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Aardvark Therapeutics, Inc. logo

Aardvark Therapeutics, Inc.

aardvarktherapeutics.com

What Do They Do?

Develops small-molecule drug candidates targeting gut bitter taste receptors for people with hunger-related conditions, including Prader-Willi syndrome and other metabolic diseases.

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −53%
vs $1.5M in Q2 FY2025
Net income
▲ 0% (Loss)
vs −$14.4M in Q2 FY2025
  • Aug 11, 2026 Company terminated the HERO and OLE trials It does not currently intend to resume them as previously designed.
  • May 14, 2026 FDA placed ARD-101 under a full clinical hold The hold covers all ongoing studies under the application, including the HERO and OLE trials.

Who Do They Compete With?

Competes with Soleno Therapeutics, Rhythm Pharmaceuticals, Relmada Therapeutics, and Bright Minds Biosciences

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