ADAR1 Capital Expands Biotech Portfolio Across Five Stocks
ADAR1 Capital Management LLC disclosed new positions in five biotech and medical tech companies during the second quarter, according to Holdings Channel reports. It bought 38,955 shares of ACADIA Pharmaceuticals Inc. (about $986,000). It opened a position in Adagio Medical Holdings, acquiring 1,205,447 shares valued at roughly $785,000. The firm also added 272,745 shares of Larimar Therapeutics, Inc. worth about $832,000. Artiva Biotherapeutics, Inc. saw ADAR1 acquire 118,624 shares valued around $1,151,000, while Corvus Pharmaceuticals, Inc. recorded a new stake of 117,101 shares valued about $1,749,000. These moves illustrate ADAR1's active deployment across multiple healthcare names, part of a broader pattern of institutional activity in these stocks.
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