Grab Sources: PALI Website. PALI Presentation.
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As mentioned above, (Nasdaq: PALI) has multiple potential catalysts to consider right now. Take a look:
No. 1 PALI Potential Catalyst - Could A Low Float Create A Volatile Situation In A Blink?
According to info from the Yahoo Finance website, PALI has a very low float.
In fact, the website reports this profile to have approx. 1.18Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility potential.
Could more positive company news in the first half of 2025 provide a near term spark?
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No. 2 PALI Potential Catalyst - Positive Preclinical Data Signals PALI-2108 Heading In The Right Direction.
Palisade Bio Presents Positive Preclinical Data of PALI-2108 for the Treatment of Ulcerative Colitis
From the article:
"UC patients need new oral therapies with higher remission rates, less systemic immunosuppression, and a strong safety profile. We continue to be encouraged by our preclinical and clinical results for PALI-2108, and we believe PALI-2108 could be an important option for these patients," said Mitch Jones, MD, Ph.D., Chief Medical Officer of Palisade Bio. "We are on track to report topline data in the first half of 2025 and are excited to continue exploring this novel, oral, intestinally activated PDE4 inhibitor."
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No. 3 PALI Potential Catalyst - A Potential Upside Over 1,500% To An Analyst $14 Target?
Analysts at Ladenburg Thalmann Co. Inc.—a firm with NYSE membership since 1879—published a report mentioning Palisade Bio, Inc. (Nasdaq: PALI).
Ladenburg is a diversified financial services company with a history in in-vest-ment banking, equity research, institutional sales and trading, brokerage services, asset management, and trust services.
Setting a $14 target for PALI, these analysts may be suggesting that this Nasdaq profile is undervalued at current levels.
In fact, from PALI's opening valuation of $.8425 on Tuesday, there may be as much as 1,500+% potential upside.
That's massive...
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No. 4 PALI Potential Catalyst - Palisade Announces Receipt Of CAD$1.39Mn As Reimbursement Of Prior Pre-Clinical Costs.
Palisade Bio, Inc. Announces Receipt of Cash Proceeds from Canada's SR&ED Tax Incentive Program for Reimbursement of Development Costs of PALI-2108 for Treatment of Ulcerative Colitis (UC)
Company through its co-development partner, Giiant Pharma, Inc. ("Giiant"), receives funding from Canadian Scientific Research and Experimental Development (SR&ED) Tax Credit Program for PALI-2108
Ongoing progress of Palisade Bio's Phase 1a/b UC study of PALI-2108 with topline data expected in the first half of 2025
Carlsbad, CA, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) ("Palisade", "Palisade Bio", or the "Company"), a clinical-stage biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases, today announced the receipt of CAD$1.39Mn Canadian SR&ED credits for reimbursement of prior pre-clinical costs for PALI-2108 incurred under the company's joint development plan with Giiant.
"This non-dilutive funding, which resulted from our pre-clinical studies previously conducted in Montreal under our co-development agreement with Giiant, bolsters our efforts to potentially bring a solution to patients," said JD Finley, Chief Executive Officer of Palisade Bio, "We are pleased with the continued progress made with our PALI-2108 program and look forward to reporting topline data in the first half of 2025 from our ongoing Phase 1a/b study."
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Read the full article here.
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(Nasdaq: PALI) Potential Catalysts Recap - What To Know Now
No. 1 - Could A Low Float Create A Volatile Situation In A Blink?
No. 2 - Positive Preclinical Data Signals PALI-2108 Heading In The Right Direction.
No. 3 - A Potential Upside Over 1,500% To An Analyst $14 Target?
No. 4 - Palisade Announces Receipt Of CAD$1.39Mn As Reimbursement Of Prior Pre-Clinical Costs.
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Coverage is officially initiated on Palisade Bio, Inc. (Nasdaq: PALI).
When updates are available, you'll have them quickly. Talk again shortly.
Sincerely,
Kai Parker
StockWireNews
(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)
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