AARDNasdaq

Aardvark Therapeutics, Inc.

Healthcare·Rare Disease·Phase 3·San Diego, CA, United States
Rare DiseaseMetabolic

Aardvark Therapeutics, Inc. (AARD): 3 pipeline candidates · 2 upcoming catalysts · ~14 mo cash runway · 2 clinical trials. Updated within the last hour.

6.4/10

BioSniper Score

5-factor signal · derived from public data

Cash Runway4.0

14.4 months

Financial Health9.8

D/E 0.13 · 0% dilution

Pipeline Maturity8.5

Lead: Phase 3

Pipeline Breadth5.9

3 candidates

Catalyst Momentum4.0

2 upcoming, next in ~287d

Insider SignalN/A

N/A

A transparent, data-derived signal for Aardvark Therapeutics, Inc.across cash runway, pipeline maturity & breadth, catalyst momentum and clinical/regulatory footprint. Each factor traces to tracked public filings — not an investment recommendation.

Key Financials

Market Cap

$86.2M

Cash

$62.4M

Quarterly Burn

$18.9M

Runway

14.4 mo

Revenue

$0

Cash Runway vs Catalysts

Tracked catalysts land within the current projected cash runway.

Cash ends ~Aug 2027
Today~16 mo out
Catalyst within runway

Pipeline (3 candidates)

Upcoming Catalysts (2)

Institutional Holdings

Source: SEC Form 13F · as of Mar 2026

Institutional holders

79

Total value held

$26.3M

HolderSharesValue
citadel advisors llc1,295,677$4.9M
vanguard capital management llc1,108,202$4.2M
laurion capital management lp1,034,459$3.9M
blackrock, inc.792,571$3.0M
tetragon partners gp ltd316,621$1.2M
geode capital management, llc309,449$1.2M
adage capital partners gp, l.l.c.300,000$1.1M
state street corp199,322$751K
two sigma investments, lp163,355$616K
ubs group ag157,888$595K

Showing top 10 of 79 institutional holders of Aardvark Therapeutics, Inc.. Sign up for the full 13F holder list and quarter-by-quarter ownership history.

2 clinical trials·1 FDA decision·CEO: Dr. Tien-Li Lee M.D.

Frequently asked questions

How many drug candidates are in Aardvark Therapeutics, Inc.'s pipeline?

Aardvark Therapeutics, Inc. (AARD) has 3 pipeline candidates tracked by BioSniper across SEC filings and clinical trial registrations.

What is Aardvark Therapeutics, Inc.'s lead drug candidate?

Aardvark Therapeutics, Inc.'s most advanced tracked candidate is ARD-101 (Phase 3) for Hyperphagia.

What is Aardvark Therapeutics, Inc.'s next catalyst?

Aardvark Therapeutics, Inc.'s next tracked catalyst is a Phase3_Topline event — "Phase 3 Topline: A Phase 3, Randomized, Double-blind, Placebo-controlled Study of ARD-101 for the Treatment of Hyperp" — expected April 1, 2027.

What is Aardvark Therapeutics, Inc.'s cash runway?

Based on its most recent reported cash balance and quarterly burn rate, Aardvark Therapeutics, Inc. has approximately 14.4 months of cash runway.

What is Aardvark Therapeutics, Inc.'s market capitalization?

Aardvark Therapeutics, Inc.'s market capitalization is approximately $86.2M.

Get the full picture on Aardvark Therapeutics, Inc.

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