Gain Therapeutics, Inc.
GANX · Pharmaceutical Preparations · 42.7M shares · +71%/yr ↑ dilution · EDGAR filings ↗
Grade
D40Clinical/early-stage biotech — clinical-stage biotech micro-cap, funded.
Strengths
- Liquidity — current ratio 6.6 (68th)
Risks
- Pre-revenue, deep losses — per metrics
- Pre-revenue/clinical-stage — history of losses & need for capital per risk factors
- Binary clinical & funding risk — per 10-K
Notable findings
- Chronic dilutionShare count +71%/yr over 4y (dilution, book value/share -94%)
- Notable holderHeld by 2 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC (as of 2026-03-31)
- Trial resultTrial topline data reported — see 8-K for outcome 8-K ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-108.6%
Return on assets
-88.4%
ROIC
-78.4%
Debt / equity
0.0×
Current ratio
6.6×
EBITDA
-$19M
Tangible book value
$19M
Cash & investments
$21M
Clinical trials
| Trial | Title | Phase | Status | Primary completion |
|---|---|---|---|---|
| NCT06732180 ↗ | Safety, Tolerability, Pharmacokinetics, and Pharmacodynamics of GT-02287 in Parkinson's Disease Parkinson Disease | PHASE1 | Recruiting | 2025-11-30 |
| NCT07280299 ↗ | Efficacy, Safety, Tolerability, and Biomarker Effects of GT-02287 in Early Parkinson's Disease Parkinson Disease | PHASE2 | Not Yet Recruiting | 2028-06-30 |
Source: ClinicalTrials.gov (U.S. NIH) · active studies first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-25 | 2026-06-24 | 0001104659-26-077820 ↗ |
| 8-K | 2026-05-26 | 2026-05-26 | 0001104659-26-066062 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001104659-26-058649 ↗ |
| 8-K | 2026-05-11 | 2026-05-11 | 0001104659-26-058636 ↗ |
| 10-K | 2026-03-26 | 2025-12-31 | 0001104659-26-035188 ↗ |
| 8-K | 2026-03-26 | 2026-03-26 | 0001104659-26-035174 ↗ |
| 8-K | 2026-03-18 | 2026-03-18 | 0001104659-26-029968 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0001104659-26-009747 ↗ |
| 8-K | 2025-12-18 | 2025-12-18 | 0001104659-25-122353 ↗ |
| 8-K | 2025-11-28 | 2025-11-28 | 0001104659-25-116947 ↗ |
| 8-K | 2025-11-12 | 2025-11-12 | 0001104659-25-110343 ↗ |
| 10-Q | 2025-11-12 | 2025-09-30 | 0001104659-25-110347 ↗ |