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Companies / Healthcare / X4 Pharmaceuticals, Inc
XFOR

X4 Pharmaceuticals, Inc

HealthcareBiological Products
Ticker XFORBOSTON, MAFiscal year ends DecemberBook value per share $1.23Diluted shares 126.3M

X4 Pharmaceuticals, Inc. (Nasdaq: XFOR) is a biopharmaceutical company focused on developing and commercializing novel therapeutics for rare hematology diseases. The company's website is www.x4pharma.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
$35.11M
+1273.2% year over year
Last 12 mo $15.85M
-247.44%
+1176.1 percentage points
Last 12 mo -554.71%
$-79.20M
−111.5% year over year
Last 12 mo $-90.14M
-42.51%
+126.6 percentage points
Last 12 mo -57.98%
Cash & financing
$-85.62M
+34.6% year over year
Last 12 mo $-83.74M
$-85.62M
+34.8% year over year
Last 12 mo $-83.74M
0.41
Was 3.41× a year earlier
Last 12 mo 0.49
42.3M
−79.0% year over year
Last 12 mo 126.3M

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 X4 Pharmaceuticals, Inc does

In the company’s own words

X4 Pharmaceuticals, Inc. (Nasdaq: XFOR) is a biopharmaceutical company focused on developing and commercializing novel therapeutics for rare hematology diseases. The company's website is www.x4pharma.com.

X4 Pharmaceuticals' primary asset is mavorixafor, a small molecule oral therapeutic that functions as a selective antagonist of the chemokine receptor CXCR4. The company has one FDA-approved product, XOLREMDI (mavorixafor), which received accelerated approval for use in patients 12 years and older with WHIM syndrome, a rare combined primary immunodeficiency and chronic neutropenic disorder. XOLREMDI is indicated to increase the number of circulating mature neutrophils and lymphocytes in these patients. Additionally, the European Medicines Agency's Committee for Medicinal Products for Human Use recommended marketing authorization for mavorixafor in the European Union, with a final approval decision anticipated in the second quarter of 2026.

The company is advancing mavorixafor through a pivotal Phase 3 clinical trial called 4WARD, which evaluates the drug's efficacy and safety in patients with chronic neutropenia who experience recurrent or serious infections. The 52-week trial aims to enroll up to 176 patients, with full enrollment targeted for the third quarter of 2026 and top-line data expected in the second half of 2027. The FDA has granted Fast Track designation to mavorixafor for chronic neutropenia treatment.

X4 Pharmaceuticals has established strategic partnerships to expand its commercial reach. The company entered into a license and supply agreement with Norgine Pharma UK Ltd. granting exclusive rights to commercialize mavorixafor in Europe, Australia, and New Zealand. Additional agreements exist with taiba rare for select Middle East and North African countries and with Abbisko Therapeutics for mainland China, Taiwan, Hong Kong, and Macau.

The company operates under a capital-efficient model utilizing third-party contractors for manufacturing and distribution. During 2025, X4 Pharmaceuticals completed two significant capital-raising transactions, securing approximately $226.6 million in net proceeds to fund operations and support the advancement of its clinical development programs and commercialization efforts.

Company details
Sector
Healthcare
Industry
Biological Products
Headquarters
BOSTON, MA
Fiscal year end
December
CIK
1501697
SIC
2836

Financial performance, year by year

Fiscal 2018–2025 · USD
$-114.80M$-73.91M$-33.03M$7.86M$48.74M20182019202020212022202320242025Last 12 moLast 12 monthsLast 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 X4 Pharmaceuticals, Inc — and what changed

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

60
funds hold it
0 of 35
superinvestors hold it
$89.88M
held by funds, at market
20.4%
of shares held by funds

Largest fund holders · X4 Pharmaceuticals, Inc’s weight in each

Fidelity Small Cap Growth Fund
FCPGX · Fidelity Securities Fund
0.16%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Inception Portfolio
MSSGX · MORGAN STANLEY INSTITUTIONAL FUND INC
3.82%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
1.79%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.

Connected research

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