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Companies / Healthcare / Altimmune, Inc.
ALT

Altimmune, Inc.

HealthcarePharmaceutical Preparations
Ticker ALTGAITHERSBURG, MDFiscal year ends DecemberBook value per share $3.06Diluted shares 155.1M

Altimmune, Inc. (Nasdaq: ALT) is a late clinical-stage biopharmaceutical company focused on developing novel therapies for serious liver diseases. The company's website is www.altimmune.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.04M
+105.0% year over year
-230460.98%
+285399 percentage points
$-88.09M
+7.3% year over year
Last 12 mo $-91.76M
-39.17%
+37.8 percentage points
Last 12 mo -19.35%
Cash & financing
$-67.53M
+15.4% year over year
Last 12 mo $-76.51M
$-67.55M
+15.4% year over year
Last 12 mo $-76.56M
0.15
Last 12 mo 0.07
88.1M
+24.1% year over year
Last 12 mo 155.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Altimmune, Inc. does

In the company’s own words

Altimmune, Inc. (Nasdaq: ALT) is a late clinical-stage biopharmaceutical company focused on developing novel therapies for serious liver diseases. The company's website is www.altimmune.com.

The company's lead product candidate is pemvidutide, a balanced 1:1 glucagon/GLP-1 dual receptor agonist in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH), alcohol use disorder (AUD), and alcohol-associated liver disease (ALD). Pemvidutide was acquired through the company's acquisition of Spitfire Pharma Inc. in July 2019 and represents the core focus of Altimmune's development pipeline.

Pemvidutide operates through a differentiated mechanism of action that activates both glucagon and GLP-1 receptors with balanced potency. The glucagon component produces direct hepatic effects including reductions in liver fat, inflammation, and fibrosis, while GLP-1 activation mediates appetite suppression, reduction of cravings, and metabolic effects such as weight loss. As of December 31, 2025, over 700 patients have been exposed to pemvidutide across completed and ongoing clinical studies.

The company has advanced pemvidutide through multiple clinical trials demonstrating clinical efficacy and favorable safety profiles. The IMPACT Phase 2b trial in MASH patients showed statistically significant MASH resolution and anti-fibrotic activity at both 24 and 48 weeks. Pemvidutide has received Breakthrough Therapy Designation and Fast Track designation from the FDA for MASH treatment, and Fast Track designation for AUD treatment. The company is preparing to initiate a pivotal Phase 3 clinical trial in MASH in 2026, with ongoing Phase 2 trials in AUD and ALD.

Pemvidutide is protected by a robust patent portfolio covering composition, formulation, and methods of use, with patent expiration dates extending into the 2040s when expected patent term extensions are included. The company also holds exclusive licensing rights to certain intellectual property from Mederis Diabetes, LLC for surfactant functionalized incretin-based peptide therapeutics and has entered into a collaboration agreement with Adocia S.A. for oral administration of pemvidutide.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
GAITHERSBURG, MD
Fiscal year end
December
CIK
1326190
SIC
2834

Financial performance, year by year

Fiscal 2013–2025 · USD
$-126.19M$-38.90M$48.38M$135.67M$222.95M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Altimmune, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

134
funds hold it
0 of 35
superinvestors hold it
$131.19M
held by funds, at market
22.7%
of shares held by funds

Largest fund holders · Altimmune, Inc.’s weight in each

0.23%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
VANGUARD STRATEGIC EQUITY FUND
VSEQX · VANGUARD HORIZON FUNDS
0.06%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

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