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Smart Investors Daily
NM

NASDAQ · NMTR

9 Meters Biopharma, Inc.

Healthcare · Biotechnology

$0.07

Down-$0.05 (-42.97%)

Updated Aug 15, 2026, 12:11 AM

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Market cap
1.04M
P/E ratio
Dividend yield
0.00%
52-week range
— – —
Volume
4.59M
Avg. volume
672.46K

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Overview

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Company profile

9 Meters Biopharma, Inc., a clinical-stage biopharmaceutical company, focuses on treatments for people with rare digestive diseases, gastrointestinal conditions with unmet needs, and debilitating disorders. The company is developing Larazotide, an 8-amino acid peptide, which is in Phase 3 clinical trial for the treatment of celiac disease, as well as in Phase IIa clinical trial for treatment of multi-system inflammatory syndrome; and Vurolenatide, a long-acting injectable glucagon-like-peptide-1 that is in Phase 2 clinical trial to treat short bowel syndrome. It also develops NM-102, a small molecule peptide; NM-003, a proprietary long-acting glucagon-like peptide-2 receptor agonist for prevention of acute graft versus host disease; NM-136, a humanized monoclonal antibody for targeted obesity disorders; and NM-004, a double-cleaved mesalamine with an immunomodulator for rare and/or orphan indications. The company is based in Raleigh, North Carolina.

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Analyst outlook

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Consensus
Average target
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Analysts
NMTR recent ratings
DateFirmRatingTarget
May 18, 2023CitigroupNeutral
Mar 20, 2023Truist SecuritiesHold
Feb 13, 2023CitigroupNeutral
Nov 10, 2022BMO CapitalOutperform
Sep 27, 2022OppenheimerOutperform
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Benzinga · Oct 26, 2021

The Daily Biotech Pulse: Moderna Gains On Vaccine News, Novartis Reports Q3 Beat, Adcom Reviews Authorization Of Pfizer-BioNTech's Vaccine For Children

Here's a roundup of top developments in the biotech space over the last 24 hours: Stocks In Focus Anaptys Sells Royalties Due On Cancer Drug Jemperli To Sagard For $250M AnaptysBio, Inc. (NASDAQ: ANAB) announced the signing of an agreement with Sagard Healthcare Royalty Partners to monetize a portion of its future Jemperli royalties and milestones. AnaptysBio said it intends to utilize the proceeds of the transaction towards funding of its wholly owned preclinical and clinical-stage antibody programs. Sagard will pay AnaptysBio $250 million upfront in exchange for royalties payable to AnaptysBio under its GlaxoSmithKline plc (NYSE: GSK) collaboration on annual global net sales of Jemperli below $1 billion starting October 2021. The royalty rate applicable below the $1-billion annual net sales threshold is 8%. Sagard may also receive up to a total of $105 million in potential cash milestones, of which $15 million are subject to certain future Jemperli regulatory filing and approval milestones and up to $90 million are subject to certain commercial sales milestones due prior to Jemperli achieving the $1 billion in annual global net sales threshold. The stock was advancing 3.28% to $29.95 in premarket trading. Moderna's Booster Dose Gets EMA Committee's Backing, Biopharma Strikes Deal To Supply 110M Doses To Africa Moderna, Inc. (NASDAQ: MRNA) said the European Medicines Agency's Committee for Medicinal Products for Human Use has concluded that a booster dose of Spikevax, Moderna's vaccine against COVID-19, at the 50 µg dose level may be considered in people aged 18 years and older at least six months after completion of the primary series. Moderna's booster shot is already authorized in the U.S. Separately, the company announced a new memorandum of understanding to make up to 110 million doses of the Moderna COVID-19 vaccine available to the African Union. The company said it is prepared to deliver the first 15 million doses in the fourth quarter of 2021, 35 million doses in the first quarter of 2022 and up to 60 million doses in second ...

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