earnings
confidence high
sentiment positive
materiality 0.65
Edesa reports FY2025 net loss $7.2M; Phase 3 paridiprubart meets endpoints
Edesa Biotech, Inc.
- Net loss $7.2M ($1.27/share) vs $6.2M ($1.93/share) prior year; OpEx $7.9M.
- Cash $10.8M at Sept 30, 2025; raised $3.4M net from ATM post-year-end.
- Phase 3 paridiprubart met primary/secondary endpoints; exploring partnerships.
- Initiated manufacturing for Phase 2 EB06 vitiligo study; recruitment mid-2026.
- Canadian gov't funding extended for respiratory program; JP Morgan meetings planned Jan 2026.