LTGO · NASDAQ · Medical - Pharmaceuticals

Latigo Biotherapeutics

Develops non-opioid NaV1.8 inhibitors for acute and chronic pain.

$24.23
After-hours close−0.12 (−0.49%)
At close$24.35(−2.60%)
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Profile

Latigo Biotherapeutics, Inc.LTGOHealth Care

Develops oral small-molecule NaV1.8 inhibitors for acute and chronic pain, with LTG-001 in late-stage preparation and LTG-321 in proof-of-concept work. Has no approved products or product revenue and relies on outsourced trials and manufacturing.

Develops selective small-molecule NaV1.8 inhibitors designed to block peripheral pain transmission without opioid pathways. The clinical portfolio comprises LTG-001 for moderate-to-severe acute and postoperative pain and LTG-321 for chronic musculoskeletal pain; LTG-418 and other ion-channel modulators remain preclinical or in discovery. Development pairs internal discovery and translational tools with outsourced clinical trials and third-party manufacturing.

Operates as a single research-and-development segment, with no approved products, product revenue, or internal sales, marketing, and distribution capability. Early clinical studies occurred in New Zealand, while the commercial opportunity is initially framed around the U.S. and FDA approval. LTG-001 depends on a licensed intellectual-property agreement, and all manufacturing, storage, distribution, and quality testing are performed by third parties.

Company facts

CEONima Farzan
ListedAug 7, 2026
ExchangeNASDAQ
HeadquartersThousand Oaks, CA
CountryUnited States
Employees59
CIK0002056611
ISINUS5179541033

Key statistics

Market cap$1.46B
EPS (ttm)
P/E (ttm)
ROE
P/B
P/S
Dividend yield
Beta

Year to date +33.4% · Average volume (30d) 423.3K

Analysts

No analyst consensus on record.

Earnings

Not reported.

Financial highlights

Not reported.

Dividends

No dividends on record.

Ownership

Institutions Insiders 5.87%

Shares outstanding 60.15M · Float 15.45M · 25.7% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
James B. Tananbaum9.18M14.50%13DAug 17, 2026
RA Capital Management, L.P.5.30M8.40%13GAug 17, 2026
Deep Track Capital, LP4.45M7.03%13GAug 13, 2026
AI Biotechnology LLC3.19M5.00%13GAug 18, 2026
5AM Ventures VI, L.P. · 10 percent owner2.35M3.91%Form 4Aug 12, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 10, 2026Foresite Capital Management V, LLC10 percent owner+140,000$18.00
Aug 10, 2026James B. Tananbaumdirector, 10 percent owner: +140,000$18.00
View details

Peers

  • Vertex Pharmaceuticals

    Commercial NaV1.8 leader in non-opioid acute pain.

  • Eli Lilly

    Same-mechanism chronic-pain contender through STC-004.

  • Merck

    Developing a once-daily oral NaV1.8 inhibitor for pain.

  • AbbVie

    NaV1.7/NaV1.8 pain research and in-licensed NaV1.8 assets.

  • Xenon Pharmaceuticals

    Early clinical NaV1.7 and Kv7 alternatives for acute pain.

  • Biohaven

    Kv7 ion-channel platform with research-stage pain potential.

CompareAfter-hours close

CompanyPriceChange
Latigo Biotherapeutics$24.23−0.49%$1.46B
Vertex Pharmaceuticals$540.78−0.17%$137.48B31.527.810.9+12.5%
Eli Lilly$1,173.00−0.08%$1.10T39.428.713.9+47.7%
Merck$148.19−0.08%$366.18B118.717.25.5+5.1%
AbbVie$255.80+0.13%$451.38B72.016.87.0+10.2%
Xenon Pharmaceuticals$59.990.00%$5.80B
Biohaven$15.16−1.56%$2.32B
Median55.722.59.0+11.3%