Palisade Bio, Inc.PALI

NasdaqHealthcareBiological Products, (No Diagnostic Substances)
Price (close)
$1.57
Market cap
$273.6M
P/E
—
Revenue (TTM)
$500,000
Net income
-$31.9M
Dividend yield
—
1-year total return
103.9%
Net margin
-6388.2%
Revenue growth
—
Debt / equity
—

What Palisade Bio, Inc. does.

We are a clinical-stage biopharmaceutical company developing next-generation, once-daily, oral phosphodiesterase-4 (“PDE4”) inhibitor prodrugs designed for targeted delivery to the terminal ileum and colon. Our lead clinical product candidate, PALI-2108, is being developed as a treatment for patients living with inflammatory bowel disease (“IBD”), including ulcerative colitis (“UC”) and Crohn’s disease (“CD”).

We are committed to advancing a next generation of once daily, oral PDE4 inhibitor prodrugs to improve pharmacology, tolerability and convenience for patients with inflammatory and fibrotic diseases.

• advancing our lead clinical product candidate, PALI-2108, towards a Phase 2 clinical study in UC designed to evaluate clinical remission response and pharmacodynamic biomarkers over 12 weeks, with an extension phase assessing maintenance of remission;

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$13,520—$0$250,000$0$0
Net income-$10.3M-$26.6M-$14.3M-$12.3M-$14.4M-$16.8M
Free cash flow-$4.8M-$14.8M-$13.4M-$11.1M-$12.2M—

More on PALI.

Figures from Palisade Bio, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.