Palisade Bio Launches New Corporate Branding and Reiterates Commitment to Advancing Next-Generation Precision Therapies
16 Septembre 2024 - 2:00PM
Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade,” “Palisade Bio” or
the “Company”), a biopharmaceutical company focused on developing
and advancing novel therapeutics for patients living with
autoimmune, inflammatory, and fibrotic diseases, today announced
the launch of its new corporate branding and website,
palisadebio.com and reiterated its commitment to stakeholders by
advancing its lead product candidate, PALI-2108.
“We remain committed to our mission of
developing differentiated product candidates for immune,
inflammatory and fibrotic diseases in established commercial
markets where there is a significant unmet medical need. As we
continue to advance our pipeline programs, enhance our growing body
of data, and build momentum toward value-driving milestones, we
believed it was essential to align our corporate brand to clearly
reflect the overarching vision we have for Palisade Bio,” commented
J.D. Finley, Chief Executive Officer of Palisade. “We believe that
next-generation precision therapies will be vital in targeting
these diseases, and our focus is on advancing our programs to be
able to help the millions of patients living with them every day.
The data we have collected to-date continues to reinforce our
confidence as we advance toward several key clinical and regulatory
milestones. I am excited for this next phase of evolution and the
opportunity to unlock the full potential value of Palisade
Bio.”
The Company’s lead program, PALI-2108, is a
microbiota-activated PDE4 inhibitor prodrug in development for the
treatment of moderate-to-severe ulcerative colitis. Ulcerative
colitis poses significant challenges for patients who need
therapies that provide effective remission rates, that are
non-immunosuppressive and that have improved safety profiles. Once
clinical trials begin, the Company anticipates using advanced
machine learning to identify patients with elevated PDE4 activity
to enhance the responder population using PALI-2108 to target
ulcerative colitis. By pinpointing key markers of colitis through
RNA sequencing and meta-analysis, the Company will be able to
identify top PDE4-effector genes, potentially enabling Palisade to
predict patient responses to PDE4 inhibitors and hopefully ensure
targeted, effective treatment.
Additionally, the Company’s platform technology
provides the opportunity to expand its pipeline across immune,
inflammatory and fibrotic disease, including its PALI-1908 program
in preclinical development for fibro stenotic Crohn’s Disease,
which shares multiple synergies with the lead PALI-2108
program.
In addition to the launch of its new website,
the Company has released its latest corporate presentation, now
available in the Investors section of the Company’s website. For
more information and to stay updated, please visit the company's
website (palisadebio.com) and connect on X, Facebook, and
LinkedIn.
About Palisade Bio
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.
Forward Looking Statements
This communication contains “forward-looking”
statements for purposes of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements regarding the Company’s intentions,
beliefs, projections, outlook, analyses or current expectations
concerning, among other things: the extent of our cash runway; our
ability to successfully develop our licensed technologies; the
timing and outcome of our current and anticipated applications and
studies related to our product candidates; estimates about the size
and growth potential of the markets for our product candidates, and
our ability to serve those markets, including any potential revenue
generated; future regulatory, judicial, and legislative changes or
developments in the United States (U.S.) and foreign countries and
the impact of these changes; our ability to maintain the Nasdaq
listing of our securities; our ability to build a commercial
infrastructure in the U.S. and other markets; our ability to
compete effectively in a competitive industry; our ability to
identify and qualify manufacturers to provide API and manufacture
drug product; our ability to enter into commercial supply
agreements; the success of competing technologies that are or may
become available; our ability to attract and retain key scientific
or management personnel; the accuracy of our estimates regarding
expenses, future revenues, capital requirements and needs for
additional financing; our ability to obtain funding for our
operations; our ability to attract collaborators and strategic
partnerships; and the impact of the COVID-19 pandemic or any global
event on our business, and operations, and supply. Any statements
contained in this communication that are not statements of
historical fact may be deemed to be forward-looking statements.
These forward-looking statements are based upon the Company’s
current expectations. Forward-looking statements involve risks and
uncertainties. The Company’s actual results and the timing of
events could differ materially from those anticipated in such
forward-looking statements as a result of these risks and
uncertainties, which include, without limitation, the Company’s
ability to advance its nonclinical and clinical programs, the
uncertain and time-consuming regulatory approval process; and the
Company’s ability to secure additional financing to fund future
operations and development of its product candidates. Additional
risks and uncertainties can be found in the Company’s Annual Report
on Form 10-K for the fiscal year ended December 31, 2023, and the
Company’s most recent Quarterly Report on Form 10-Q for the period
ended June 30, 2024, filed with the Securities and Exchange
Commission on March 26, 2024 and August 12, 2024, respectively.
These forward-looking statements speak only as of the date hereof
and the Company expressly disclaims any obligation or undertaking
to release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company’s
expectations with regard thereto or any change in events,
conditions or circumstances on which any such statements are
based.
Investor Relations Contact
JTC Team, LLCJenene Thomas 833-475-8247PALI@jtcir.com
Palisade Bio (NASDAQ:PALI)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Palisade Bio (NASDAQ:PALI)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024