Palisade Bio Receives Notice of Allowance for Composition of Matter Patent Covering Lead Product Candidate PALI-2108 in China
1. PALI-2108 targets Crohn’s disease and ulcerative colitis effectively. 2. A patent for PALI-2108 in China has been allowed, securing market exclusivity. 3. The Chinese market for inflammatory bowel disease treatments is projected to reach $1B by 2030. 4. Palisade is focused on clinical milestones for PALI-2108 in the coming 12-18 months. 5. Investor confidence may bolster with upcoming positive clinical data expectations.