Palisade Bio (PALI) announced that the Crohn’s & Colitis Foundation, through its IBD Ventures program, has approved a strategic equity investment of up to $500,000 in Palisade. The investment will support the continued clinical and mechanistic development of PALI-2108, the Company’s lead gut-microbiota-activated PDE4 inhibitor, being advanced for fibrostenotic Crohn’s disease and moderate to severe ulcerative colitis.
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