Edesa Biotech, Inc.EDSA

$7.35+0.47 (+6.83%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$61M
Micro-cap
+100%
2016 — today
10-Year Price
-99%
2016 — today
52-Week Range
$0.80$18.27
Current $7.35· 37%

Edesa Biotech, Inc. is a biopharmaceutical firm focused on discovering, developing, and commercializing clinical-stage treatments for inflammatory and immune system disorders where current medical options are inadequate. The company's key pipeline assets include EB05, a monoclonal antibody undergoing a Phase 3 clinical trial for acute respiratory distress syndrome (ARDS) in COVID-19 patients, and EB01, a topical therapy in a Phase 2B clinical study addressing chronic allergic contact dermatitis. Furthermore, Edesa has a licensing collaboration with NovImmune SA to advance monoclonal antibodies specifically designed to target TLR4 and CXCL10. This company was established in 2015 and is based in Markham, Canada.

Valuation in context

P/E ratio
-5.4
N/A
Not meaningful — company is unprofitable
P/B ratio
5.9
Historically pricey
Historically pricey — last 10 years
FCF Yield
-12.6%
Historically high
Historically high relative to the last 10 years
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