Fund Holdings

Velan Capital Investment Management LP

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
CIDARA THERAPEUTICS INC0108,404+108,404010,380,7679.75%+10,380,767
PROTARA THERAPEUTICS INC02,139,000+2,139,00009,304,6508.74%+9,304,650
REZOLUTE INC0750,000+750,00007,050,0006.62%+7,050,000
PRAXIS PRECISION MEDICINES I(PRAX)0132,805+132,80507,038,6656.61%+7,038,665
JASPER THERAPEUTICS INC02,668,395+2,668,39506,205,8805.83%+6,205,880
ABIVAX SA(ABVX)064,389+64,38905,466,6265.13%+5,466,626
MINERALYS THERAPEUTICS INC(MLYS)174,600175,600+1,0002,362,3386,658,7526.25%+4,296,414
ZOOZ PWR LTD02,000,000+2,000,00004,280,0004.02%+4,280,000
LANTHEUS HLDGS INC(LNTH)073,545+73,54503,772,1233.54%+3,772,123
AVALO THERAPEUTICS INC(AVTX)0263,642+263,64203,350,8903.15%+3,350,890
INSPIREMD INC904,0292,143,698+1,239,6692,052,1465,166,3124.85%+3,114,166
EUPRAXIA PHARMACEUTICALS INC0352,000+352,00002,076,8001.95%+2,076,800
RAPT THERAPEUTICS INC079,977+79,97702,062,6071.94%+2,062,607
SYNDAX PHARMACEUTICALS INC(SNDX)0130,000+130,00002,000,0501.88%+2,000,050
TREVI THERAPEUTICS INC(TRVI)0205,000+205,00001,875,7501.76%+1,875,750
UNIQURE NV(QURE)032,000+32,00001,867,8401.75%+1,867,840
EDESA BIOTECH INC0687,500+687,50001,698,1251.60%+1,698,125
CORBUS PHARMACEUTICALS HLDGS061,000+61,0000771,6500.72%+771,650
VIRIDIAN THERAPEUTICS INC(VRDN)86,50086,50001,209,2701,866,6701.75%+657,400
TENAX THERAPEUTICS INC083,333+83,3330634,1640.60%+634,164
SUTRO BIOPHARMA INC3,060,0003,120,000+60,0002,184,5342,709,4082.54%+524,874
ARROWHEAD PHARMACEUTICALS IN(ARWR)06,500+6,5000224,1850.21%+224,185
OVID THERAPEUTICS INC160,000160,000052,784208,0000.20%+155,216
PYXIS ONCOLOGY INC055,000+55,0000122,1000.11%+122,100
IMMUNOME INC(IMNM)010,000+10,0000117,1000.11%+117,100
PRECISION BIOSCIENCES INC020,000+20,0000110,4000.10%+110,400
PROQR THRAPEUTICS N V045,000+45,000095,8500.09%+95,850
GOSSAMER BIO INC75,00070,000-5,00092,250184,1000.17%+91,850
ALECTOR INC55,00055,000077,000162,8000.15%+85,800
CYTOMX THERAPEUTICS INC75,00080,000+5,000170,250255,2000.24%+84,950
DESIGN THERAPEUTICS INC20,00020,000067,400150,6000.14%+83,200
TERNS PHARMACEUTICALS INC20,00020,000074,600150,2000.14%+75,600
ERASCA INC(ERAS)65,00065,000082,550141,7000.13%+59,150
PROTAGONIST THERAPEUTICS INC3,7003,7000204,499245,7910.23%+41,292
VENTYX BIOSCIENCES INC40,00040,000085,600124,4000.12%+38,800
NURIX THERAPEUTICS INC(NRIX)10,00016,000+6,000113,900147,8400.14%+33,940
CONTEXT THERAPEUTICS INC100,000100,000065,52096,8800.09%+31,360
IMMIX BIOPHARMA INC25,00035,000+10,00051,75073,1500.07%+21,400
ACLARIS THERAPEUTICS INC32,70032,700046,43462,1300.06%+15,696
WAVE LIFE SCIENCES LTD(WVE)15,00015,000097,500109,8000.10%+12,300
PMV PHARMACEUTICALS INC35,00035,000037,10049,0000.05%+11,900
LARIMAR THERAPEUTICS INC33,00033,000095,370106,5900.10%+11,220
GERON CORP(GERN)70,00080,000+10,00098,700109,6000.10%+10,900
ELEDON PHARMACEUTICALS INC338,973346,973+8,000918,617898,6600.84%-19,957
NEXTCUREINC45,0000-45,00020,7000-20,700
PYXISONCOLOGYINC40,0000-40,00044,0000-44,000
4DMOLECULARTHERAPEUTICSIN12,0000-12,00044,5200-44,520
VYNETHERAPEUTICSINC30,0000-30,00049,5000-49,500
PROQRTHRAPEUTICSNV45,0000-45,00091,8000-91,800
TELA BIO INC747,410747,41001,449,9751,113,6411.05%-336,334
KIORAPHARMACEUTICALSINC122,2230-122,223352,0020-352,002
CORBUSPHARMACEUTICALSHLDGS59,0000-59,000407,1000-407,100
TENAXTHERAPEUTICSINC83,3330-83,333479,9980-479,998
AVALOTHERAPEUTICSINC(AVTX)154,9720-154,972773,3100-773,310
ALUMIS INC1,620,846946,683-674,1634,862,5383,777,2653.55%-1,085,273
UPSTREAMBIOINC107,0000-107,0001,174,8600-1,174,860
NEKTARTHERAPEUTICS(NKTR)(Call)50,0000-50,0001,292,0000-1,292,000
EDESABIOTECHINC687,5000-687,5001,395,6250-1,395,625
REPLIMUNE GROUP INC(REPL)183,08320,000-163,0831,700,84183,8000.08%-1,617,041
PERSPECTIVETHERAPEUTICSINC500,0000-500,0001,720,0000-1,720,000
LIQUIDIACORPORATION(LQDA)239,2600-239,2602,981,1800-2,981,180
REZOLUTEINC750,0000-750,0003,345,0000-3,345,000
HERON THERAPEUTICS INC6,986,7448,753,290+1,766,54614,462,56011,029,14510.36%-3,433,415
SCPHARMACEUTICALSINC917,6680-917,6683,496,3150-3,496,315
ARVINASINC500,0000-500,0003,680,0000-3,680,000
CIDARATHERAPEUTICSINC100,0000-100,0004,871,0000-4,871,000
TOURMALINE BIO INC393,8895,800-388,0896,298,285277,4140.26%-6,020,871
PRAXISPRECISIONMEDICINESI(PRAX)149,3340-149,3346,279,4950-6,279,495
ZEVRATHERAPEUTICSINC715,0000-715,0006,299,1500-6,299,150
PROTARATHERAPEUTICSINC2,139,0000-2,139,0006,481,1700-6,481,170
JASPERTHERAPEUTICSINC1,433,8280-1,433,8287,957,7450-7,957,745
VERONAPHARMAPLC95,0000-95,0008,985,1000-8,985,100
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