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YARW · NASDAQ · Biotechnology

Yarrow Bioscience (YARW)

Develops a TSHR-blocking antibody for Graves’ disease and thyroid eye disease.

$29.83
At close−1.15 (−3.71%)
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Yarrow Bioscience IncYARWHealth Care

Develops YB-101, a subcutaneous antibody intended to block TSHR in Graves’ disease and thyroid eye disease. The company has no product revenue and concentrates its operating work, licensed ex-China rights, and future economics on that single clinical program.

Develops YB-101, a subcutaneously administered antibody designed to block the thyroid-stimulating-hormone receptor in Graves’ disease and thyroid eye disease. The program aims to address thyroidal and extra-thyroidal manifestations through one molecule. Its own study is enrolling in the United States and Australia, while GenSci runs related studies in China.

Operates with a single licensed development asset rather than a commercial product business. Yarrow holds rights outside China, where it directs development and would commercialize an approved therapy; GenSci retains Chinese rights and provides data central to the thyroid eye disease strategy. Execution depends on clinical results, FDA and other approvals, GenSci’s license and partner work, external research and manufacturing providers, and additional funding.

Company facts

CEORebecca V. Frey
ListedJul 28, 2026
ExchangeNASDAQ
HeadquartersNew Haven, CT
CountryUnited States
Employees10
CIK0001566044
ISINUS92941V4077

Market cap$515.5K
EPS (ttm)−$23.45
P/E (ttm)−1.28
ROE-70.2%
P/B1.17
P/S1.07
Dividend yieldDiv yield1.34%
Beta0.29vs XLV 0.17

No analyst consensus on record.

Next report
Nov 5, 2026
in 63 days
EPS estimate
−$16.00
Revenue estimate
$200.0K
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.28−$0.20−$6.50−$0.17−$0.10−$32.50−$2.14Pending
Estimate−$12.50−$0.29−$11.50−$0.19−$10.00−$9.00−$11.00−$16.00
Surprise+97.8%+31.0%+43.5%+10.5%+99.0%−261.1%+80.5%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$84.0K$202.0K$69.0K$169.0K$130.0K$86.0K$97.0KPending
Estimate$150.0K$50.0K$150.0K$125.0K$175.0K$200.0K$200.0K$200.0K
Surprise−44.0%+304.0%−54.0%+35.2%−25.7%−57.0%−51.5%
Estimate−$16.00
ReportedDue Nov 5, 2026
Estimate$200.0K
ReportedDue Nov 5, 2026
View details

Debt to equity0.00%
Current ratio1,525.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$121.0K$84.0K$202.0K$69.0K$169.0K$130.0K$86.0K$97.0K
Net income−$12.2M−$12.0M−$8.6M−$5.8M−$7.3M−$4.8M−$3.6M−$3.0M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$13.1M−$12.8M−$9.2M−$7.5M−$7.8M−$5.2M−$3.8M−$3.1M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $22.9M · Total debt $0 · Total assets $23.6M · Shareholders' equity $22.1M

Revenue
$97.0K
Operating income
−$3.1M
Net income
−$3.0M
View details

Next ex-date
Jul 24, 2027
estimated · in 324 days
Annual dividend
$0.40
per share
Dividend yield
1.34%
Schedule
Annual
one payment a year

To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jul 24, 2026Jul 22$0.008
View details

2.67M company shares as of Sep 3, 2026 · holders as of their latest filing

Two share counts disagree (2.67M in the company's Sep 3, 2026 report, 17.2K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
ADAR1 Capital Management, LLCStrategic
8.80% of class, as filed13Gfiled Aug 14, 2026
AI Biotechnology LLCStrategic
6.02% of class, as filed13Dfiled Jul 29, 2026
JANUS HENDERSON GROUP Ltd.Strategic
9.99% of class, as filed13Gfiled Aug 7, 2026
Logos Global Management LPInstitution
9.90% of class, as filed13Gfiled Aug 4, 2026
Orbimed Advisors LLCInstitution
9.97% of class, as filed13Dfiled Aug 5, 2026
See all 8

13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Amgen

    Established TED franchise plus subcutaneous delivery expansion.

  • Viridian Therapeutics

    Approved TED therapy plus late-stage and same-target follow-ons.

  • Biohaven

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  • Roivant Sciences

    Registrational FcRn blocker for Graves' disease.

  • argenx (ADR)

    Registrational FcRn program in Graves' disease.

  • Novartis (ADR)

    Phase 2 anti-IL-6 program in thyroid eye disease.

Compare

CompanyPriceChange
Yarrow Bioscience$29.83−3.71%$515.5K1.1+40.6%
Amgen$443.00+0.04%$239.00B27.518.96.3+9.7%
Viridian Therapeutics$22.51−1.18%$2.58B36.3+278.7%
Biohaven$15.69−0.13%$2.36B
Roivant Sciences$34.21−0.90%$24.69B3,278.3−33.6%
argenx (ADR)$1,055.50+2.62%$65.63B38.512.5
Novartis (ADR)$162.45+0.01%$308.79B24.517.35.6+0.9%
Median27.518.112.5+5.3%