Skye Bioscience, a San Diego-based biopharmaceutical company, focuses on cannabinoid-based therapeutics for metabolic disorders and inflammation. Its Phase 2 candidates include nimacimab for obesity and SBI-100 OE for glaucoma.
SKYE has been in the news recently: Skye Bioscience, Inc. is facing a class action lawsuit for allegedly misleading investors about its drug nimacimab, which has resulted in a 60% drop in its stock price to $1.90. Multiple law firms, including Berger Montague PC and the Schall Law Firm, are representing investors who purchased securities during the period from November 4, 2024, to October 3, 2025.
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