Palisade Bio Inc (PALI) USD0.01

Sell:$1.32Buy:$1.38$0.05 (3.45%)

Prices delayed by at least 15 minutes
Sell:$1.32
Buy:$1.38
Change:$0.05 (3.45%)
Prices delayed by at least 15 minutes
Sell:$1.32
Buy:$1.38
Change:$0.05 (3.45%)
Prices delayed by at least 15 minutes

Company Information

About this company

Palisade Bio, Inc. is a biopharmaceutical company focused on developing novel therapeutics for serious chronic gastrointestinal diseases. It is engaged in advancing a PALI-2108 for the treatment of IBD, including UC and CD and are researching PALI-1908. IBD is a chronic condition characterized by inflammation within the gastrointestinal tract. UC primarily affects the colon and the rectum. CD can affect any part of the gastrointestinal tract, from the mouth to the anus. PALI-2108 is a prodrug PDE4 inhibitor that operates through a mechanism within colon tissues, targeting the key enzyme phosphodiesterase-4 (PDE4). This enzyme is pivotal in cAMP hydrolysis, and by inhibiting PDE4, intracellular cAMP levels are elevated. This elevation leads to the downregulation of inflammatory cytokines and a reduction in the expression of cell adhesion molecules. By modulating these processes, PALI-2108 prevents the local infiltration and activation of inflammatory cells in the colon tissues.

Key people

J. D. Finley
Chief Executive Officer, Chief Financial Officer, Director
Robert Mcrae
Chief Operating Officer
Mitchell Jones
Chief Medical Officer
Donald A. Williams
Independent Chairman of the Board
Margery B. Fischbein
Independent Director
Binxian Wei
Independent Director
Click to see more

Key facts

  • EPIC
    -
  • Location
    United States
  • Sector
    Healthcare
  • Industry
    Biotechnology & Drugs
  • ISIN
    US6963894026
  • Market cap
    $3.76m
  • Employees
    9
  • Shares in issue
    2.77m
  • Exchange
    NASDAQ
  • Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview data is sourced from Refinitiv.