“The Buzz” Show: Edesa Biotech (NASDAQ: EDSA) Clinical Study for Covid-19 Treatment | Financial Buzz

“The Buzz” Show: Edesa Biotech (NASDAQ: EDSA) Clinical Study for Covid-19 Treatment

FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Edesa Biotech Announces Positive Phase 2 Data of Its Monoclonal Antibody in Hospitalized COVID-19 Patients

Edesa Biotech, Inc.  (NASDAQ: EDSA) surged over 60% in premarket trading after the company announced positive results from the Phase 2 part of an ongoing Phase 2/3 clinical study evaluating the company’s monoclonal antibody candidate.

While the Phase 2 portion was primarily designed to refine patient stratification and statistical powering for the Phase 3 study, the DSMB concluded that “a clinically important efficacy signal” was detected and that the study has “met its objective.”

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 we are developing as a treatment for Acute Respiratory Distress Syndrome (ARDS).

For more information, please visit: Edesa Biotech, Inc. 

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