Fund Holdings

Stonepine Capital Management, LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
VERASTEM INC1,360,3862,670,032+1,309,6465,645,60223,576,38319.17%+17,930,781
X4 PHARMACEUTICALS INC01,056,338+1,056,33803,612,6762.94%+3,612,676
NEKTAR THERAPEUTICS(NKTR)50,20085,000+34,8001,297,1684,836,5003.93%+3,539,332
OMNIAB INC02,142,857+2,142,85703,428,5712.79%+3,428,571
ABEONA THERAPEUTICS INC45,000450,970+405,970255,6002,381,1221.94%+2,125,522
EDESA BIOTECH INC0687,500+687,50001,698,1251.38%+1,698,125
DAY ONE BIOPHARMACEUTICALS I450,000647,382+197,3822,925,0004,564,0433.71%+1,639,043
SOLENO THERAPEUTICS INC024,000+24,00001,622,4001.32%+1,622,400
PMV PHARMACEUTICALS INC845,9681,370,139+524,171896,7261,918,1951.56%+1,021,469
EVOLUS INC916,5001,536,391+619,8918,440,9659,433,4417.67%+992,476
ZEVRA THERAPEUTICS INC775,620810,000+34,3806,833,2127,703,1006.26%+869,888
MANNKIND CORP(MNKD)0157,569+157,5690846,1460.69%+846,146
GERON CORP(GERN)1,000,0001,600,000+600,0001,410,0002,192,0001.78%+782,000
DYNAVAX TECHNOLOGIES CORP30,000108,094+78,094297,6001,073,3730.87%+775,773
MAXCYTE INC0459,018+459,0180725,2480.59%+725,248
KEZAR LIFE SCIENCES INC169,859383,182+213,323777,9541,494,4101.21%+716,456
PULMONX CORP145,900670,000+524,100377,8811,085,4000.88%+707,519
XOMA ROYALTY CORPORATION152,143115,459-36,6843,834,0044,449,7903.62%+615,786
ULTRAGENYX PHARMACEUTICAL IN(RARE)020,000+20,0000601,6000.49%+601,600
AQUESTIVE THERAPEUTICS INC0100,600+100,6000562,3540.46%+562,354
ZENTALIS PHARMACEUTICALS INC109,010453,800+344,790126,452685,2380.56%+558,786
GOSSAMER BIO INC0204,770+204,7700538,5450.44%+538,545
SURROZEN INC306,029250,146-55,8832,735,8993,223,1312.62%+487,232
BIOAGE LABS INC(BIOA)151,085188,571+37,486623,9811,108,7970.90%+484,816
PLIANT THERAPEUTICS INC0289,237+289,2370428,0710.35%+428,071
BOUNDLESS BIO INC106,175413,453+307,278107,237508,5470.41%+401,310
CYTOMX THERAPEUTICS INC0125,000+125,0000398,7500.32%+398,750
HELIUS MED TECHNOLOGIES INC020,000+20,0000297,8000.24%+297,800
VIR BIOTECHNOLOGY INC(VIR)130,000160,000+30,000655,200913,6000.74%+258,400
CODEXIS INC088,264+88,2640215,3640.18%+215,364
ABIVAX SA(ABVX)02,500+2,5000212,2500.17%+212,250
PROCESSA PHARMACEUTICALS INC01,030,200+1,030,2000197,6950.16%+197,695
IN8BIO INC82,430159,421+76,991172,279345,9440.28%+173,665
ALUMIS INC349,615300,000-49,6151,048,8451,197,0000.97%+148,155
AN2 THERAPEUTICS INC544,494563,913+19,419577,164716,1700.58%+139,006
ESTABLISHMENT LABS HLDGS INC(ESTA)7,00010,585+3,585298,970433,8790.35%+134,909
LARIMAR THERAPEUTICS INC025,000+25,000080,7500.07%+80,750
CHEMOMAB THERAPEUTICS LTD030,000+30,000078,9000.06%+78,900
WHITEHAWK THERAPEUTICS INC035,253+35,253066,9810.05%+66,981
HEALTH CATALYST INC100,000155,551+55,551377,000443,3200.36%+66,320
JASPER THERAPEUTICS INC020,200+20,200048,0760.04%+48,076
SAVARA INC(SVRA)85,00060,000-25,000193,800214,2000.17%+20,400
COHERUS BIOSCIENCES INC62,7000-62,70045,8530-45,853
AYTU BIOPHARMA INC812,676891,855+79,1791,771,6341,676,6871.36%-94,947
ANGIODYNAMICS INC77,14160,000-17,141765,239670,2000.54%-95,039
KIORA PHARMACEUTICALS INC178,000140,598-37,402512,640390,8620.32%-121,778
MONTE ROSA THERAPEUTICS INC(GLUE)30,0000-30,000135,3000-135,300
CALCIMEDICA INC85,0000-85,000136,0000-136,000
CLIMB BIO INC116,1470-116,147144,0220-144,022
KURA ONCOLOGY INC(KURA)25,0000-25,000144,2500-144,250
NUVATION BIO INC(NUVB)85,3000-85,300166,3350-166,335
VANDA PHARMACEUTICALS INC250,000195,000-55,0001,180,000973,0500.79%-206,950
INHIBIKASE THERAPEUTICS INC733,793735,019+1,2261,430,8961,190,7310.97%-240,165
GRACE THERAPEUTICS INC292,500211,010-81,490868,725628,1770.51%-240,548
HERON THERAPEUTICS INC657,380850,100+192,7201,360,7771,071,1260.87%-289,651
SYNDAX PHARMACEUTICALS INC(SNDX)92,90037,200-55,700870,009572,3220.47%-297,687
ACLARIS THERAPEUTICS INC491,300192,900-298,400697,646366,5100.30%-331,136
VERASTEM INC(Call)100,0000-100,000415,0000-415,000
THERATECHNOLOGIES INC189,0510-189,051446,1600-446,160
HILLEVAX INC226,0090-226,009449,7580-449,758
SPERO THERAPEUTICS INC156,8880-156,888454,9750-454,975
REZOLUTE INC219,00040,000-179,000976,740376,0000.31%-600,740
LIQUIDIA CORPORATION(LQDA)50,0000-50,000623,0000-623,000
ACHIEVE LIFE SCIENCES INC333,3330-333,333753,3330-753,333
TELA BIO INC2,083,7622,155,519+71,7574,042,4983,211,7232.61%-830,775
ENANTA PHARMACEUTICALS INC604,066305,000-299,0664,566,7393,650,8502.97%-915,889
XERIS BIOPHARMA HOLDINGS INC205,1000-205,100957,8170-957,817
MYOMO INC457,4190-457,419988,0250-988,025
ARDELYX INC555,000200,000-355,0002,175,6001,102,0000.90%-1,073,600
ACADIA PHARMACEUTICALS INC225,000174,544-50,4564,853,2503,724,7693.03%-1,128,481
KALVISTA PHARMACEUTICALS INC100,0000-100,0001,130,5000-1,130,500
COLLEGIUM PHARMACEUTICAL INC(COLL)41,5000-41,5001,227,1550-1,227,155
Y-MABS THERAPEUTICS INC285,3000-285,3001,286,7030-1,286,703
ANIKA THERAPEUTICS INC190,5900-190,5902,016,4420-2,016,442
ANI PHARMACEUTICALS INC(ANIP)38,5970-38,5972,518,4540-2,518,454
INDIVIOR PLC350,000100,000-250,0005,159,0002,411,0001.96%-2,748,000
ADMA BIOLOGICS INC750,000739,000-11,00013,657,50010,833,7408.81%-2,823,760
ITEOS THERAPEUTICS INC310,0330-310,0333,091,0290-3,091,029
Page 1 of 1