other material
confidence high
sentiment neutral
materiality 0.50
Silo Pharma provides pipeline update, cites $12M cash and zero debt
Silo Pharma, Inc.
- Cash over $12M, no debt, listed on Nasdaq; pursuing 505(b)(2) pathway for several assets.
- SP-26 (ketamine for fibromyalgia) preparing pre-IND submission; safety evaluation underway.
- SPU-16 (MS) and SPU-21 (RA) under license from University of Maryland; SPU-21 inhibited arthritis in preclinical model.
- SPC-14 (Alzheimer's) showed proof-of-concept in mouse model; SPC-15 (PTSD) under Columbia option.
- Sponsored clinical study with UCSF on psilocybin's anti-inflammatory effects.