Edesa Biotech, Inc. (EDSA)

NASDAQ: EDSA · IEX Real-Time Price · USD
4.310
-0.130 (-2.93%)
At close: Apr 24, 2024, 3:32 PM
4.800
+0.490 (11.37%)
After-hours: Apr 24, 2024, 7:42 PM EDT
-2.93%
Market Cap 13.67M
Revenue (ttm) n/a
Net Income (ttm) -7.72M
Shares Out 3.17M
EPS (ttm) -2.63
PE Ratio n/a
Forward PE 0.17
Dividend n/a
Ex-Dividend Date n/a
Volume 5,021
Open 4.696
Previous Close 4.440
Day's Range 4.290 - 4.726
52-Week Range 2.460 - 8.610
Beta 0.92
Analysts Strong Buy
Price Target 39.00 (+804.87%)
Earnings Date May 9, 2024

About EDSA

Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. 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 vanishing cream containing non-steroidal anti-inflammatory compound that has completed Phase 2b clinical study to treat chronic allergic cont... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2015
Employees 16
Stock Exchange NASDAQ
Ticker Symbol EDSA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for EDSA stock is "Strong Buy." The 12-month stock price forecast is $39.0, which is an increase of 804.87% from the latest price.

Price Target
$39.0
(804.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Edesa Biotech to Participate in Bloom Burton Healthcare Investor Conference

TORONTO, ON / ACCESSWIRE / April 11, 2024 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory disea...

13 days ago - Accesswire

Edesa Biotech to Participate in Upcoming Investor Conferences

TORONTO, ON / ACCESSWIRE / April 2, 2024 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseas...

22 days ago - Accesswire

Edesa Biotech to Participate in HC Wainwright Autoimmune & Inflammatory Conference

TORONTO, ON / ACCESSWIRE / March 21, 2024 / Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory disea...

4 weeks ago - Accesswire

Edesa Biotech to Participate in Barclays Global Healthcare Conference

TORONTO, ON / ACCESSWIRE / March 7, 2024 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseas...

6 weeks ago - Accesswire

Edesa Biotech to Participate in Upcoming Dermatology Meetings

TORONTO, ON / ACCESSWIRE / March 4, 2024 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseas...

7 weeks ago - Accesswire

Edesa Biotech Reports Fiscal 1st Quarter 2024 Results

TORONTO, ON / ACCESSWIRE / February 9, 2024 / Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory dis...

2 months ago - Accesswire

Edesa Biotech to Participate in Dermatology Summit and JP Morgan Week

TORONTO, ON / ACCESSWIRE / January 4, 2024 / Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory dise...

3 months ago - Accesswire

Edesa Biotech Reports Fiscal Year 2023 Results

TORONTO, ON / ACCESSWIRE / December 15, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory di...

4 months ago - Accesswire

Edesa Biotech Reports Final Phase 2b Results for Dermatitis Study

1.0% Formulation Reached Primary Endpoint with Statistical Significance Full Analysis Identified Additional Efficacy Signals TORONTO, ON / ACCESSWIRE / November 20, 2023 / Edesa Biotech, Inc. (NASDAQ:...

5 months ago - Accesswire

Edesa Biotech to Present at Dermatology Drug Development Summit

TORONTO, ON / ACCESSWIRE / October 26, 2023 / Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, announced today that Dr...

6 months ago - Accesswire

Regulators Approve Updated Phase 3 Trial Design for Edesa Biotech's ARDS Drug

TORONTO, ON / ACCESSWIRE / October 25, 2023 / Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, today announced that He...

6 months ago - Accesswire

Edesa Biotech Secures $10 Million Credit Facility with Company Founder

Revolving Line of Credit to Support Completion of Government-Funded ARDS Study TORONTO, ON / ACCESSWIRE / October 12, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA) ("Edesa", or the "Company"), a clinical-s...

6 months ago - Accesswire

Edesa Biotech to Receive Up To C$23 Million in Funding from Federal Government

TORONTO, ON / ACCESSWIRE / October 12, 2023 / Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, has secured a commitmen...

6 months ago - Accesswire

Edesa Biotech Announces One-for-Seven Reverse Share Split

TORONTO, ON / ACCESSWIRE / October 10, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA) ("Edesa" or the "Company"), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseas...

7 months ago - Accesswire

Edesa Biotech Publishes Phase 2 Substudy Results of ARDS Drug Candidate

Company's host-directed therapeutic, EB05 (paridiprubart), demonstrated a statistically significant mortality reduction among critically ill patients with severe respiratory disease TORONTO, ON / ACCE...

7 months ago - Accesswire

Edesa Biotech Reports Fiscal Third Quarter 2023 Results

TORONTO, ON / ACCESSWIRE / August 9, 2023 / Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, today reported financial ...

9 months ago - Accesswire

Edesa Biotech to Participate in Upcoming Canaccord Genuity Growth Conference

TORONTO, ON / ACCESSWIRE / July 26, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, announced today that the c...

9 months ago - Accesswire

Edesa Biotech's ARDS Drug Inhibits Inflammation from Influenza and Other Pathogens

Positive Findings Support Potential Expanded Uses for Paridiprubart TORONTO, ON / ACCESSWIRE / June 28, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on ...

10 months ago - Accesswire

Edesa Biotech Appoints Biotech Deal Veteran to CFO Role

TORONTO, ON / ACCESSWIRE / June 27, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, today announced that the c...

10 months ago - Accesswire

Edesa Biotech Anti-Inflammatory Drug Candidate Assigned Name

TORONTO, ON / ACCESSWIRE / June 15, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, announced today the assign...

11 months ago - Accesswire

Edesa Biotech Reports Fiscal 2nd Quarter 2023 Results

TORONTO, ON / ACCESSWIRE / May 11, 2023 / Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, today reported financial re...

1 year ago - Accesswire

Edesa Biotech to Participate in Swiss Biotech Day

TORONTO, ON / ACCESSWIRE / April 20, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, announced today that the ...

1 year ago - Accesswire

The WHO and USAN Adopt Generic Name for Edesa's ARDS Drug Candidate

International name assignment is a key step in Edesa's development and commercialization plans TORONTO, ON / ACCESSWIRE / April 4, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmac...

1 year ago - Accesswire

Edesa Biotech to Participate in HC Wainwright Autoimmune & Inflammatory Disease Conference

TORONTO, ON / ACCESSWIRE / March 23, 2023 / Edesa Biotech, Inc. (NASDAQ:EDSA), a clinical-stage biopharmaceutical company focused on inflammatory and immune-related diseases, announced today that the ...

1 year ago - Accesswire

Edesa Biotech to Present Favorable Dermatitis Drug Results at American Academy of Dermatology Association Annual Meeting

TORONTO, ON / ACCESSWIRE / March 16, 2023 / Edesa Biotech, Inc. announced today that the company has been selected to present clinical trial data from a Phase 2B multi-dose study of its EB01 drug cand...

1 year ago - Accesswire