Price Alert: Shares of Edesa (EDSA) Trade 25.44% Higher at Midday August 5

Equities Staff  |

Today Edesa Biotech Inc (NASDAQ: EDSA) is trading 25.44% up.

The latest price, as of 11:51:44 est, was $2.08. Edesa has risen $0.43 so far today.

104,317 shares have traded hands.

As of the previous close, Edesa has moved YTD 65.72%. The company is set to release earnings on 2022-08-11.

For technical charts, analysis, and more on Edesa visit the company profile.

About Edesa Biotech Inc

Edesa Biotech, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative treatments for inflammatory and immune-related diseases with clear unmet medical needs. The company's two lead product candidates, EB05 and EB01, are in later stage clinical studies. EB05 is a monoclonal antibody therapy that it's developing as a treatment for Acute Respiratory Distress Syndrome (ARDS) in COVID-19 patients. ARDS is a life-threatening form of respiratory failure, and the leading cause of death among COVID-19 patients. Edesa is also developing an sPLA2 inhibitor, designated as EB01, as a topical treatment for chronic allergic contact dermatitis (ACD), a common, potentially debilitating condition and occupational illness. EB01 employs a novel, non-steroidal mechanism of action and in two clinical studies has demonstrated statistically significant improvement of multiple symptoms in ACD patients. The company is based in Markham, Ontario, Canada, with a U.S. subsidiary located in Southern California.

To get more information on Edesa Biotech Inc and to follow the company's latest updates, you can visit the company's profile page here: Edesa Biotech Inc's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Symbol info widget is provided by TradingView based on 15-minute-delayed prices. All other article data is provided by IEX Cloud on 15-minute delayed prices or EOD company info.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

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