BUZZ-Palisade Bio rises; bowel disease drug set for global conference spotlight

Reuters
2026.01.16 14:20
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Shares of Palisade Biorose 1.7% to $1.78 premarket as the company announced its experimental ulcerative colitis drug, PALI-2108, will be featured at two major medical conferences next year. Early-stage data indicates all patients responded positively with no serious safety issues. Presentations are scheduled for the Crohn’s & Colitis Congress in Las Vegas and the European Crohn’s and Colitis Organisation Congress in Stockholm. The company is also preparing a larger 12-week study and planning research on Crohn’s disease. The stock has increased approximately 42% over the past year.