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Companies / Health Care / Kalaris Therapeutics, Inc.
KLRS

Kalaris Therapeutics, Inc.

Health CareBiological Products
Ticker KLRSBERKELEY HEIGHTS, NJFiscal year ends DecemberBook value per share $2.43Diluted shares 23.8M

Kalaris Therapeutics, Inc. (Nasdaq: KLRS) is a clinical-stage biopharmaceutical company developing treatments for retinal diseases, with TH103 as its lead product candidate. TH103 is an intravitreal, fully humanized anti-VEGF fusion protein designed for longer retention in the eye and enhanced VEGF inhibition. The… From the company’s description.

In fiscal 2025, Kalaris Therapeutics, Inc. reported a net loss of $43.44M. Operations used $38.37M in cash.

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%FY2025
$-43.44MFY2025
+26.1% year over year
Last 12 mo $-44.26M
-55.11%FY2025
−12.2 percentage points
Last 12 mo -76.75%
Cash & financing
$-38.37MFY2025
+43.3% year over year
Last 12 mo $-41.02M
$-38.57MFY2025
+43.0% year over year
Last 12 mo $-41.02M
0.00FY2025
15.3MFY2025
+204.8% year over year
Last 12 mo 23.8M

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 Kalaris Therapeutics, Inc. does

In the company’s own words

Kalaris Therapeutics, Inc. (Nasdaq: KLRS) is a clinical-stage biopharmaceutical company developing treatments for retinal diseases, with TH103 as its lead product candidate. TH103 is an intravitreal, fully humanized anti-VEGF fusion protein designed for longer retention in the eye and enhanced VEGF inhibition. The company is evaluating it in clinical trials for neovascular age-related macular degeneration (nAMD), with potential development for diabetic eye disease and retinal vein occlusion. Its customers would include patients and healthcare providers if its product candidates receive marketing approval; it has not generated product sales. Kalaris operates as a single-focus drug developer, with no reportable business segments described. Its Phase 1b/2 study evaluates repeat TH103 doses in patients with nAMD, following initial Phase 1a testing. The company retains worldwide development and commercialization rights to TH103 and intends to commercialize it through its own specialty salesforce if approved. Kalaris became the successor to AlloVir’s business following a March 2025 merger, after which the company took the Kalaris name. Its website is www.kalaristx.com.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
BERKELEY HEIGHTS, NJ
Fiscal year end
December
CIK
1754068
SIC
2836

Financial performance, year by year

Fiscal 2020–2025 · USD
$-205.12M$-161.02M$-116.93M$-72.83M$-28.74M202020212022202320242025Last 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 Kalaris Therapeutics, Inc. — and what changed

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

16
funds hold it
0 of 35
superinvestors hold it
$2.31M
held by funds, at market
2.3%
of shares held by funds

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

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
Ultra-Small Company Market Fund
BRSIX · Bridgeway Funds, Inc.
0.09%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
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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