Pardes Biosciences, Inc.

Pardes Biosciences, Inc.

PRDS
Pardes Biosciences, Inc.US flagNASDAQ Global Market
2.18
USD
+0.02
- -
135.19MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Thomas G. Wiggans
Full Time Employees
57
Sector
Healthcare
Industry
Biotechnology
Address
2173 Salk Avenue Carlsbad CA United States of America 92008
IPO Date
Dec 27, 2021
Business
Pardes Biosciences, Inc. (PRDS), a clinical-stage biopharmaceutical company founded in 2020 and headquartered in Carlsbad, California, discovers, develops, and commercializes novel oral antiviral therapeutics targeting viral diseases, primarily leveraging structure-based drug design and reversible-covalent chemistry; its lead product candidate, pomotrelvir (formerly PBI-0451), comprises a direct-acting inhibitor of the main protease (Mpro) essential for replication of SARS-CoV-2 and other pathogenic coronaviruses, with additional early-stage research assets including next-generation Mpro inhibitors exhibiting broad-spectrum pan-coronavirus activity. The company operates as a subsidiary of MediPacific, Inc., following MediPacific's completion of its acquisition on August 31, 2023, for approximately $2.13 per share in cash plus a contingent value right tied to potential future monetization of its COVID-19 antiviral portfolio and intellectual property, a transaction driven by Foresite Capital Management after pomotrelvir's Phase 2 trial in April 2023 failed to meet its primary endpoint of viral clearance in mild-to-moderate COVID-19 patients and prompted suspension of further clinical development.

Company News

APIChat
  • Pardes Biosciences Announces Closing of Tender Offer

  • MediPacific Offering $2.13 Per Share Plus One Contingent Value Right Per Share in Tender Offer for Pardes Biosciences

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • MediPacific Announces Calculation of Additional Price Per Share and Extension of Expiration Date for Tender Offer for Pardes Biosciences Shares

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • PARDES BIOSCIENCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Pardes Biosciences, Inc. - PRDS

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

  • INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • PARDES BIOSCIENCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Pardes Biosciences, Inc. - PRDS

  • INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm

  • INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pardes Biosciences, Inc. and Encourages Investors with Losses to Contact the Firm