Edesa Biotech Pushes Forward To Phase 2b Study For Lead Clinical Product [Seeking Alpha]
Edesa Biotech, Inc. - Common Shares (EDSA)
Company Research
Source: Seeking Alpha
Edesa Biotech Pushes Forward To Phase 2b Study For Lead Clinical Product Summary Edesa Biotech received go ahead from FDA to initiate its phase 2b study using EB01 to treat patients with chronic contact dermatitis. There are many other forms of therapies for contact dermatitis such as corticosteroids, antibiotics, and topical creams, but EB01 is being used to treat the root cause of disease. The market opportunity is a large one for contact dermatitis because it is estimated that 13.2 million people in the United States get it. Edesa Biotech came about as the result of a merger with Stellar Biotechnologies and a reverse stock split in June of 2019; its guidance for cash on hand should be more in depth in the upcoming earnings report. EDSA Massive Potential Based On Mechanism Of Action The FDA allowing Edesa to proceed with the phase 2b study using EB01 is very good news. It was all made possible when the FDA sent a "safe to proceed' letter, letting the biotech know the protocol to beg
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EDSA
News
- Edesa Biotech’s Founder Makes Strategic Investment in the Company [Canadian Business Journal (Canada)]Canadian Business Journal
- Edesa Biotech’s Founder Makes Strategic Investment in the CompanyGlobeNewswire
- Edesa Biotech Announces Upcoming Conference Schedule [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Edesa Biotech Announces Upcoming Conference ScheduleGlobeNewswire
- Pardeep Nijhawan Provides Update to Beneficial Ownership of Securities of Edesa Biotech, Inc. [Financial Post (Toronto, Ontario, Canada)]Financial Post
EDSA
Sec Filings
- 11/12/24 - Form 4
- 11/1/24 - Form SC
- 11/1/24 - Form 4
- EDSA's page on the SEC website