Edesa Biotech, Inc. (EDSA)

CA — Healthcare Sector
Peers: BRTX  DWTX  COCP  OSRH  TRAW  IMRN  ERNA  EVGN  SNSE  IMNN 

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News

Edesa Biotech Reports Additional Positive Results from Phase 3 Paridiprubart Study
EDSA
Published: February 24, 2026 by: GlobeNewsWire
Sentiment: Neutral

TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseases, announced today positive additional data from a Phase 3 study of paridiprubart.

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Edesa Biotech Announces $15.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
EDSA
Published: February 13, 2025 by: GlobeNewsWire
Sentiment: Neutral

TORONTO, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq: EDSA) (the “Company” or “Edesa”), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseases, today announced that it has sold, in a private placement, an aggregate of 834 newly designated Series B-1 convertible preferred shares (“Series B-1 Preferred Shares”) and 3,468,746 common shares in a private placement priced at-the-market under the rules of the Nasdaq Stock Market. The purchase price per Preferred Share was $10,000 and the purchase price per common share was $1.92. Officers and directors of the Company purchased approximately $1.1 million of the …

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image for news Edesa Biotech Announces $15.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules

About Edesa Biotech, Inc. (EDSA)

  • IPO Date 2010-06-21
  • Website https://www.edesabiotech.com
  • Industry Biotechnology
  • CEO Pardeep Nijhawan
  • Employees 16

Edesa Biotech, Inc., a biopharmaceutical company, engages in acquiring, developing, and commercializing clinical-stage drugs for inflammatory and immune-related diseases with clear unmet medical needs. Its lead product candidates are EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome in covid-19 patients; and EB01, a topical treatment that is in Phase 2B clinical study for chronic allergic contact dermatitis. It has a license agreement with NovImmune SA to develop monoclonal antibodies targeting TLR4 and CXCL10. Edesa Biotech, Inc. was founded in 2015 and is headquartered in Markham, Canada.