Feed / VRDN

Viridian Therapeutics, Inc.

VRDN

Healthcare · 21.23 -4.8% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Viridian Therapeutics, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company-4.8% todayVolume comparison unavailable
Market group0 of 37 activeBiotechnology · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • Viridian disclosed a Hercules loan maturity date of October 1, 2026, making the next financing-status disclosure a specific balance-sheet item to compare.
  • TED portfolio costs fell as phase 3 trial timing and stage reduced clinical-trial and manufacturing spending, while other research and personnel costs increased.

Invalidation: The isolated read changes if VRDN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Healthcare · Biotechnology

No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Viridian disclosed a Hercules loan maturity date of October 1, 2026, making the next financing-status disclosure a specific balance-sheet item to compare.
  • TED portfolio costs fell as phase 3 trial timing and stage reduced clinical-trial and manufacturing spending, while other research and personnel costs increased.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements80
Verified relationships8
Evidence supporting the case
  • Latest annual revenue changed +23359.9% year over year.
  • Operating margin changed +98505.3 percentage points in the latest annual period.
  • Net margin changed +88903.5 percentage points in the latest annual period.
  • Product pipeline and R&D has repeated favorable evidence across 5 filings.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 11, 2026

21.23
6m-25.3%12m+7.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.0M+182.2%$-6.66
2022-12-31$1.8M-40.2%$-4.05
2023-12-31$314,000-82.3%$-5.31+39.5%
2024-12-31$302,000-3.8%
2025-12-31$70.8M+23359.9%

What management says matters

Persistent and emerging business drivers

Legal and regulatory exposurepositive · 5 filings
The Company was not subject to any material legal proceedings during the three months ended June 30, 2026 and, to the best of its knowledge, no material legal proceedings are currently pending or threatened.
10-Q · Aug 6, 2026
Product pipeline and R&Dpositive · 5 filings
Personnel-related costs increased by $9.3 million during the six months ended June 30, 2026 compared to the six months ended June 30, 2025, primarily attributable to increased headcount to support our ongoing research and development efforts.
10-Q · Aug 6, 2026
Credit and interest ratesnegative · 4 filings
Other Income, net Other income, net was $10.4 million during the six months ended June 30, 2026 compared to $13.0 million during the six months ended June 30, 2025 primarily comprised of interest income earned on marketable securities and the change in fair 3…
10-Q · Aug 6, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales · EV/sales . Comparisons use only industry-matched filing peers.

Scenario scaffold

No usable price/earnings or price/sales multiple (need a fresh price).

Price action

How the market is pricing the story

21.23-4.8% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for VRDN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for VRDN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind VRDN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ZBIOZenas BioPharma, Inc.partnerMay 5, 2026

In May 2022, we entered into a manufacturing development and supply agreement with Zenas BioPharma to manufacture and supply, or have manufactured and supplied, clinical drug product for development purposes.

HTGCHercules Capital, Inc.lenderMay 5, 2026

Interest expense consists of cash and non-cash interest expense related to our DRI Purchase and Sale Agreement and Hercules Loan and Security Agreement.

Depended on by

ZBIOZenas BioPharma, Inc.partnerMar 16, 2026

Partnered Regional Programs We also have in-licensed the development and commercialization rights to ZB001 (also known as VRDN-001), an IGF-1R monoclonal antibody, and related programs from Viridian Therapeutics, Inc.

Filing peers

No filing peers are available for this name yet.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

VRDN is currently a Early Follower in the organic co-movement group Biotechnology. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for VRDN; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.