Private company

MERRIMACK PHARMACEUTICALS INC

American pharmaceutical preparations company, incorporated in Delaware1

In its 2024 annual report the company says: “We are a biopharmaceutical company based in Cambridge, Massachusetts that is entitled to receive up to $450.0 million in contingent milestone payments related to our sale of ONIVYDE® to Ipsen S.A., or Ipsen, in April 2017 and up to $54.5 million in contingent milestone payments related to our sale of MM-121 and MM-111 to Elevation Oncology, Inc. (formerly known as 14ner Oncology, Inc.), or Elevation, in July 2019.”3

Last updated Oct 20, 2026.

Overview

  • IndustryPharmaceutical Preparations1
  • HeadquartersCambridge, Massachusetts1
  • Incorporated inDE2
  • Business addressOne Broadway, 14Th Floor, Cambridge, Ma 021422
  • Filer categoryNon-accelerated filer, Smaller reporting company2

We are a biopharmaceutical company based in Cambridge, Massachusetts that is entitled to receive up to $450.0 million in contingent milestone payments related to our sale of ONIVYDE® to Ipsen S.A., or Ipsen, in April 2017 and up to $54.5 million in contingent milestone payments related to our sale of MM-121 and MM-111 to Elevation Oncology, Inc. (formerly known as 14ner Oncology, Inc.), or Elevation, in July 2019. We do not have any ongoing research or development activities and are seeking potential acquirers for our remaining preclinical and clinical assets. We do not have any employees and instead use external consultants for the operation of our company.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Operating income456789-$2.0M in 2023−98% since 2017
-$100.0M-$75.0M-$50.0M-$25.0M02017: -$95.8M-$95.8M20172018: -$65.6M-$65.6M2018−32%2019: -$22.4M-$22.4M2019−66%2020: -$2.9M-$2.9M2020−87%2021: -$2.5M-$2.5M2021−14%2022: -$1.7M-$1.7M2022−30%2023: -$2.0M-$2.0M2023+18%
Net income45689-$1.2M in 2023
-$200.0M0$200.0M$400.0M$600.0M2017: $472.0M$472.0M20172018: -$40.5M-$40.5M20182019: -$17.3M-$17.3M2019−57%2020: -$3.0M-$3.0M2020−83%2021: -$2.5M-$2.5M2021−19%2022: -$1.5M-$1.5M2022−37%2023: -$1.2M-$1.2M2023−24%
Fiscal year20172018201920202021202220232024
Revenue
Cost of revenue
Research and development$67.3M4$50.0M5$11.1M6
Selling, general and admin
Operating expenses$2.5M8$1.7M9$2.0M9
Operating income-$95.8M4-$65.6M5-$22.4M6-$2.9M7-$2.5M8-$1.7M9-$2.0M9
Interest$34.6M4$956.0K5$1.5M6
Income before tax-$2.5M8-$1.5M9-$1.2M9
Income tax-$42.4M4-$7.7M5-$1.5M6$14.0K7$3.0K8$3.0K9$12.0K9
Net income$472.0M4-$40.5M5-$17.3M6-$3.0M6-$2.5M8-$1.5M9-$1.2M9
Earnings per share-$0.188-$0.119-$0.089
Earnings per share (diluted)-$0.188-$0.119-$0.089
Shares (weighted, basic)13.4M shares813.5M shares914.3M shares9
Shares (weighted, diluted)13.4M shares813.5M shares914.3M shares9

Compare MERRIMACK PHARMACEUTICALS INC with another company

Corporate structure

MERRIMACK PHARMACEUTICALS INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of MERRIMACK PHARMACEUTICALS INC

  • ADAR1 Partners, LP Filed SCHEDULE 13G on MERRIMACK PHARMACEUTICALS INC, latest Feb 22, 2024
  • 22NW Fund, LP Filed SC 13G/A on MERRIMACK PHARMACEUTICALS INC, latest Feb 14, 2024 (2 filings since Feb 13, 2023)
  • Newtyn Management, LLC Filed SC 13D/A on MERRIMACK PHARMACEUTICALS INC, latest Jan 25, 2024
  • Western Standard LLC Filed SC 13D/A on MERRIMACK PHARMACEUTICALS INC, latest Dec 13, 2023 (2 filings since Aug 14, 2023)
  • Point72 Asset Management, L.P. Filed SC 13G/A on MERRIMACK PHARMACEUTICALS INC, latest Feb 14, 2023 (2 filings since Aug 4, 2022)
  • 22NW, LP Filed SC 13G/A on MERRIMACK PHARMACEUTICALS INC, latest Feb 14, 2022
  • Nantahala Capital Management, LLC Filed SC 13G/A on MERRIMACK PHARMACEUTICALS INC, latest Feb 14, 2022
  • MERRIMACK PHARMACEUTICALS INC Cambridge, Massachusetts

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What MERRIMACK PHARMACEUTICALS INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$6.0M9 Dec 31, 2023$19.4M9 Dec 31, 2022−69.2%
Marketable securities, current$12.9M9 Dec 31, 2023$09 Dec 31, 2022

Leadership

Who has led MERRIMACK PHARMACEUTICALS INC, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (29)

Timeline

  1. May 10, 20248-K Shareholder vote; Regulation FD disclosure48
  2. May 9, 20248-K Regulation FD disclosure49
  3. Apr 30, 20248-K Listing notice or transfer; Regulation FD disclosure50
  4. Mar 27, 20248-K Regulation FD disclosure51
  5. Mar 7, 20248-K Regulation FD disclosure52
  6. Feb 13, 20248-K Regulation FD disclosure53
  7. Nov 2, 20238-K Regulation FD disclosure54
  8. Aug 3, 20238-K Regulation FD disclosure55
  9. Jun 7, 20238-K Shareholder vote56
  10. May 4, 20238-K Regulation FD disclosure57
  11. Mar 9, 20238-K Regulation FD disclosure58
  12. Dec 5, 20228-K Entered a material agreement; Change to shareholders' rights; Regulation FD disclosure59
  13. Feb 1, 2012New chief executive Robert J. Mulroy becomes CEO15

Filings

119 filings to the SEC since October 2021: 4 annual reports, 8 quarterly reports, 21 major events, 58 insider forms, 12 large holders, 16 other. The latest 20:

  1. May 20, 202415-12G EDGAR
  2. May 15, 202410-Q EDGAR
  3. May 10, 202425 EDGAR
  4. May 10, 20248-K EDGAR
  5. May 9, 2024DEFA14A EDGAR
  6. May 9, 20248-K EDGAR
  7. Apr 30, 2024DEFA14A EDGAR
  8. Apr 30, 20248-K EDGAR
  9. Apr 1, 2024DEFR14A EDGAR
  10. Mar 27, 2024DEFA14A EDGAR
  11. Mar 27, 20248-K EDGAR
  12. Mar 22, 2024DEFA14A EDGAR
  13. Mar 21, 2024DEF 14A EDGAR
  14. Mar 21, 202410-K/A EDGAR
  15. Mar 7, 2024425 EDGAR
  16. Mar 7, 20248-K EDGAR
  17. Mar 7, 2024SC 13G/A EDGAR
  18. Mar 7, 202410-K EDGAR
  19. Mar 5, 2024PRE 14A EDGAR
  20. Feb 22, 2024SCHEDULE 13G EDGAR

The 119 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

81 open-market trades by officers, directors and large owners since October 2021: 80 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 28, 2023Andersen EricDirectorBuy857$13.35$11.4KForm 4
Dec 26, 2023Andersen EricDirectorBuy48,693$13.15$640.3KForm 4
Dec 7, 2023Andersen EricDirectorBuy101,050$12.85$1.3MForm 4
Nov 17, 2023WESTERN STANDARD PARTNERS LPBuy300$12.50$3.8KForm 4
Nov 14, 2023WESTERN STANDARD PARTNERS LPBuy50,170$12.50$627.1KForm 4
Nov 13, 2023Andersen EricDirectorBuy15,570$12.39$192.9KForm 4
Nov 10, 2023Andersen EricDirectorBuy38,062$12.32$468.9KForm 4
Nov 9, 2023Western Standard LLCBuy9,975$12.19$121.6KForm 4
Nov 8, 2023Western Standard LLCBuy13,823$12.13$167.7KForm 4
Aug 11, 2023CROCKER GARY LSee RemarksBuy2,000$12.43$24.9KForm 4
Aug 10, 2023CROCKER GARY LSee RemarksBuy2,000$12.52$25.0KForm 4
Aug 8, 2023Andersen EricDirectorBuy87,057$12.00$1.0MForm 4
Aug 7, 2023Andersen EricDirectorBuy134,493$12.00$1.6MForm 4
Mar 21, 2023Western Standard LLCBuy160,590$11.52$1.8MForm 4
Jan 31, 2023Western Standard LLCBuy2,232$11.40$25.4KForm 4
Jan 31, 2023Andersen EricDirectorBuy2,232$11.40$25.4KForm 4
Jan 30, 2023Western Standard LLCBuy24,735$11.36$281.0KForm 4
Jan 30, 2023Andersen EricDirectorBuy24,708$11.36$280.7KForm 4
Jan 27, 2023WESTERN STANDARD PARTNERS LPBuy21,875$11.40$249.4KForm 4
Jan 12, 2023NEWTYN PARTNERS, LPBuy100,000$11.90$1.2MForm 4

All 81 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How MERRIMACK PHARMACEUTICALS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMERRIMACK PHARMACEUTICALS INC1
  • CIK0001274792
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)2834 Pharmaceutical Preparations1
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
  • Business addressOne Broadway, 14Th Floor, Cambridge, MA 021421
  • Phone617-441-10001
  • Shares outstanding14,788,369 as of May 13, 202412
  • Public float$129.7M as of Jun 30, 20239
  • On EDGAR sinceDec 29, 20031
  • Filings807 in all: 4 (357), 8-K (126), 3 (39), 10-Q (37), SC 13G/A (35), DEFA14A (25), SC 13G (19), UPLOAD (16)1
    All 49 form types

    SC 13D/A (15), CORRESP (14), 10-K (13), DEF 14A (12), CT ORDER (9), S-8 (9), 4/A (7), EFFECT (5), PRE 14A (5), REGDEX (5), 424B5 (4), PRER14A (4), S-1/A (4), 10-K/A (3), 5 (3), ARS (3), DFAN14A (3), S-3 (3), SC 13D (3), SC TO-I/A (3), CERTNAS (2), FWP (2), POS AM (2), PREC14A (2), PRRN14A (2), 15-12G (1), 25 (1), 305B2 (1), 424B4 (1), 425 (1), 8-A12B (1), 8-A12G (1), 8-K/A (1), D (1), DEFM14A (1), DEFR14A (1), PREM14A (1), S-1 (1), S-3ASR (1), SC TO-I (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 7, 2024
    Quarterly report (10-Q) May 15, 2024
    Proxy statement (DEF 14A) Mar 21, 2024
    Latest 8-K (8-K) May 10, 2024

Sources

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