Palisade Bio Provides Corporate Update and Reiterates Guidance
Carlsbad, CA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade” or the “Company”), a biopharmaceutical company focused on developing novel therapeutics for serious chronic gastrointestinal (GI) diseases, today provided a corporate update and reiterated upcoming milestones.
- “We continue to make significant development progress with PALI-2108, our lead program.
- The program is providing us with a growing body of data that we find encouraging, including support for a precision medicine approach,” commented J.D.
- Although smaller, we believe the reconstituted board better matches our stage of development while retaining ethnic and gender diversity.
- PALI-2108 is an orally administered, locally acting colon-specific phosphodiesterase-4B (PDE4B) inhibitor prodrug in development for patients affected by UC.