Stonepine Capital Management, Llc Portfolio Stock Holdings

According to the SEC 13F filed on August 17, 2026, Stonepine Capital Management, Llc disclosed 42 stock positions valued at approximately $131.36M as of quarter-end June 30, 2026. The largest holdings include VERASTEM INC, EVOLUS INC, and TENAX THERAPEUTICS INC.

Report Period
June 30, 2026
No. of Stocks
42
Portfolio Value
$131.36M
Holdings by Sector
Stonepine Capital Management, Llc Portfolio Holdings in Q2 2026
CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
VERASTEM INCVSTMHealthcare9.74%3,349,627+47,327+1.43%$12,795,575
EVOLUS INCEOLSHealthcare8.40%1,590,162-168,929-9.60%$11,035,724
TENAX THERAPEUTICS INCTENXHealthcare7.31%660,000-315,200-32.32%$9,603,000
ADMA BIOLOGICS INCADMAHealthcare4.72%740,000--$6,193,800
CAMP4 THERAPEUTICS CORPCAMPOther4.62%1,389,622--$6,072,648
CORBUS PHARMACEUTICALS HLDGSCRBPHealthcare3.03%425,000+41,538+10.83%$3,986,500
ZEVRA THERAPEUTICS INCZVRAHealthcare2.82%258,701-221,299-46.10%$3,709,772
ABEONA THERAPEUTICS INCABEOHealthcare2.62%557,284-189,303-25.36%$3,444,015
EDESA BIOTECH INCEDSAHealthcare2.43%456,439+426,439+1421.46%$3,190,807
CABALETTA BIO INCCABAHealthcare2.17%917,100+867,100+1734.20%$2,852,181
AN2 THERAPEUTICS INCANTXHealthcare2.03%551,692-162,153-22.72%$2,670,190
TELA BIO INCTELAHealthcare1.52%2,662,427+45,175+1.73%$1,996,820
AYTU BIOPHARMA INCAYTUHealthcare1.49%912,921+120,632+15.23%$1,962,780
CURIS INCCRISHealthcare1.32%3,312,185-414,221-11.12%$1,729,292
OKYO PHARMA LTDOKYOOther0.99%862,996+12,996+1.53%$1,294,494
SOL-GEL TECHNOLOGIES LTDSLGLOther0.82%14,469-13,309-47.91%$1,072,732
PULMONX CORPLUNGHealthcare0.81%815,436+47,148+6.14%$1,060,067
MOONLAKE IMMUNOTHERAPEUTICSMLTXHealthcare0.74%50,000+50,000+100.00%$973,500
MAXCYTE INCMXCTHealthcare0.70%751,606-253,067-25.19%$924,475
PHATHOM PHARMACEUTICALS INCPHATHealthcare0.70%85,010+35,000+69.99%$922,358
CONNECT BIOPHARMA HLDGS LTDCNTBOther0.66%364,254+54,254+17.50%$866,925
ULTRAGENYX PHARMACEUTICAL INRAREHealthcare0.64%25,000+25,000+100.00%$834,750
INHIBIKASE THERAPEUTICS INCIKTHealthcare0.61%396,179-561,023-58.61%$804,243
ZENTALIS PHARMACEUTICALS INCZNTLHealthcare0.60%161,583-107,517-39.95%$783,678
CYTOMX THERAPEUTICS INC.CTMXHealthcare0.59%205,000+205,000+100.00%$768,750
NUVECTIS PHARMA INCNVCTHealthcare0.56%40,000+40,000+100.00%$735,600
PMV PHARMACEUTICALS INCPMVPHealthcare0.55%536,086-172,016-24.29%$718,355
ONKURE THERAPEUTICS INCOKUROther0.45%130,684-1,894-1.43%$595,919
CALCIMEDICA INCCALCHealthcare0.41%622,432+622,432+100.00%$544,939
ARVINAS INCARVNHealthcare0.38%60,000+32,500+118.18%$498,600
Showing 30 of 42 holdings in the latest reporting period.
Stonepine Capital Management, Llc Options Holdings in Q2 2026
QuarterSymbolCompanyOptionContractsNotional Value
Q2 2026ADMAADMA Biologics IncCALL650,000$7,950,000
Q2 2026INSMInsmed IncorporatedCALL40,000$5,600,000
Q2 2026RAREUltragenyx Pharmaceutical Inc.CALL200,000$5,500,000
Q2 2026MDTMedtronicCALL50,000$4,375,000
Q2 2026ABTAbbott LaboratoriesCALL40,000$3,800,000
Q2 2026BSXBoston Scientific CorporationCALL50,000$3,250,000
Q2 2026EOLSEvolus, Inc. Common StockCALL420,000$3,150,000
Q2 2026BMRNBioMarin Pharmaceutical Inc.CALL50,000$3,125,000
Q2 2026XERSXeris Biopharma Holdings, Inc.CALL280,000$2,100,000
Q2 2026HRTXHeron Therapeutics, Inc.CALL1,000,000$1,500,000
Q2 2026SIBNSI-BONE, Inc.CALL100,000$1,500,000
Q2 2026NMRANeumora Therapeutics, Inc.CALL500,000$1,250,000
Q2 2026ARDXArdelyx, Inc.CALL150,000$1,050,000
Q2 2026DCTHDelcath Systems, Inc.CALL100,000$1,000,000
Q2 2026MNKDMannKind CorporationCALL250,000$750,000
Showing 15 of 15 options positions in the latest reporting period.

Notional value represents the total exposure of the options position.