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Palisade Bio, Inc.
Palisade Bio, Inc., a clinical-stage biopharmaceutical company, engages in developing oral phosphodiesterase-4 inhibitor prodrugs designed for targeted delivery to the terminal ileum and colon in the United States. Its lead clinical product candidate includes PALI-2108, which is in phase 1b clinical trial to treat patients with inflammatory bowel disease, including ulcerative colitis and Fibrostenotic Crohn’s disease. The company has a research collaboration and license agreement with Giiant Pharma, Inc. for the development, manufacture, and commercialization of its compounds; license agreement with the Regents of the University of California for sole purpose of maintaining the Newsoara Co-Development; and a co-development and distribution agreement with Newsoara Biopharma Co., Ltd. The company was founded in 2001 and is headquartered in Denver, Colorado.
Market Cap
$277.1M
Volume
5.0M
Cash and Equivalents
$125.2M
EBITDA
-$35.3M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$500.0K
Profit Margin
100.00%
52 Week High
$2.85
52 Week Low
$0.58
Dividend
N/A
Price / Book Value
2.27
Price / Earnings
-7.89
Price / Tangible Book Value
2.27
Enterprise Value
$151.9M
Enterprise Value / EBITDA
-4.30
Operating Income
-$35.3M
Return on Equity
51.37%
Return on Assets
-32.98
Cash and Short Term Investments
$125.2M
Debt
N/A
Equity
$121.7M
Revenue
$500.0K
Unlevered FCF
-$8.6M
Sector
Biotechnology
Category
N/A