Velan Capital Investment Management LP Quant / Systematic

Location: Alpharetta, GA

CIK: 0001848809 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $172M (100.0% shares, 0.0% debt)

Holdings (46)

PRAX PRAXIS PRECISION MEDICINES I 17.2%
Value $29.7M Shares 100,781 Est. Cost $18.39 Unrealized +912.5%
CIDARA THERAPEUTICS INC 13.9%
Value $23.95M Shares 108,404 Est. Cost $52.36 Unrealized
TARA PROTARA THERAPEUTICS INC 8.8%
Value $15.11M Shares 2,834,652 Est. Cost $3.79 Unrealized +46.8%
HRTX HERON THERAPEUTICS INC 6.6%
Value $11.38M Shares 8,753,290 Est. Cost $2.22 Unrealized -44.3%
MPLT MAPLIGHT THERAPEUTICS INC 5.3%
Value $9.174M Shares 522,305 Est. Cost $16.75 Unrealized 0.0%
ABVX ABIVAX SA 5.2%
Value $9.035M Shares 67,000 Est. Cost $86.85 Unrealized
EVMN EVOMMUNE INC 5.0%
Value $8.676M Shares 506,754 Est. Cost $18.78 Unrealized 0.0%
MLYS MINERALYS THERAPEUTICS INC 3.2%
Value $5.48M Shares 151,000 Est. Cost $11.91 Unrealized +236.6%
LNTH LANTHEUS HLDGS INC 2.9%
Value $4.97M Shares 74,687 Est. Cost $62.43 Unrealized -6.8%
JSPR JASPER THERAPEUTICS INC 2.8%
Value $4.883M Shares 2,668,395 Est. Cost $10.95 Unrealized -81.7%
AVTX AVALO THERAPEUTICS INC 2.8%
Value $4.788M Shares 263,642 Est. Cost $8.82 Unrealized +91.3%
ESPR ESPERION THERAPEUTICS INC NE 2.6%
Value $4.477M Shares 1,210,000 Est. Cost $3.23 Unrealized 0.0%
VRCA VERRICA PHARMACEUTICALS INC 2.3%
Value $3.919M Shares 471,559 Est. Cost $5.54 Unrealized 0.0%
NSPR INSPIREMD INC 2.2%
Value $3.816M Shares 2,143,698 Est. Cost $2.07 Unrealized +0.5%
RAPT RAPT THERAPEUTICS INC 2.1%
Value $3.658M Shares 108,000 Est. Cost $17.75 Unrealized +75.0%
STRO SUTRO BIOPHARMA INC 2.1%
Value $3.61M Shares 312,000 Est. Cost $9.49 Unrealized 0.0%
TERN TERNS PHARMACEUTICALS INC 1.6%
Value $2.828M Shares 70,000 Est. Cost $18.28 Unrealized +26.4%
SNDX SYNDAX PHARMACEUTICALS INC 1.6%
Value $2.731M Shares 130,000 Est. Cost $13.09 Unrealized +33.3%
VRDN VIRIDIAN THERAPEUTICS INC 1.6%
Value $2.692M Shares 86,500 Est. Cost $13.57 Unrealized +102.1%
EPRX EUPRAXIA PHARMACEUTICALS INC 1.5%
Value $2.658M Shares 352,000 Est. Cost $5.44 Unrealized +13.3%
TRVI TREVI THERAPEUTICS INC 1.5%
Value $2.567M Shares 205,000 Est. Cost $7.50 Unrealized +54.1%
PROF PROFOUND MED CORP 1.3%
Value $2.249M Shares 285,710 Est. Cost $6.43 Unrealized 0.0%
KZIA KAZIA THERAPEUTICS LTD 1.2%
Value $2.067M Shares 300,000 Est. Cost $6.89 Unrealized
RZLT REZOLUTE INC 1.0%
Value $1.77M Shares 750,000 Est. Cost $3.03 Unrealized +158.9%
TENX TENAX THERAPEUTICS INC 0.6%
Value $1.016M Shares 83,333 Est. Cost $3.62 Unrealized +140.2%
EDSA EDESA BIOTECH INC 0.6%
Value $976K Shares 687,500 Est. Cost $2.16 Unrealized -9.2%
TREVI THERAPEUTICS INC 0.3%
Value $482K Shares 38,500 Est. Cost Unrealized
ARWR ARROWHEAD PHARMACEUTICALS IN 0.3%
Value $432K Shares 6,500 Est. Cost $21.98 Unrealized +122.9%
VTYX VENTYX BIOSCIENCES INC 0.2%
Value $361K Shares 40,000 Est. Cost $2.20 Unrealized +240.1%
CTMX CYTOMX THERAPEUTICS INC 0.2%
Value $341K Shares 80,000 Est. Cost $1.00 Unrealized +280.2%
PTGX PROTAGONIST THERAPEUTICS INC 0.2%
Value $323K Shares 3,700 Est. Cost $47.99 Unrealized +70.5%
NRIX NURIX THERAPEUTICS INC 0.2%
Value $304K Shares 16,000 Est. Cost $10.65 Unrealized +34.9%
OVID OVID THERAPEUTICS INC 0.2%
Value $261K Shares 160,000 Est. Cost $0.71 Unrealized +116.3%
GOSS GOSSAMER BIO INC 0.1%
Value $217K Shares 70,000 Est. Cost $0.86 Unrealized +233.0%
IMNM IMMUNOME INC 0.1%
Value $215K Shares 10,000 Est. Cost $9.95 Unrealized +76.4%
DSGN DESIGN THERAPEUTICS INC 0.1%
Value $188K Shares 20,000 Est. Cost $4.46 Unrealized +75.5%
IMMX IMMIX BIOPHARMA INC 0.1%
Value $183K Shares 35,000 Est. Cost $2.12 Unrealized +93.8%
CNTX CONTEXT THERAPEUTICS INC 0.1%
Value $147K Shares 100,000 Est. Cost $1.62 Unrealized -28.0%
REPL REPLIMUNE GROUP INC 0.1%
Value $146K Shares 15,000 Est. Cost $12.15 Unrealized -30.0%
LRMR LARIMAR THERAPEUTICS INC 0.1%
Value $126K Shares 33,000 Est. Cost $4.91 Unrealized -20.8%
XLO XILIO THERAPEUTICS INC 0.1%
Value $109K Shares 170,000 Est. Cost $0.75 Unrealized 0.0%
CRBP CORBUS PHARMACEUTICALS HLDGS 0.1%
Value $106K Shares 13,000 Est. Cost $44.43 Unrealized -72.2%
PRQR PROQR THRAPEUTICS N V 0.1%
Value $90,900 Shares 45,000 Est. Cost $3.07 Unrealized -23.9%
DTIL PRECISION BIOSCIENCES INC 0.0%
Value $83,200 Shares 20,000 Est. Cost $4.79 Unrealized +18.5%
PYXS PYXIS ONCOLOGY INC 0.0%
Value $46,000 Shares 40,000 Est. Cost $1.21 Unrealized +191.0%
PMVP PMV PHARMACEUTICALS INC 0.0%
Value $43,750 Shares 35,000 Est. Cost $1.58 Unrealized -15.4%