Biopharma Transcript

Aardvark Therapeutics, Inc. AARD

Nasdaq · Phase 3 · rare genetic · small molecule · EDGAR · Updated Oct 24, 2026

Aardvark Therapeutics, Inc. (Nasdaq: AARD) is a rare genetic drug developer. Its lead program, ARD-101, is in Phase 3 for Hyperphagia associated with Prader-Willi Syndrome.

Upcoming catalysts

No catalyst is dated to the next 30 days or to an FDA action date.

Pipeline

ProgramIndicationModalityStage
ARD-101Hyperphagia associated with Prader-Willi Syndrome (Phase 3 HERO, terminated June 2026; FDA clinical hold May 2026)small moleculePhase 3
ARD-201 (ARD-101 + DPP-4 inhibitor)Obesity / prevention of weight regain after GLP-1RA therapy (Phase 2 POWER initiated Dec 2025, paused Feb 2026)small moleculePhase 2

Recent results and decisions

  1. Oct 31, 2026
    hold lifted FDA lifted the clinical hold on ARD-101 in October 2026.OCT 2026 PHASE 3 Clinical Hold Lifted FDA lifted the clinical hold Filing
  2. May 31, 2026
    clinical hold FDA placed ARD-101 on clinical hold in May 2026 following QRS findings and a serious adverse cardiac event in the HERO trial.Trial paused February 27, 2026; all participants stopped dosing FDA Clinical hold May 2026 Filing
  3. Mar 23, 2026
    negative Healthy-volunteer cardiac study: 2 of 8 dosed at 1,600 mg BID had QRS increase >25%; in 800 mg BID follow-on cohort 1 of 23 had <25% and 1 had >25% QRS increase; all reversible and non-serious.Two of eight participants experienced increases in QRS duration greater than 25% from baseline, and one additional participant had a QRS increase of less than 25% from baseline. Filing

7 more on record.

For subscribers

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