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EDSA Overview

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$
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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
6.270
Open
5.650
VWAP
5.88
Vol
180.12K
Mkt Cap
55.80M
Low
5.580
Amount
1.06M
EV/EBITDA(TTM)
--
Total Shares
9.62M
EV
49.94M
EV/OCF(TTM)
--
P/S(TTM)
--
Edesa Biotech, Inc. is a clinical-stage biopharmaceutical company developing ways to treat inflammatory and immune-related diseases. The Company’s clinical pipeline is focused on two therapeutic areas: medical dermatology and respiratory. In medical dermatology, the Company is 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. Its medical dermatology assets also include EB01 (1.0% daniluromer cream), a Phase III-ready asset developed for use as a potential therapy for moderate-to-severe chronic allergic contact dermatitis (ACD), a common occupational skin condition. The Company’s advanced respiratory drug candidate is EB05 (paridiprubart), which is being evaluated in a United States government-funded platform study as a treatment for acute respiratory distress syndrome.
Show More

Events Timeline

(ET)
2026-06-11
09:30:00
Edesa Biotech Enters Securities Purchase Agreement for $3.5M Financing
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2026-05-19 (ET)
2026-05-19
09:40:00
Edesa Biotech Trading Halted Due to Volatility
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2026-04-28 (ET)
2026-04-28
10:10:00
Edesa Biotech Inc Trading Halted
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2026-03-26 (ET)
2026-03-26
09:30:00
Edesa Biotech Confirms Enrollment Timeline for EB06 Clinical Study
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2026-02-24 (ET)
2026-02-24
09:30:00
Edesa Biotech Reports Significant 28-Day Mortality Reduction with Paridiprubart
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2026-02-13 (ET)
2026-02-13
16:30:00
Edesa Advances Vitiligo Study Plans and EB06 Program
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2025-12-15 (ET)
2025-12-15
16:21:00
Major Averages Decline as Markets Enter Final Week of 2025
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2025-12-15
12:00:00
Major Averages Lower as Investors Focus on Economic Indicators
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News

NASDAQ.COM
8.5
06-12NASDAQ.COM
Edesa Biotech Announces PIPE Placement to Raise $3.5 Million
  • Funding Initiative: Edesa Biotech has announced a Private Investment in Public Equity (PIPE) placement with healthcare investors and its CEO, planning to issue 729,241 shares at $4.69 for general investors and $5.21 for the CEO, with gross proceeds estimated at $3.5 million.
  • Stock Price Reaction: Following the financing announcement, Edesa Biotech's shares surged over 8%, closing at $5.65, indicating a positive market response to the funding plan, with pre-market trading at $5.70, reflecting a 0.88% increase.
  • Use of Proceeds: The company intends to utilize the proceeds for developing its vitiligo program and advancing Paridiprubart, a potential treatment for advanced respiratory distress syndrome, highlighting its strategic focus in the biopharmaceutical sector.
  • Transaction Timeline: The PIPE placement is expected to close on June 15, 2026, marking a significant step in the company's capital market activities and potentially providing funding support for future product development.
seekingalpha
8.5
06-11seekingalpha
Edesa Biotech Secures $3.5 Million in PIPE Financing
  • Financing Agreement: Edesa Biotech announced a securities purchase agreement with investors, expected to raise approximately $3.5 million in gross proceeds, reflecting market confidence in its future development.
  • Investor Composition: The financing includes participation from the company's CEO and healthcare-focused investors, indicating internal recognition of the company's prospects, which may bolster confidence among external investors.
  • Share Sale Details: Edesa will sell 729,241 common shares at $4.69 per share to investors, while the CEO's purchase price is set at $5.21 per share, reflecting a positive outlook from management on the company's value.
  • Planned Use of Funds: The company intends to use the proceeds to advance its vitiligo program and drug candidate paridiprubart, as well as for working capital and general corporate purposes, demonstrating its focus on R&D and strategic positioning for future growth.
Newsfilter
8.5
06-11Newsfilter
Edesa Biotech Secures $3.5 Million PIPE Financing
  • Financing Agreement Reached: Edesa Biotech has entered into a PIPE financing agreement expected to generate approximately $3.5 million in gross proceeds, which will be utilized to advance the company's vitiligo program and fund working capital.
  • Share Sale Details: The company plans to sell 729,241 common shares at a price of $4.69 per share, with the CEO purchasing at $5.21 per share, reflecting management's confidence in the company's future prospects.
  • Clear Use of Proceeds: Edesa expects to use the net proceeds from the PIPE to support the further development of its drug candidate paridiprubart, aimed at treating Acute Respiratory Distress Syndrome, thereby enhancing its competitive position in the biopharmaceutical sector.
  • Compliance and Registration Statement: The securities will be offered under Section 4(a)(2) of the Securities Act of 1933, with Edesa committing to file a registration statement with the SEC within 45 days post-closing, ensuring compliance and paving the way for future capital market activities.
Newsfilter
9.0
06-05Newsfilter
Edesa Biotech Reports New Data on Acute Kidney Injury
  • Clinical Data Highlights: Edesa Biotech presented positive exploratory data for its anti-TLR4 monoclonal antibody paridiprubart at the 63rd European Renal Association Congress, showing a 32% relative reduction in 28-day mortality among 101 AKI patients, providing crucial clinical evidence for its use in high-risk populations.
  • Significant Mortality Reduction: In AKI patients receiving paridiprubart plus standard of care, the 28-day mortality rate dropped to 33% (95% CI: 28%-39%) compared to 49% (95% CI: 41%-57%) in the placebo group, indicating the drug's potential efficacy and paving the way for further research in ARDS patients.
  • Reduced Kidney Events: Using the same multivariate logistic regression methodology, the incidence of Major Adverse Kidney Events (MAKE30) decreased from 53% to 41% at 30 days with paridiprubart plus standard care, reflecting a 23% relative reduction and suggesting the drug's potential in improving kidney outcomes, which may inform future clinical trial designs.
  • Good Safety Profile: Paridiprubart demonstrated good safety in the AKI subgroup, with low overall rates of adverse events and serious adverse events showing no significant differences compared to the placebo group, establishing a foundation for its broader clinical application.
NASDAQ.COM
8.5
05-20NASDAQ.COM
Biotech Stocks Surge Significantly
  • MetaVia Stock Surge: MetaVia Inc. (MTVA) shares soared over 69% to $1.88 yesterday, driven by promising safety and tolerability results from its lead drug candidate DA-1726, with data expected in Q4 2026, potentially enhancing the company's market position in cardiometabolic diseases.
  • Co-Diagnostics Benefits from Ebola Outbreak: Co-Diagnostics Inc. (CODX) saw its stock rise over 43% to $1.97, following the completion of assay development for the Bundibugyo virus amid an Ebola outbreak in the DRC and Uganda, likely increasing demand and revenue in the molecular diagnostics market.
  • Edesa to Present New Data: Edesa Biotech Inc. (EDSA) shares jumped over 33% to $11.95, as the company prepares to present new data on Paridiprubart for acute kidney injury at the 2026 ERA Congress, potentially solidifying its innovative position in treating immune-related diseases.
  • Adial Drug Development Progress: Adial Pharmaceuticals Inc. (ADIL) stock rose nearly 28% to $2.06, as its drug AD04 for Alcohol Use Disorder is set to enter a new Phase 3 trial, with earlier results showing promising efficacy in heavy drinkers, potentially opening new market opportunities for the company.
stocktwits
1.0
05-19stocktwits
Edesa to Present at 63rd European Renal Congress
  • Key Conference Presentation: Edesa will deliver an oral presentation at the 63rd European Renal Association Congress from June 3-6 in Glasgow, Scotland, showcasing data from its acute kidney injury study, which is expected to enhance its visibility in the nephrology field.
  • Clinical Data Highlights: The latest study from Edesa indicates that paridiprubart significantly reduces mortality in patients with acute kidney injury, aligning with its established mechanism, reflecting the drug's potential in addressing the urgent market need for effective therapies.
  • Financial Overview: As of the end of March, Edesa reported $10 million in cash and cash equivalents and $8.2 million in working capital, providing a solid financial foundation for ongoing research and development despite remaining pre-revenue.
  • Positive Market Reaction: Following the announcement of the conference presentation, Edesa's stock surged by 34%, with a remarkable 506% increase over the past 12 months, indicating strong market optimism about its future potential, while analysts maintain a 'Buy' rating with a $14 price target, suggesting a 56% upside.
Wall Street analysts forecast EDSA stock price to rise
1 Analyst Rating
Wall Street analysts forecast EDSA stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
5.00
Averages
5.00
High
5.00
Current: 0.000
sliders
Low
5.00
Averages
5.00
High
5.00
H.C. Wainwright
Yi Chen
initiated
$5
AI Analysis
2025-06-27
Reason
H.C. Wainwright
Yi Chen
Price Target
$5
AI Analysis
2025-06-27
initiated
Reason
H.C. Wainwright analyst Yi Chen assumed coverage of Edesa Biotech with a Buy rating and $5 price target. Edesa is a clinical stage biopharmaceutical company primarily focused on the development of novel treatments for dermatology and respiratory indications, the analyst tells investors in a research note. The firm says the company's lead drug candidate EB06 has a favorable safety and tolerability profile for treating vitiligo.

Valuation Metrics

The current forward P/E ratio for Edesa Biotech Inc (EDSA.O) is 0.18, compared to its 5-year average forward P/E of -2.18. For a more detailed relative valuation and DCF analysis to assess Edesa Biotech Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-2.18
Current PE
0.18
Overvalued PE
-0.64
Undervalued PE
-3.71

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-0.22
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.98
Undervalued EV/EBITDA
-1.43

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
2.71
Current PS
0.00
Overvalued PS
8.84
Undervalued PS
-3.42

Financials

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Frequently Asked Questions

What is Edesa Biotech Inc (EDSA) stock price today?

The current price of EDSA is 5.8 USD — it has increased 2.65

What is Edesa Biotech Inc (EDSA)'s business?

Edesa Biotech, Inc. is a clinical-stage biopharmaceutical company developing ways to treat inflammatory and immune-related diseases. The Company’s clinical pipeline is focused on two therapeutic areas: medical dermatology and respiratory. In medical dermatology, the Company is 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. Its medical dermatology assets also include EB01 (1.0% daniluromer cream), a Phase III-ready asset developed for use as a potential therapy for moderate-to-severe chronic allergic contact dermatitis (ACD), a common occupational skin condition. The Company’s advanced respiratory drug candidate is EB05 (paridiprubart), which is being evaluated in a United States government-funded platform study as a treatment for acute respiratory distress syndrome.

What is the price predicton of EDSA Stock?

Wall Street analysts forecast EDSA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EDSA is5.00 USD with a low forecast of 5.00 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Edesa Biotech Inc (EDSA)'s revenue for the last quarter?

Edesa Biotech Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is Edesa Biotech Inc (EDSA)'s earnings per share (EPS) for the last quarter?

Edesa Biotech Inc. EPS for the last quarter amounts to -0.49 USD, increased 63.33

How many employees does Edesa Biotech Inc (EDSA). have?

Edesa Biotech Inc (EDSA) has 17 emplpoyees as of June 15 2026.

What is Edesa Biotech Inc (EDSA) market cap?

Today EDSA has the market capitalization of 55.80M USD.