PALI
NASDAQ
Biotechnology
$1.89
USD
+$0.09 (+5.00%)
Last close
Market Cap:
$316.78M
Volume:
23.2M
Previous Close
$1.80
Day Range
$1.78 - $1.90
52 Week Range
$0.53 - $2.86
Average Volume (10 Days)
2.8M
P/E Ratio
0.00
Dividend Yield
0.00%
Palisade Bio, Inc. is a biopharmaceutical company, which engages in the development of oral therapies that help patients with acute and chronic gastrointestinal complications stemming from post-operative digestive enzyme damage. The company is headquartered in Carlsbad, California and currently employs 14 full-time employees. The company went IPO on 2006-12-20. The firm is focused on developing and advancing therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases. The Company’s lead product candidate, PALI-2108, is being developed as a treatment for patients living with inflammatory bowel disease (IBD), including ulcerative colitis (UC) and Fibrostenotic Crohn’s disease (FSCD). The firm is conducting a Phase I human clinical trial of its lead product candidate, PALI-2108, for the treatment of UC. In UC mouse models, the Company has demonstrated the dose-dependent efficacy of PALI-2108. The company utilizes dextran sodium sulfate (DSS)-induced UC mouse models and targets engagement in oxazolone-induced colitis. PALI-2108 targets the key phosphodiesterase-4 (PDE4) in colon tissues and prevents it from breaking down cyclic Adenosine Monophosphate (cAMP) molecules which regulate inflammation in the body.
CEO
Mr. J. D. Finley
Headquaters
Carlsbad, CALIFORNIA, US
Founded
2006
Employees
14
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