13F HOLDINGS REPORT
Ikarian Capital, LLC
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001420506-25-002181
Total Value
$520.6M
Positions
133
Other Managers
0
Confidential Omitted
No
Holdings (133)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | CIDARA THERAPEUTICS INC | 171757206 | 501,600 | $24.4M | 4.69% |
| 2 | CIDARA THERAPEUTICS INC | 171757206 | 464,488 | $22.6M | 4.35% |
| 3 | ULTRAGENYX PHARMACEUTICAL IN | RARE | 563,100 | $20.5M | 3.93% |
| 4 | ALNYLAM PHARMACEUTICALS INC | ALNY | 56,594 | $18.5M | 3.54% |
| 5 | SOLENO THERAPEUTICS INC | SLNO | 200,000 | $16.8M | 3.22% |
| 6 | SOLENO THERAPEUTICS INC | SLNO | 200,000 | $16.8M | 3.22% |
| 7 | INSMED INC | INSM | 163,751 | $16.5M | 3.17% |
| 8 | CIDARA THERAPEUTICS INC | 171757206 | 321,000 | $15.6M | 3.00% |
| 9 | VERONA PHARMA PLC | 925050106 | 146,831 | $13.9M | 2.67% |
| 10 | CAPRICOR THERAPEUTICS INC | CAPR | 1,360,200 | $13.5M | 2.59% |
| 11 | CRINETICS PHARMACEUTICALS IN | CRNX | 433,431 | $12.5M | 2.39% |
| 12 | AKERO THERAPEUTICS INC | 00973Y108 | 220,000 | $11.7M | 2.25% |
| 13 | PRAXIS PRECISION MEDICINES I | PRAX | 276,950 | $11.6M | 2.24% |
| 14 | UNIQURE NV | QURE | 800,000 | $11.2M | 2.14% |
| 15 | ULTRAGENYX PHARMACEUTICAL IN | RARE | 300,000 | $10.9M | 2.10% |
| 16 | PRAXIS PRECISION MEDICINES I | PRAX | 242,400 | $10.2M | 1.96% |
| 17 | APOGEE THERAPEUTICS INC | APGE | 232,047 | $10.1M | 1.94% |
| 18 | VAXCYTE INC | PCVX | 305,000 | $9.9M | 1.90% |
| 19 | VIKING THERAPEUTICS INC | VKTX | 350,000 | $9.3M | 1.78% |
| 20 | MOONLAKE IMMUNOTHERAPEUTICS | MLTX | 194,500 | $9.2M | 1.76% |
| 21 | ALPHA COGNITION INC | ACOG | 917,867 | $8.6M | 1.64% |
| 22 | TARSUS PHARMACEUTICALS INC | TARS | 196,536 | $8.0M | 1.53% |
| 23 | CYTOKINETICS INC | CYTK | 233,464 | $7.7M | 1.48% |
| 24 | SAREPTA THERAPEUTICS INC | SRPT | 449,087 | $7.7M | 1.48% |
| 25 | TG THERAPEUTICS INC | TGTX | 209,938 | $7.6M | 1.45% |
| 26 | COGENT BIOSCIENCES INC | COGT | 1,035,528 | $7.4M | 1.43% |
| 27 | CAPRICOR THERAPEUTICS INC | CAPR | 700,000 | $7.0M | 1.34% |
| 28 | VIRIDIAN THERAPEUTICS INC | VRDN | 469,949 | $6.6M | 1.26% |
| 29 | ARVINAS INC | ARVN | 850,000 | $6.3M | 1.20% |
| 30 | FORTE BIOSCIENCES INC | FBRX | 476,443 | $6.2M | 1.18% |
| 31 | SAREPTA THERAPEUTICS INC | SRPT | 332,100 | $5.7M | 1.09% |
| 32 | VIR BIOTECHNOLOGY INC | VIR | 1,068,062 | $5.4M | 1.03% |
| 33 | CYTOKINETICS INC | CYTK | 150,000 | $5.0M | 0.95% |
| 34 | CATALYST PHARMACEUTICALS INC | CPRX | 209,649 | $4.5M | 0.87% |
| 35 | KALVISTA PHARMACEUTICALS INC | KALV | 400,000 | $4.5M | 0.87% |
| 36 | MOONLAKE IMMUNOTHERAPEUTICS | MLTX | 94,500 | $4.5M | 0.86% |
| 37 | DELCATH SYS INC | DCTH | 322,390 | $4.4M | 0.84% |
| 38 | JAZZ PHARMACEUTICALS PLC | JAZZ | 40,000 | $4.2M | 0.82% |
| 39 | BIOHAVEN LTD | BHVN | 300,000 | $4.2M | 0.81% |
| 40 | CG ONCOLOGY INC | CGON | 155,000 | $4.0M | 0.77% |
| 41 | NEURONETICS INC | STIM | 1,099,700 | $3.8M | 0.74% |
| 42 | STRUCTURE THERAPEUTICS INC | GPCR | 183,085 | $3.8M | 0.73% |
| 43 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 206,800 | $3.7M | 0.72% |
| 44 | FULCRUM THERAPEUTICS INC | FULC | 534,000 | $3.7M | 0.71% |
| 45 | VERA THERAPEUTICS INC | VERA | 153,200 | $3.6M | 0.69% |
| 46 | SCHOLAR ROCK HLDG CORP | SRRK | 100,000 | $3.5M | 0.68% |
| 47 | DYNE THERAPEUTICS INC | DYN | 363,837 | $3.5M | 0.67% |
| 48 | APOGEE THERAPEUTICS INC | APGE | 79,100 | $3.4M | 0.66% |
| 49 | TEVA PHARMACEUTICAL INDS LTD | 881624209 | 200,000 | $3.4M | 0.64% |
| 50 | TECTONIC THERAPEUTIC INC | TECX | 163,696 | $3.3M | 0.62% |
| 51 | MAZE THERAPEUTICS INC | MAZE | 262,740 | $3.2M | 0.62% |
| 52 | ALTIMMUNE INC | ALT | 827,500 | $3.2M | 0.62% |
| 53 | JANUX THERAPEUTICS INC | JANX | 129,691 | $3.0M | 0.58% |
| 54 | FULCRUM THERAPEUTICS INC | FULC | 428,521 | $2.9M | 0.57% |
| 55 | ELEDON PHARMACEUTICALS INC | ELDN | 1,000,221 | $2.7M | 0.52% |
| 56 | BIOGEN INC | BIIB | 21,516 | $2.7M | 0.52% |
| 57 | VIKING THERAPEUTICS INC | VKTX | 100,000 | $2.7M | 0.51% |
| 58 | CENTESSA PHARMACEUTICALS PLC | CNTA | 200,000 | $2.6M | 0.50% |
| 59 | RELAY THERAPEUTICS INC | RLAY | 743,308 | $2.6M | 0.49% |
| 60 | AKERO THERAPEUTICS INC | 00973Y108 | 44,400 | $2.4M | 0.46% |
| 61 | ARCTURUS THERAPEUTICS HLDGS | ARCT | 175,000 | $2.3M | 0.44% |
| 62 | GERON CORP | GERN | 1,600,000 | $2.3M | 0.43% |
| 63 | KALVISTA PHARMACEUTICALS INC | KALV | 198,528 | $2.2M | 0.43% |
| 64 | KODIAK SCIENCES INC | KOD | 599,534 | $2.2M | 0.43% |
| 65 | LEXEO THERAPEUTICS INC | LXEO | 550,029 | $2.2M | 0.42% |
| 66 | METSERA INC | 59267L107 | 77,316 | $2.2M | 0.42% |
| 67 | VENTYX BIOSCIENCES INC | 92332V107 | 967,590 | $2.1M | 0.40% |
| 68 | CUMBERLAND PHARMACEUTICALS I | CPIX | 595,932 | $2.0M | 0.38% |
| 69 | COGENT BIOSCIENCES INC | COGT | 262,600 | $1.9M | 0.36% |
| 70 | PROQR THRAPEUTICS N V | N71542109 | 868,069 | $1.8M | 0.34% |
| 71 | SCHOLAR ROCK HLDG CORP | SRRK | 49,179 | $1.7M | 0.33% |
| 72 | BRIGHT MINDS BIOSCIENCES INC | DRUG | 65,431 | $1.7M | 0.33% |
| 73 | UNIQURE NV | QURE | 119,986 | $1.7M | 0.32% |
| 74 | SILENCE THERAPEUTICS PLC | SLNCF | 873,568 | $1.4M | 0.27% |
| 75 | ARCUS BIOSCIENCES INC | RCUS | 163,363 | $1.3M | 0.26% |
| 76 | APELLIS PHARMACEUTICALS INC | APLS | 75,000 | $1.3M | 0.25% |
| 77 | ALECTOR INC | ALEC | 900,000 | $1.3M | 0.24% |
| 78 | NUVATION BIO INC | NUVB | 619,258 | $1.2M | 0.23% |
| 79 | VISTAGEN THERAPEUTICS INC | VTGN | 601,703 | $1.2M | 0.23% |
| 80 | CYBIN INC | HELP | 140,475 | $1.2M | 0.23% |
| 81 | TOURMALINE BIO INC | 89157D105 | 67,927 | $1.1M | 0.21% |
| 82 | WAVE LIFE SCIENCES LTD | WVE | 161,137 | $1.0M | 0.20% |
| 83 | VERU INC | VERU | 1,425,239 | $829,204 | 0.16% |
| 84 | ORUKA THERAPEUTICS INC | ORKA | 68,574 | $768,715 | 0.15% |
| 85 | ISHARES TR | 464287556 | 5,755 | $728,065 | 0.14% |
| 86 | SANGAMO THERAPEUTICS INC | SGMO | 1,260,179 | $682,134 | 0.13% |
| 87 | IMMUNIC INC | IMUX | 914,170 | $637,633 | 0.12% |
| 88 | PROTHENA CORP PLC | PRTA | 100,000 | $607,000 | 0.12% |
| 89 | INHIBRX BIOSCIENCES INC | INBX | 42,122 | $601,081 | 0.12% |
| 90 | INFLARX NV | IFRX | 705,010 | $556,958 | 0.11% |
| 91 | KEZAR LIFE SCIENCES INC | KZR | 106,901 | $489,607 | 0.09% |
| 92 | VYNE THERAPEUTICS INC | VYNE | 290,000 | $478,501 | 0.09% |
| 93 | IBIO INC | IBIO | 599,913 | $457,794 | 0.09% |
| 94 | KYMERA THERAPEUTICS INC | KYMR | 10,000 | $436,400 | 0.08% |
| 95 | MIND MEDICINE MINDMED INC | 60255C885 | 62,691 | $406,864 | 0.08% |
| 96 | BIOMX INC | PHGE | 892,976 | $401,839 | 0.08% |
| 97 | LYELL IMMUNOPHARMA INC | LYEL | 43,799 | $387,183 | 0.07% |
| 98 | NYXOAH S A | NYXH | 50,627 | $378,691 | 0.07% |
| 99 | APOGEE THERAPEUTICS INC | APGE | 8,400 | $364,812 | 0.07% |
| 100 | ANAPTYSBIO INC | ANABV | 15,662 | $347,696 | 0.07% |
| 101 | VERA THERAPEUTICS INC | VERA | 14,096 | $332,102 | 0.06% |
| 102 | ZYMEWORKS INC | ZYME | 25,000 | $313,751 | 0.06% |
| 103 | ACUMEN PHARMACEUTICALS INC | ABOS | 265,769 | $308,292 | 0.06% |
| 104 | IMMATICS N.V | IMTX | 49,396 | $265,750 | 0.05% |
| 105 | VIGIL NEUROSCIENCE INC | 92673K108 | 31,360 | $249,311 | 0.05% |
| 106 | CHEMOMAB THERAPEUTICS LTD | CMMB | 213,052 | $247,141 | 0.05% |
| 107 | ALTO NEUROSCIENCE INC | ANRO | 110,000 | $242,001 | 0.05% |
| 108 | CARTESIAN THERAPEUTICS INC | RNAC | 22,166 | $230,304 | 0.04% |
| 109 | ANEBULO PHARMACEUTICALS INC | ANEB | 157,720 | $227,117 | 0.04% |
| 110 | VAXCYTE INC | PCVX | 6,900 | $224,319 | 0.04% |
| 111 | TERNS PHARMACEUTICALS INC | TERN | 58,491 | $218,172 | 0.04% |
| 112 | EVAXION AS | 29970R303 | 80,000 | $196,000 | 0.04% |
| 113 | SENSEI BIOTHERAPEUTICS INC | SNSE | 22,497 | $193,025 | 0.04% |
| 114 | LYRA THERAPEUTICS INC | LYRA | 21,161 | $189,603 | 0.04% |
| 115 | AETHLON MED INC | AEMD | 153,659 | $184,391 | 0.04% |
| 116 | AVALO THERAPEUTICS INC | AVTX | 35,300 | $176,147 | 0.03% |
| 117 | VOYAGER THERAPEUTICS INC | VYGR | 55,766 | $173,433 | 0.03% |
| 118 | LEXICON PHARMACEUTICALS INC | LXRX | 176,479 | $166,897 | 0.03% |
| 119 | PEPGEN INC | PEPG | 150,000 | $166,500 | 0.03% |
| 120 | JASPER THERAPEUTICS INC | JSPRW | 25,107 | $139,344 | 0.03% |
| 121 | KARYOPHARM THERAPEUTICS INC | KPTI | 27,257 | $117,478 | 0.02% |
| 122 | MACROGENICS INC | MGNX | 80,071 | $96,886 | 0.02% |
| 123 | SAGIMET BIOSCIENCES INC | SGMT | 11,984 | $91,318 | 0.02% |
| 124 | AIRSCULPT TECHNOLOGIES INC | AIRS | 17,951 | $86,703 | 0.02% |
| 125 | SPRUCE BIOSCIENCES INC | SPRB | 1,000,000 | $72,501 | 0.01% |
| 126 | ALPHA TEKNOVA INC | TKNO | 14,008 | $68,779 | 0.01% |
| 127 | HOOKIPA PHARMA INC | HOOK | 52,996 | $66,510 | 0.01% |
| 128 | THERIVA BIOLOGICS INC | TOVX | 120,031 | $52,070 | 0.01% |
| 129 | TRAWS PHARMA INC | TRAW | 28,493 | $42,170 | 0.01% |
| 130 | AUTONOMIX MED INC | AMIX | 20,000 | $31,401 | 0.01% |
| 131 | SYNLOGIC INC | SYBX | 20,422 | $25,936 | 0.00% |
| 132 | RELMADA THERAPEUTICS INC | RLMD | 40,270 | $24,174 | 0.00% |
| 133 | NEUMORA THERAPEUTICS INC. | NMRA | 12,498 | $9,164 | 0.00% |