Edesa Biotech Inc
EDSA
NASDAQ
Biotechnology
$5.35
USD
-0.08 (-1.47%)
At close: Aug 14, 2026, 4:00 PM EDT
Market Cap $51.92M
Volume 45.9K
About Edesa Biotech Inc
Edesa Biotech, Inc. is a biopharmaceutical company, which focuses on acquisition, development, and commercialization of drug candidates for medical dermatology and respiratory diseases. The company is headquartered in Markham, Ontario and currently employs 17 full-time employees. The company went IPO on 2008-08-25. The Company’s clinical pipeline is focused on two therapeutic areas: medical dermatology and respiratory. In medical dermatology, the Company is developing EB06, an anti-CXCL10 monoclonal antibody candidate, as a therapy for vitiligo, a common autoimmune disorder that causes skin to lose its color in patches. Its medical dermatology assets also include EB01 (1.0% daniluromer cream), a Phase III-ready asset developed for use as a potential therapy for moderate-to-severe chronic allergic contact dermatitis (ACD), a common occupational skin condition. The Company’s advanced respiratory drug candidate is EB05 (paridiprubart), which is being evaluated in a United States government-funded platform study as a treatment for acute respiratory distress syndrome.
CEO
Dr. Pardeep Nijhawan
HQ
Markham, ONTARIO, CA
Founded
2008
Employees
17
Key Metrics
2 metrics our research team weighs before forming a view on EDSA.
Based on Quantli research · SEC filings · as of Q2 2026
METRIC
VALUE
CHANGE
TREND (3Y)
ROE (TTM)
-102.4%
-64.9 pp
Free Cash Flow (TTM)
$-7.53M
—
Financial Snapshot
Revenue
$0
— YoY
Gross Margin
—
— YoY
Net Income
$-10.44M
-78.9%
YoY
Operating Cash Flow
$-7.53M
-31.5%
YoY
Key Statistics
Open
$5.69
Previous Close
$5.43
Day Range
$5.35 - $5.89
52 Week Range
$0.72 - $20.32
Volume
45.9K
Average Volume (10 Days)
40.0K
Dividend Yield
—
Valuation Measurement
Market Cap
$51.92M
P/E Ratio (TTM)
—
Price / Book
5.09
Financial Highlights
Return on Assets
-84.3%
Return on Equity
-102.4%
Revenue (TTM)
$0
Net Income (TTM)
$-10.44M
Diluted EPS (TTM)
-$1.34
Total Cash (MRQ)
$10.00M
Levered FCF (TTM)
$-7.53M
Turn research into action
Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.