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LB Pharmaceuticals Inc

LBRX

LB Pharmaceuticals is a late-stage biopharmaceutical company focused on developing novel benzamide therapies for neuropsychiatric disorders, including schizophrenia and mood disorders.

Market cap
$1.55B+360%
Net income-$39.0M+25.4%
Free cash flow-$55.5M
EPS (diluted)-$30.07
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

August 11, 2026

Next report

Nov 5, 2026 (in 2 months)
EPS estimate-$1.61

Financials

Q1 2026

Income statement

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Net income-$19.1M-259%
EPS (diluted)-$0.67+95.5%

Balance sheet

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Cash & equivalents$320.7M
Total debt$3.5M
Total equity$378.7M+481%
Total assets$393.5M

Cash flow

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Operating cash flow-$23.3M-187%
CapEx$32.0K+52.4%
Free cash flow-$23.3M-186%

Valuation & ratios

Valuation

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Market cap$1.55B+360%
Enterprise value$1.24B

Returns & leverage

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Debt / equity
Current ratio35.7×

Competitors

Profile

LB Pharmaceuticals is a late-stage biopharmaceutical company focused on developing novel benzamide therapies for neuropsychiatric disorders, including schizophrenia and mood disorders. Its core value proposition centers on LB-102, a patented derivative of the antipsychotic amisulpride designed with improved blood-brain barrier permeability to enable once-daily dosing and a superior safety profile. The company aims to address significant unmet needs in the U.S. market by providing treatments that balance rapid efficacy with class-leading tolerability.

Competitive position

LB Pharmaceuticals is a clinical-stage developer seeking to introduce the first benzamide antipsychotic to the U.S. market, leveraging a mechanism of action with extensive established clinical use in Europe.

GeographiesUnited States, Europe, Global
Customer segmentsHealthcare Providers, Patients
Business modelR&D focused, IP Licensing
SuppliersContract Development and Manufacturing Organizations (CDMOs), Clinical Research Organizations (CROs), Specialized chemical suppliers for drug substance
CustomersHospitals, Psychiatric clinics, Retail pharmacies, Wholesale distributors
Listed2025
CEOHeather D. Turner
FilingsSEC EDGAR

FAQ

What is LB Pharmaceuticals Inc's market cap?
LB Pharmaceuticals Inc (LBRX) has a market capitalization of $1.6B and trades on NASDAQ.
Who are LB Pharmaceuticals Inc's competitors?
LB Pharmaceuticals Inc's key competitors include Vanda Pharmaceuticals Inc., Alkermes, Inc., Karuna Therapeutics, and others. These companies compete in similar markets and product categories.
Who does LB Pharmaceuticals Inc partner with?
LB Pharmaceuticals Inc's notable partners include Sanofi S.A., AstraZeneca plc, AbbVie Inc., and others.
Where is LB Pharmaceuticals Inc headquartered?
LB Pharmaceuticals Inc is headquartered in United States of America. It has been publicly traded since 2025.