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Companies / Healthcare / Contineum Therapeutics, Inc.
CTNM

Contineum Therapeutics, Inc.

HealthcarePharmaceutical Preparations
Ticker CTNMSAN DIEGO, CAFiscal year ends DecemberBook value per share $6.41Diluted shares 37.4M

Contineum Therapeutics, Inc. (Nasdaq Global Select Market: PIPE) is a clinical-stage biopharmaceutical company focused on developing differentiated therapies for neuroscience, inflammation and immunology indications with significant unmet medical need. The company pioneers a clinical translational approach targeting… 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
—
0.00%
$-59.98M
−41.9% year over year
Last 12 mo $-57.56M
-22.98%
−1.6 percentage points
Last 12 mo -24.02%
Cash & financing
$-55.31M
−68.4% year over year
Last 12 mo $-53.01M
$-55.54M
−66.5% year over year
Last 12 mo $-53.46M
—
27.7M
+43.1% year over year
Last 12 mo 37.4M

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 Contineum Therapeutics, Inc. does

In the company’s own words

Contineum Therapeutics, Inc. (Nasdaq Global Select Market: PIPE) is a clinical-stage biopharmaceutical company focused on developing differentiated therapies for neuroscience, inflammation and immunology indications with significant unmet medical need. The company pioneers a clinical translational approach targeting biological pathways associated with specific clinical impairments to alter the course of disease.

Contineum's lead asset is PIPE-791, a novel brain-penetrant small molecule inhibitor of the lysophosphatidic acid 1 receptor that the company is developing for idiopathic pulmonary fibrosis and chronic pain conditions including osteoarthritic pain and chronic low back pain. The company completed a Phase 1 healthy volunteer trial and a Phase 1b positron emission tomography trial measuring the relationship between pharmacokinetics and receptor occupancy. In December 2025, Contineum initiated a Phase 2 trial called PROPEL-IPF, a 26-week randomized, double-blind, placebo-controlled global clinical trial expected to enroll approximately 324 subjects to evaluate efficacy, safety and tolerability of PIPE-791 in IPF patients. The company also completed enrollment in a Phase 1b chronic pain trial and anticipates top-line data in the second quarter of 2026.

The company's second drug candidate, PIPE-307, is a selective small-molecule inhibitor of the muscarinic type 1 receptor in development for depression and relapse-remitting multiple sclerosis through a collaboration with Johnson & Johnson. Contineum completed two Phase 1 trials of PIPE-307 in healthy volunteers. J&J initiated a Phase 2 trial called Moonlight-1 in December 2024 for major depressive disorder, and Contineum reported top-line data from a Phase 2 VISTA trial for RRMS in November 2025.

Contineum retains worldwide rights to its LPA1R programs and discovery portfolio while partnering with J&J for PIPE-307 development and commercialization. The company is a smaller reporting company and emerging growth company. As of February 27, 2026, Contineum had 37,336,036 total shares outstanding. More information is available at the company's website.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1855175
SIC
2834

Financial performance, year by year

Fiscal 2024–2025 · USD
$-65.98M$-47.98M$-29.99M$-12.00M$6.00M20242025Last 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 Contineum Therapeutics, Inc. — and what changed

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

84
funds hold it
0 of 35
superinvestors hold it
$74.03M
held by funds, at market
14.9%
of shares held by funds

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

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Franklin Biotechnology Discovery Fund
FBDIX · Franklin Strategic Series
0.84%of fund net assets
Select Health Care Portfolio
FSPHX · Fidelity Select Portfolios
0.10%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”.

Could not be determined for this company: bond issues.

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

Connected research

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