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Barinthus Biotherapeutics (ADR) (BRNS)

Develops immune-tolerance therapies for celiac disease while seeking partners for legacy viral-vector programs.

$0.7270
Pre-market−0.05 (−6.18%)
At close$0.7749(+1.29%)
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Barinthus Biotherapeutics plcBRNSHealth Care

Develops VTP-1000, an antigen-specific immune-tolerance program for celiac disease. Formerly Vaccitech, it is a small, U.S.-centered clinical-stage company seeking partners for its viral-vector portfolio.

Originated as a Jenner Institute, University of Oxford spinout and became Barinthus after operating as Vaccitech. The business is a clinical-stage immunotherapy company centered on antigen-specific immune tolerance, with VTP-1000 its directly prioritized program for celiac disease.

Future operations are focused in Germantown, Maryland after a restructuring and planned U.K.-site closure. The company seeks partners to advance VTP-300 for chronic hepatitis B and other legacy viral-vector assets rather than funding them as its direct priority.

A proposed combination with Clywedog Therapeutics remained pending in the latest company update; the reported future name and ticker were conditional on closing. Direct development therefore depends on VTP-1000 clinical progress, while the legacy portfolio depends on partner-led advancement.

Company facts

CEOWilliam (Bill) Enright
ListedApr 30, 2021
ExchangeNASDAQ
HeadquartersGermantown, MD
CountryUnited Kingdom
Employees14
CIK0001828185
ISINUS91864C1071

Market cap$30.4M
EPS (ttm)−$1.03
P/E (ttm)−0.7214
ROE-59.2%
P/B0.5318
P/S0.00
Dividend yieldDiv yield
Beta0.93vs XLV −0.07

Price target$3.00+305.4%Avg of 4 analysts
ConsensusBuy3 of 4 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 6, 2026
estimated · in 64 days
EPS estimate
−$0.27
Revenue estimate
$216.9K
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26Apr '26Aug '26Nov '26
Reported−$0.51−$0.49−$0.52−$0.36−$0.27−$0.14−$0.26Pending
Estimate−$0.50−$0.34−$0.29−$0.45−$0.40−$0.36−$0.28−$0.27
Surprise−2.0%−44.1%−79.3%+20.0%+32.5%+61.1%+7.1%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26Apr '26Aug '26Nov '26
Reported−$9.2MPending
Estimate$216.9K
Surprise
Estimate−$0.27
ReportedDue Nov 6, 2026
Estimate$216.9K
ReportedDue Nov 6, 2026
View details

Debt to equity18.00%
Current ratio553.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$15.0M$0$0$0$0$0$0$0
Net income−$8.1M−$20.5M−$19.6M−$21.1M−$14.6M−$11.1M−$5.5M−$10.6M
Net margin0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$9.4M−$23.4M−$20.6M−$23.3M−$15.1M−$9.4M−$9.1M−$11.0M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $59.3M · Total debt $10.3M · Total assets $81.9M · Shareholders' equity $57.1M

Revenue
$0
Operating income
−$11.0M
Net income
−$10.6M
View details

No dividends on record.

Insiders2 holders · as of Feb 11, 20259.85%4.03M ADS
Strategic holders1 holder · as of Apr 13, 20266.69%2.73M ADS
Otherremainder83.46%34.09M ADS

40.85M ADS as of Sep 3, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Frank W. CawoodInsider
8.29%3.38M13Gfiled Feb 11, 2025
International Generosity Foundation TrustStrategic
6.69%2.73M13Dfiled Apr 13, 2026
Geoffrey LynnInsiderofficer: Chief Scientific Officer
1.57%640,639 ordinaryForm 4filed Dec 31, 2024

13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
Barinthus Biotherapeutics (ADR)$0.7270−6.18%$30.4M
Takeda (ADR)$18.59+0.81%$58.65B51.256.82.0+5.8%
Teva (ADR)$37.45−0.05%$43.66B62.513.32.4−0.8%
Sanofi (ADR)$44.54+0.17%$106.78B78.21.9+11.2%
GSK (ADR)$50.57+0.29%$101.06B15.89.12.2+2.7%
VirBio$11.58+0.74%$1.94B6.4+19,582.5%
Median56.913.32.2+5.8%