, reflecting cautious optimism in the market regarding its future developments.
Wall Street analysts forecast DMRA stock price to rise
0 Analyst Rating
Wall Street analysts forecast DMRA stock price to rise
0 Buy
0 Hold
0 Sell
Current: 0.000
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Current: 0.000
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Wedbush
initiated
$35
AI Analysis
2026-05-28
New
Reason
Wedbush
Price Target
$35
AI Analysis
2026-05-28
New
initiated
Reason
As previously reported, Wedbush initiated coverage of Damora Therapeutics (DMRA) with an Outperform rating and $35 price target. The firm views Damora as a compelling emerging hematology story centered around DMR-001, a next-generation anti-mutCALR monoclonal antibody designed to improve upon the clinically validated but commercially imperfect profile established by Incyte's (INCY) INCA033989. While INCA033989 has validated mutCALR as a compelling disease-modifying target in essential thrombocythemia and myelofibrosis, Wedbush believes meaningful room remains for differentiation, particularly in non-Type 1 patients and in long-term treatment convenience. DMR-001 was engineered to address both limitations, the firm adds.
Wedbush
David Nierengarten
initiated
$35
2026-05-28
New
Reason
Wedbush
David Nierengarten
Price Target
$35
2026-05-28
New
initiated
Reason
Wedbush analyst David Nierengarten initiated coverage of Damora Therapeutics with an Outperform rating and $35 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for DMRA
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Valuation Metrics

The current forward P/E ratio for Damora Therapeutics Inc (DMRA.O) is 0.00, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Damora Therapeutics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
Current PE
0.00
Overvalued PE
Undervalued PE

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
Current PS
0.00
Overvalued PS
Undervalued PS

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Frequently Asked Questions

What is Damora Therapeutics Inc (DMRA) stock price today?

The current price of DMRA is 24.88 USD — it has increased 0.16

What is Damora Therapeutics Inc (DMRA)'s business?

Damora Therapeutics Inc, formerly Galecto, Inc, is a clinical-stage biotechnology company focused on the development of novel treatments for cancer and liver diseases. The Company is engaged in the advancing a new generation of biologics to treat mutant calreticulin-driven myeloproliferative neoplasms, including essential thrombocythemia and myelofibrosis, where there is significant medical need for disease-modifying treatments. It offers a multiple programs including asset, DMR-001, an investigational monoclonal antibody therapy targeting mutCALR. DMR-001 was designed to exclusively bind to mutCALR with exquisite selectivity, potency, and extended half-life, with potential to enable convenient, infrequent subcutaneous dosing.

What is the price predicton of DMRA Stock?

Wall Street analysts forecast DMRA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DMRA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Damora Therapeutics Inc (DMRA)'s revenue for the last quarter?

Damora Therapeutics Inc revenue for the last quarter amounts to -32.95M USD, increased 1167.60

What is Damora Therapeutics Inc (DMRA)'s earnings per share (EPS) for the last quarter?

Damora Therapeutics Inc. EPS for the last quarter amounts to USD, decreased

How many employees does Damora Therapeutics Inc (DMRA). have?

Damora Therapeutics Inc (DMRA) has 7 emplpoyees as of May 30 2026.

What is Damora Therapeutics Inc (DMRA) market cap?

Today DMRA has the market capitalization of 1.53B USD.