Edesa Biotech, headquartered in Markham, Ontario, focuses on developing clinical-stage drugs for inflammatory diseases, including EB05 for ARDS and EB01 for chronic allergic dermatitis. The company employs 16 staff and went public in 2008.
Edesa Biotech (EDSA) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Edesa Biotech's actual EPS was -$0.32, missing the estimate of -$0.27 per share, resulting in a -17.65% surprise.
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