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Palisade Bio's stock soared 51.5% on promising Ulcerative Colitis trial results, funding further research.
Palisade Bio Inc.'s stock rose 51.5% to $2.12 on Thursday, trading 26.97 million shares.
The company priced a $5 million underwritten public offering to fund the Phase 1 trial of PALI-2108, pre-clinical studies, and working capital.
Palisade Bio revealed promising preliminary results from their Phase 1 human study for Ulcerative Colitis and expects to report topline data in the first half of 2025.
4 months ago
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