Edesa Biotech Invited for Oral Showcase at Respiratory Innovation Summit
Rhea-AI Summary
Edesa Biotech (Nasdaq: EDSA) announced oral and poster presentations of its Phase 3 paridiprubart (EB05) data at ATS 2026 events. Dr. Par Nijhawan will present at the Respiratory Innovation Summit on May 15, 2026, and a full oral presentation occurs on May 20, 2026.
Two Phase 3 data sets were described: an initial 104-patient IMV cohort and expanded 278-patient results including IMV and non-IMV patients, with reported statistically significant mortality reductions for ARDS patients.
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News Market Reaction – EDSA
In the Apr 1 session, EDSA gained 6.12%, reflecting a notable positive market reaction. Argus tracked a peak move of +21.3% during that session. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 26 | Vitiligo program update | Positive | -10.8% | Advanced Phase 2 EB06 vitiligo planning and mid-2026 enrollment guidance. |
| Feb 24 | Phase 3 ARDS data | Positive | +68.0% | Additional positive Phase 3 paridiprubart mortality data in 278 ARDS patients. |
| Feb 13 | Quarterly results | Neutral | +0.5% | Q1 FY2026 financials and updates on paridiprubart and EB06 manufacturing. |
| Dec 12 | Fiscal year results | Mixed | -16.1% | FY2025 results, paridiprubart Phase 3 success and increased operating expenses. |
| Oct 31 | Conference schedule | Neutral | -6.5% | Announcement of upcoming European conference participation and presentations. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
News has often been followed by volatility, with some positive clinical updates leading to sharp gains and several operational or conference items coinciding with pullbacks.
Recent news for EDSA has centered on ARDS and vitiligo programs alongside financial updates. On Feb 24, 2026, positive additional Phase 3 paridiprubart data in 278 ARDS patients coincided with a 67.96% gain. Fiscal 2025 and Q1 FY2026 reports highlighted manageable operating expenses and cash levels, but shares fell 16.09% after the full-year update. Program and conference scheduling news on Oct 31, 2025 and Mar 26, 2026 also saw negative reactions. Today’s conference-focused ARDS announcement fits into this pattern of clinically positive but market-volatile milestones.
Key Terms
phase 3 medical
anti-tlr4 antibody medical
acute respiratory distress syndrome medical
ards medical
invasive mechanical ventilation medical
placebo controlled medical
double-blind medical
mini symposium technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Selection Follows Positive Phase 3 Results for Paridiprubart Demonstrating Statistically Significant Mortality Reductions in ARDS Patients
TORONTO, March 31, 2026 (GLOBE NEWSWIRE) -- Edesa Biotech, Inc. (Nasdaq:EDSA), a clinical-stage biopharmaceutical company focused on developing host-directed therapeutics for immuno-inflammatory diseases, today announced that its chief executive officer, Dr. Par Nijhawan, has been selected to deliver the inaugural presentation at the Oral Showcase at the ATS 2026 Respiratory Innovation Summit (RIS), organized by the American Thoracic Society (ATS).
Dr. Nijhawan’s presentation will feature findings from Edesa’s Phase 3 study of paridiprubart (EB05), Edesa’s first-in-class anti-TLR4 antibody evaluated as a treatment for Acute Respiratory Distress Syndrome (ARDS), a life-threatening condition accounting for over three million ICU admissions globally each year. Edesa has recently reported two sets of Phase 3 results for paridiprubart. Initial data covered 104 patients requiring invasive mechanical ventilation (IMV). Expanded results encompass a broader 278-patient population — including both IMV and non-IMV patients — further substantiating the potential clinical benefit.
“To be invited by experts in respiratory critical care to lead off the innovation showcase is an honor and we believe an important validation of the strength of our Phase 3 data and the potential of paridiprubart to transform treatment for patients with ARDS — a disease with few effective options today,” said Par Nijhawan, MD, FRCPC, AGAF.
Dr. Nijhawan’s presentation is scheduled for Friday, May 15, 2026. An accompanying poster presentation by Edesa's research team will also be featured at the RIS.
The company also announced that Ted Steiner, MD, of the Vancouver Coastal Health Research Institute and principal investigator of the Phase 3 study, will deliver a full oral presentation of the Phase 3 results on May 20, 2026 at approximately 8:30 am ET during the ATS 2026 International Conference. The presentation, titled A Phase 3, Multicenter, Double-blind, Placebo Controlled Study of an Anti-TLR4 Antibody, Paridiprubart, in Adult Patients with Respiratory Distress on Invasive Mechanical Ventilation, will be part of the mini symposium on Immune-Endothelial Biology and Targeted Therapeutics in Acute Respiratory Distress Syndrome. Edesa’s presentation materials will be posted to the Events section of the Edesa Biotech website during the conference.
About Paridiprubart
Paridiprubart represents a new class of host-directed therapeutics (HDTs) that are designed to modulate the body's own immune response when confronted with known or unknown public health threats such as novel infectious diseases as well as chemical, biological, radiological, and nuclear incidents. Importantly, HDTs are agnostic to the causal agent and can be stockpiled preemptively to respond to public health emergencies and biodefense. Mechanistically, paridiprubart inhibits toll-like receptor 4 (TLR4), a key immune signaling protein that has been shown to be activated by viruses, bacteria, injury/trauma and in the pathogenesis of chronic autoimmune diseases.
About Edesa Biotech, Inc.
Edesa Biotech, Inc. (Nasdaq: EDSA) is a clinical-stage biopharmaceutical company developing innovative ways to treat inflammatory and immune-related diseases. Its clinical pipeline is focused on two therapeutic areas: Medical Dermatology and Respiratory. In Medical Dermatology, Edesa is developing EB06, an anti-CXCL10 monoclonal antibody candidate, as a therapy for vitiligo, a common autoimmune disorder that causes skin to lose its color in patches. Its medical dermatology assets also include EB01 (
About the ATS 2026 Respiratory Innovation Summit
The ATS Respiratory Innovation Summit (RIS), held in conjunction with the American Thoracic Society International Conference (May 15–20, 2026), is a premier forum for emerging companies presenting transformative respiratory science. The Oral Showcase is a competitively selective program highlighting companies offering differentiated approaches to unmet medical needs in respiratory disease.
Edesa Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "may," "will," "would," "could," "should," "might," "potential," or "continue" and variations or similar expressions, including statements related to: the company’s plans to participate in the RIS and ATS, the company’s belief that paridiprubart could transform treatments for ARDS patients; and the company's timing and plans regarding its clinical studies in general. Readers should not unduly rely on these forward-looking statements, which are not a guarantee of future performance. There can be no assurance that forward-looking statements will prove to be accurate, as all such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results or future events to differ materially from the forward-looking statements. Such risks include: the ability of Edesa to obtain regulatory approval for or successfully commercialize any of its product candidates, the risk that access to sufficient capital to fund Edesa's operations may not be available or may be available on terms that are not commercially favorable to Edesa, the risk that Edesa's product candidates may not be effective against the diseases tested in its clinical trials, the risk that Edesa fails to comply with the terms of license agreements with third parties and as a result loses the right to use key intellectual property in its business, Edesa's ability to protect its intellectual property, the timing and success of submission, acceptance and approval of regulatory filings, and the impacts of public health crises. Many of these factors that will determine actual results are beyond the company's ability to control or predict. For a discussion of further risks and uncertainties related to Edesa's business, please refer to Edesa's public company reports filed with the U.S. Securities and Exchange Commission and the British Columbia Securities Commission. All forward-looking statements are made as of the date hereof and are subject to change. Except as required by law, Edesa assumes no obligation to update such statements.
Contact:
Gary Koppenjan
Edesa Biotech, Inc.
investors@edesabiotech.com
