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Portfolio (Quarterly) Guide ↗

Velan Capital Investment Management LP

· CIK 0001848809
13F Portfolio $160M AUM 50 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 12 New 12 Added 7 Reduced 9 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 EVMN EVOMMUNE INC Healthcare 446,255.0 $10.3M 6.43% -60K -11.9% $22.99 -0.5%
2 MPLT MAPLIGHT THERAPEUTICS INC Healthcare 492,893.0 $10.0M 6.28% -29K -5.6% $20.33 +41.4%
3 INSPIREMD INC 2,099,652.0 $3.4M 2.14% -44K -2.0% $1.63
4 AVALO THERAPEUTICS INC 185,122.0 $2.8M 1.73% -79K -29.8% $14.93
5 KZIA KAZIA THERAPEUTICS LTD Healthcare 135,315.0 $1.0M 0.63% -165K -54.9% $7.44 +83.6%
6 MLYS MINERALYS THERAPEUTICS INC Healthcare 11,000.0 $298K 0.19% -140K -92.7% $27.09 +10.2%
7 SNDX SYNDAX PHARMACEUTICALS INC Healthcare 10,000.0 $234K 0.15% -120K -92.3% $23.36 -14.6%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 100.0%