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Biotech Price Target Maintained With a $21.00/Share by HC Wainwright & Co.","url":"https://stock-news.laohu8.com/highlight/detail?id=2519882740","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519882740?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:52","pubTimestamp":1741863120,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/EDSA/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 13, 2025 06:52 ET (10:52 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real-time, market-...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/edesa-biotech-files-to-sell-7-81m-common-shares-for-holders?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/edesa-biotech-files-to-sell-7-81m-common-shares-for-holders?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["EDSA","BK4139"],"gpt_icon":0},{"id":"2516265401","title":"EDSA: Raises $15 Million to Advance EB06…","url":"https://stock-news.laohu8.com/highlight/detail?id=2516265401","media":"Zacks Small Cap Research","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516265401?lang=en_us&edition=fundamental","pubTime":"2025-03-03 21:20","pubTimestamp":1741008000,"startTime":"0","endTime":"0","summary":"Edesa Biotech, Inc.  is planning for a Phase 2 study of its anti-CXCL10 monoclonal antibody for the treatment of moderate-to-severe non-segmental vitiligo patients. Vitiligo is a disease that causes areas of the skin to lose color, with non-segmental vitiligo being characterized by patches appearing on both sides of the body. It is caused when pigment-producing cells  die or stop producing melanin as a result of an autoimmune disease, genetics, or a triggering event .A 2022 publication reported that the estimated prevalence of vitiligo patients in the U.S. is between 1.9 million and 2.8 million . This corresponds to a vitiligo market is projected to reach approximately $1 billion by 2030 . In support of this, the following two transactions show the potential for vitiligo treatments in development:. The company is continuing IND-enabling work in 2025 and has already received approval from Health Canada to conduct a Phase 2 trial. 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