Palisade Bio, Inc. (PALI)

NASDAQ: PALI · IEX Real-Time Price · USD
0.546
-0.034 (-5.79%)
At close: Sep 22, 2023, 4:00 PM
0.540
-0.006 (-1.17%)
After-hours: Sep 22, 2023, 7:58 PM EDT
-5.79%
Market Cap 5.03M
Revenue (ttm) 250,000
Net Income (ttm) -13.44M
Shares Out 9.20M
EPS (ttm) -3.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 307,013
Open 0.580
Previous Close 0.580
Day's Range 0.530 - 0.586
52-Week Range 0.530 - 8.540
Beta 1.34
Analysts Strong Buy
Price Target 33.00 (+5,939.53%)
Earnings Date Nov 13, 2023

About PALI

Palisade Bio, Inc., a clinical-stage biopharmaceutical company, focuses on focuses on developing therapeutics that protect the integrity of the intestinal barrier in the United States. The company's lead therapeutic candidate is LB1148, an oral liquid formulation of the digestive enzyme inhibitor tranexamic acid to reduce the formation of postoperative adhesions, postoperative ileus, and return of bowel function in adults. It has a license agreement with the Regents of the University of California; and co-development and distribution agreement ... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 1996
Employees 12
Stock Exchange NASDAQ
Ticker Symbol PALI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PALI stock is "Strong Buy." The 12-month stock price forecast is $33.0, which is an increase of 5,939.53% from the latest price.

Price Target
$33.0
(5,939.53% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Palisade Bio Announces Closing of $2 Million Registered Direct Offering Priced At Market Under Nasdaq Rules

Carlsbad, CA, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI), a biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complications, is announ...

12 days ago - GlobeNewsWire

Palisade Bio Appoints GI Clinical Expert and Biotech Entrepreneur Mitchell Jones, M.D., Ph.D. as Chief Medical Officer

Announces Awarding of Inducement Grant to New Chief Medical Officer Carlsbad, CA, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade” or the “Company”), a biopharmaceutica...

12 days ago - GlobeNewsWire

Palisade Bio Announces $2 Million Registered Direct Offering of Common Stock Priced At Market Under Nasdaq Rules

Carlsbad, CA, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI), a biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complications, is announ...

16 days ago - GlobeNewsWire

Palisade Bio's stock more than doubles on news of licensing deal with Giiant Pharma for IBD therapies

Palisade Bio Inc.'s stock PALI more than doubled in price on Wednesday, after the company announced a licensing agreement with privately held Giiant Pharma Inc. Carlsbad, Calif.-based Palisade said th...

17 days ago - Market Watch

Palisade Bio Transforms GI-Focused Pipeline Through Exclusive Worldwide Licensing Agreement with Giiant Pharma, Inc. for Multiple Oral Drug Candidates Targeting Inflammatory Bowel Disease

– Lead program, GT-2108 for the treatment of moderate-to-severe ulcerative colitis advancing toward completion of I ND-enabling studies with IND filing expected by Q3 2024

17 days ago - GlobeNewsWire

Palisade Bio Reports Second Quarter 2023 Financial Results

– Company accelerating late-stage corporate development activities to in-license/acquire synergistic assets to build GI-focused pipeline

6 weeks ago - GlobeNewsWire

Palisade Bio Announces Topline Results from U.S. Phase 2 PROFILE Study Evaluating LB1148 for Post-Surgical Abdominal Adhesions

– Study did not achieve primary efficacy endpoint of reducing adhesions in LB1148 treated patients compared to placebo treated patients post bowel resection surgery

6 weeks ago - GlobeNewsWire

Palisade Bio Announces Completion of Enrollment in LB1148 Dose Optimization Study

Topline data expect ed in Q3 2023 Carlsbad, CA, July 05, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (the “Company”), a biopharmaceutical company advancing therapies for acute and chron...

2 months ago - GlobeNewsWire

Palisade Bio Participate in the Healthcare Virtual Conference Presented by Maxim Group LLC and Hosted by M-Vest

Live webcast fireside chat on Thursday, June 22 nd at 11:30 AM ET

3 months ago - GlobeNewsWire

Palisade Bio Promotes J.D. Finley to Chief Executive Officer

Carlsbad, CA, June 01, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc.  (Nasdaq: PALI) (“Palisade” or the “Company”), a biopharmaceutical company advancing therapies for acute and chronic gastrointestinal...

4 months ago - GlobeNewsWire

Palisade Bio's LB1148 Two Ongoing Clinical Trials Expecting Topline Data Readouts

Company approaching Phase 2 t opline dat a readout for prevention of post-surgical abdominal adhesions

4 months ago - GlobeNewsWire

Palisade Bio Reports First Quarter 2023 Financial Results

Company has sufficient cash expected to fund operations through 2024

4 months ago - GlobeNewsWire

Palisade Bio Announces Enrollment and Dosing of First Patient in LB1148 Dose Optimization Study

Study designed to determine if a different dosing protocol for all indications might enhance the risk profile of LB1148 while simultaneously providing effica cy

4 months ago - GlobeNewsWire

Palisade Bio Receives Canadian Patent Covering Composition of Lead Program in Development, LB1148

Carlsbad, CA, April 06, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (the “Company”), a biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complica...

6 months ago - GlobeNewsWire

Palisade Bio Announces Enrollment of First Patient in Newsoara Phase 3 Clinical Trial Evaluating LB1148

Enrollment t riggers m ilestone p ayment

6 months ago - GlobeNewsWire

Palisade Bio Reports Year End 2022 Financial Results and Provides Corporate Update

Phase 2 t opline dat a readout for prevention of post-surgical abdominal adhesions o n track for Q2 2023

6 months ago - GlobeNewsWire

Palisade Bio Receives Intention to Grant from European Patent Office for LB1148 Patent

Carlsbad, CA, March 01, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (the “Company”), a clinical stage biopharmaceutical company advancing therapies for acute and chronic gastrointestina...

7 months ago - GlobeNewsWire

Palisade Bio Promotes Robert McRae to Chief Operating Officer

Mr. McRae is an i ndustry veteran with a proven track record of operational , clinical , and strategic business development execution

8 months ago - GlobeNewsWire

Palisade Bio Further Strengthens Balance Sheet with Early Exercise of Warrants Resulting in Cash Proceeds of $4.9 Million

Proceeds expected to extend cash runway to fund operations into the second half of 2024

9 months ago - GlobeNewsWire

Palisade Bio to Present at the Virtual Investor 2023 Companies to Watch Event

Live video webcast on Tuesday, January 17 th at 3:00 PM ET

9 months ago - GlobeNewsWire

Palisade Bio Announces Closing of $2.5 Million Registered Direct Offering and Concurrent Private Placement Priced Above Market Under Nasdaq Rules

Carlsbad, CA, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI), a clinical stage biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complicati...

9 months ago - GlobeNewsWire

Palisade Bio Announces $2.5 Million Registered Direct Offering and Concurrent Private Placement Priced Above Market Under Nasdaq Rules

Carlsbad, CA, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI), a clinical stage biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complicati...

9 months ago - GlobeNewsWire

Palisade Bio Provides Update on U.S. Phase 2 Study Evaluating LB1148 for Post-Surgical Abdominal Adhesions

Topline data readout from study expected i n first half of 2023

10 months ago - GlobeNewsWire

Palisade Bio Announces Early Exercise of Warrants Resulting in Cash Proceeds of $1.25 Million

Proceeds extend cash runway to fund operations into early 2024

10 months ago - GlobeNewsWire

Palisade Bio Regains Compliance with Nasdaq Listing Requirements

Carlsbad, CA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI), a clinical stage biopharmaceutical company advancing therapies for acute and chronic gastrointestinal (GI) complicati...

10 months ago - GlobeNewsWire