13F HOLDINGS REPORT
Stonepine Capital Management, LLC
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0000935836-25-000497
Total Value
$101.9M
Positions
59
Other Managers
0
Confidential Omitted
No
Holdings (59)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ADMA BIOLOGICS INC | ADMA | 750,000 | $13.7M | 13.40% |
| 2 | EVOLUS INC | EOLS | 916,500 | $8.4M | 8.28% |
| 3 | ZEVRA THERAPEUTICS INC | ZVRA | 775,620 | $6.8M | 6.70% |
| 4 | VERASTEM INC | VSTM | 1,360,386 | $5.6M | 5.54% |
| 5 | INDIVIOR PLC | INDV | 350,000 | $5.2M | 5.06% |
| 6 | ACADIA PHARMACEUTICALS INC | ACAD | 225,000 | $4.9M | 4.76% |
| 7 | ENANTA PHARMACEUTICALS INC | ENTA | 604,066 | $4.6M | 4.48% |
| 8 | TELA BIO INC | TELA | 2,083,762 | $4.0M | 3.97% |
| 9 | XOMA ROYALTY CORPORATION | XOMAP | 152,143 | $3.8M | 3.76% |
| 10 | ITEOS THERAPEUTICS INC | 46565G104 | 310,033 | $3.1M | 3.03% |
| 11 | DAY ONE BIOPHARMACEUTICALS I | DAWN | 450,000 | $2.9M | 2.87% |
| 12 | SURROZEN INC | SRZNW | 306,029 | $2.7M | 2.68% |
| 13 | ANI PHARMACEUTICALS INC | ANIP | 38,597 | $2.5M | 2.47% |
| 14 | ARDELYX INC | ARDX | 555,000 | $2.2M | 2.13% |
| 15 | ANIKA THERAPEUTICS INC | ANIK | 190,590 | $2.0M | 1.98% |
| 16 | AYTU BIOPHARMA INC | AYTU | 812,676 | $1.8M | 1.74% |
| 17 | INHIBIKASE THERAPEUTICS INC | IKT | 733,793 | $1.4M | 1.40% |
| 18 | GERON CORP | GERN | 1,000,000 | $1.4M | 1.38% |
| 19 | HERON THERAPEUTICS INC | HRTX | 657,380 | $1.4M | 1.34% |
| 20 | NEKTAR THERAPEUTICS | NKTR | 50,200 | $1.3M | 1.27% |
| 21 | Y-MABS THERAPEUTICS INC | 984241109 | 285,300 | $1.3M | 1.26% |
| 22 | COLLEGIUM PHARMACEUTICAL INC | COLL | 41,500 | $1.2M | 1.20% |
| 23 | VANDA PHARMACEUTICALS INC | VNDA | 250,000 | $1.2M | 1.16% |
| 24 | KALVISTA PHARMACEUTICALS INC | KALV | 100,000 | $1.1M | 1.11% |
| 25 | ALUMIS INC | ALMS | 349,615 | $1.0M | 1.03% |
| 26 | MYOMO INC | MYO | 457,419 | $988,025 | 0.97% |
| 27 | REZOLUTE INC | RZLT | 219,000 | $976,740 | 0.96% |
| 28 | XERIS BIOPHARMA HOLDINGS INC | XERS | 205,100 | $957,817 | 0.94% |
| 29 | PMV PHARMACEUTICALS INC | PMVP | 845,968 | $896,726 | 0.88% |
| 30 | SYNDAX PHARMACEUTICALS INC | SNDX | 92,900 | $870,009 | 0.85% |
| 31 | GRACE THERAPEUTICS INC | GRCE | 292,500 | $868,725 | 0.85% |
| 32 | KEZAR LIFE SCIENCES INC | KZR | 169,859 | $777,954 | 0.76% |
| 33 | ANGIODYNAMICS INC | ANGO | 77,141 | $765,239 | 0.75% |
| 34 | ACHIEVE LIFE SCIENCES INC | ACHV | 333,333 | $753,333 | 0.74% |
| 35 | ACLARIS THERAPEUTICS INC | ACRS | 491,300 | $697,646 | 0.68% |
| 36 | VIR BIOTECHNOLOGY INC | VIR | 130,000 | $655,200 | 0.64% |
| 37 | BIOAGE LABS INC | BIOA | 151,085 | $623,981 | 0.61% |
| 38 | LIQUIDIA CORPORATION | LQDA | 50,000 | $623,000 | 0.61% |
| 39 | AN2 THERAPEUTICS INC | ANTX | 544,494 | $577,164 | 0.57% |
| 40 | KIORA PHARMACEUTICALS INC | KPHMW | 178,000 | $512,640 | 0.50% |
| 41 | SPERO THERAPEUTICS INC | SPRO | 156,888 | $454,975 | 0.45% |
| 42 | HILLEVAX INC | 43157M102 | 226,009 | $449,758 | 0.44% |
| 43 | THERATECHNOLOGIES INC | 88338H704 | 189,051 | $446,160 | 0.44% |
| 44 | VERASTEM INC | VSTM | 100,000 | $415,000 | 0.41% |
| 45 | PULMONX CORP | LUNG | 145,900 | $377,881 | 0.37% |
| 46 | HEALTH CATALYST INC | HCAT | 100,000 | $377,000 | 0.37% |
| 47 | ESTABLISHMENT LABS HLDGS INC | ESTA | 7,000 | $298,970 | 0.29% |
| 48 | DYNAVAX TECHNOLOGIES CORP | 268158201 | 30,000 | $297,600 | 0.29% |
| 49 | ABEONA THERAPEUTICS INC | ABEO | 45,000 | $255,600 | 0.25% |
| 50 | SAVARA INC | SVRA | 85,000 | $193,800 | 0.19% |
| 51 | IN8BIO INC | INAB | 82,430 | $172,279 | 0.17% |
| 52 | NUVATION BIO INC | NUVB | 85,300 | $166,335 | 0.16% |
| 53 | KURA ONCOLOGY INC | KURA | 25,000 | $144,250 | 0.14% |
| 54 | CLIMB BIO INC | CLYM | 116,147 | $144,022 | 0.14% |
| 55 | CALCIMEDICA INC | CALC | 85,000 | $136,000 | 0.13% |
| 56 | MONTE ROSA THERAPEUTICS INC | GLUE | 30,000 | $135,300 | 0.13% |
| 57 | ZENTALIS PHARMACEUTICALS LLC | ZNTL | 109,010 | $126,452 | 0.12% |
| 58 | BOUNDLESS BIO INC | BOLD | 106,175 | $107,237 | 0.11% |
| 59 | COHERUS BIOSCIENCES INC | CHRS | 62,700 | $45,853 | 0.04% |