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Palisade Bio Participates in Virtual Investor “What this Means” Segment

Key Takeaway: Palisade Bio, Inc. has participated in a Virtual Investor segment where Dr. Mitch Jones, the Chief Medical Officer, discussed positive findings from a recent microbiome study. This study confirmed the local bioactivation of their lead product candidate, PALI-2108, which is intended for the treatment of Ulcerative Colitis. The company is preparing for a planned Phase 1 human clinical study, which marks a significant step forward in their development of innovative therapies for autoimmune and inflammatory diseases.
Price reaction · baseline $3.51 (2024-07-30 close) · hit after-hours · 1 other PALI headline(s) in the window, move may be shared
day 0 close · peak
+11.7%
day 1
+4%
day 3
0%

Market Sentiment Analysis

POSITIVE FACTORS

  • Confirmation of local bioactivation for PALI-2108.
  • Preparation for planned Phase 1 human clinical study.
  • Focus on novel therapeutics for challenging diseases.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+50%
120-day peak, hindsight
Typical move
6.1%
average across 7 past catalysts
Cash runway
~49 mo
Minimal dilution risk
Lead asset
PALI-2108
Phase 1 · Fibrostenotic Crohn's Disease

Full Press Release Details

Mitch Jones, MD, PhD, CMO of Palisade Bio highlights recent findings from a microbiome study confirming local bioactivation of lead product candidate, PALI-2108
Carlsbad, CA, July 31, 2024 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (the “Company”), a biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases, today announced the release of a Virtual Investor “What This Means” segment.
As part of this “What this Means” segment, Mitchell Jones, MD, PhD, Chief Medical Officer of Palisade Bio discusses the successful completion of a microbiome study confirming bacterial enzymes for local bioactivation of lead product candidate, PALI-2108, and what this means for its planned Phase 1 human clinical study for the treatment of Ulcerative Colitis.
The Virtual Investor “What This Means” segment featuring Palisade Bio is now available here. Additional videos from the “What This Means” series are available on demand at www.virtualinvestorco.com.
Palisade Bio is a biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases. The Company believes that by using a targeted approach with its novel therapeutics it will transform the treatment landscape. For more information, please go to www.palisadebio.com.
Investor Relations Contact

Frequently Asked Questions

What is PALI-2108?

PALI-2108 is a lead product candidate from Palisade Bio, aimed at treating Ulcerative Colitis.

What did the microbiome study confirm?

The study confirmed the local bioactivation of PALI-2108 using bacterial enzymes.

Who is Mitch Jones?

Mitch Jones, MD, PhD, is the Chief Medical Officer of Palisade Bio.

What is the focus of Palisade Bio?

Palisade Bio focuses on developing therapeutics for autoimmune, inflammatory, and fibrotic diseases.

Where can I watch the Virtual Investor segment?

The segment is available on the Virtual Investor website.

Last updated: Jul 31, 2024