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0IT

6.5 EUR
2.62
28.73%
Last update Apr 30, 9:56 PM CEST
Market closed
Day range
6.100000
6.55000
Previous close
9.12000
Open
6.100000
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Satellos Bioscience Inc.
6.50
2.62
28.73%

Overview

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Description

Satellos Bioscience Inc. is a clinical-stage biotechnology company specializing in regenerative medicine for degenerative muscle diseases. Its primary mission is to develop novel therapeutics that restore the body's innate muscle repair and regeneration processes, particularly targeting Duchenne muscular dystrophy (DMD) and other devastating muscle conditions. The company's lead program features an oral small molecule drug candidate in clinical development, designed as a potential disease-modifying treatment for DMD by addressing the absence of dystrophin, which disrupts muscle stem cell signaling and asymmetric division essential for tissue repair. Satellos Bioscience Inc. targets the AAK1 protein to reactivate natural repair mechanisms, offering a novel approach beyond traditional muscle protection strategies. Founded on insights into muscle stem cell biology, the company is led by experts in rare diseases, small molecule therapeutics, and drug development. As a publicly traded entity pursuing initiatives like a proposed Nasdaq listing, Satellos Bioscience Inc. plays a significant role in advancing treatments that could transform outcomes for patients with progressive muscle disorders by harnessing the body's regenerative potential.

About

CEO
Mr. Francis Gleeson B.B.A. M.B.A
Employees
18
Address
Royal Bank Plaza
Suite 2800 South Tower 200 Bay Street
Toronto, M5J 2J1, ON
Canada
Phone
647-660-1780
Website
Instrument type
Common stock
Sector
Healthcare
Industry
Biotechnology
Country
Germany
MIC code
XSTU
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