2.49
+16.36%
Close of 9 Nov 2026, in USD
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About Edesa Biotech
From its filings with the US Securities and Exchange Commission
Edesa Biotech is based in Toronto and is incorporated in British Columbia, Canada. Its shares trade on Nasdaq under the ticker EDSA. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 30 September 2021, it reported revenue of $0.
We are a biopharmaceutical company developing innovative ways to treat inflammatory and immune-related diseases. Our approach is to acquire, develop and commercialize drug candidates based on mechanisms of action that have demonstrated proof-of-concept in human subjects. We prioritize our efforts on disease indications where there is compelling scientific rationale, no approved therapies or where there are unmet medical needs, and where there are large addressable market opportunities, among other factors. Our clinical pipeline is focused on two therapeutic areas: Medical Dermatology and Respiratory.
In Medical Dermatology we are developing EB06, an anti-CXCL10 monoclonal antibody candidate, as a therapy for vitiligo, a common autoimmune disorder that causes skin to lose its color in patches. CXCL10 has been shown to play a key role in the disease, and neutralization of CXCL10 has been demonstrated to both prevent and reverse depigmentation in animal models. To date, EB06 has demonstrated a favorable safety and tolerability profile. We have received regulatory approval from Health Canada to conduct a Phase 2 proof of concept study of EB06 in patients with moderate-to-severe nonsegmental vitiligo and we are in discussions with the U.S. Food and Drug Administration (“FDA”) for the same study. Subject to regulatory approval, we anticipate initiating enrollment by midyear 2026.
Quoted from its 10-K, filed 12 Dec 2025. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Biotechnology
- Listed since
- 25 Aug 2008
- Employees
- 17
- Website
- edesabiotech.com ↗
- Head office
- C/O FASKEN MARTINEAU DUMOULIN LLP, TORONTO, M5H 2T6
- Incorporated in
- A1
- Classification
- Pharmaceutical Preparations
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Carlo SistilliIndependent Chairman of the Board$65,000
- Dr. Michael BrooksPresident$428,987
- Dr. Pardeep NijhawanChief Executive Officer, Corporate Secretary, Director, since 2019$464,728
- Mr. Peter WeilerChief Financial Officer
- Ms. Joan ChypyhaIndependent Director$51,500
- Dr. David LiuIndependent Director
- Mr. Sean MacdonaldIndependent Director$35,000
- Mr. Patrick MarshallIndependent Director$47,000
- Dr. Charles OlsonIndependent Director$44,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Edesa Biotech's lead product EB01 targets chronic allergic contact dermatitis with clear unmet medical needs.
- The company's pipeline includes EB02 for hemorrhoids disease and EB04 for anal fissures.
- Edesa Biotech focuses on clinical-stage drugs for inflammatory and immune-related diseases.
Weaknesses
- Edesa Biotech employs only 12 full-time employees in Markham, Ontario.
- The company's IPO was on 25 August 2008, indicating limited market presence.
- Edesa Biotech has a small employee count of 17 total employees.
Opportunities
- Edesa Biotech's EB01 is in clinical development for dermatological indications.
- The company's pipeline offers potential for biologic drug candidates in therapeutic applications.
- Edesa Biotech can expand its focus on gastrointestinal indications for new markets.
Threats
- Edesa Biotech faces competition in the biopharmaceutical sector for inflammatory diseases.
- The company's small size may limit its ability to compete with larger biotech firms.
- Edesa Biotech's clinical-stage drugs require significant investment for development.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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