/Companies

Edesa Biotech

NASDAQ: EDSA

Markham, US · Founded 2015 · 23 employees on LinkedIn · 3 known investors

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Edesa Biotech is a clinical-stage biopharmaceutical company developing monoclonal antibody candidates as host-directed therapeutics for inflammatory and immune-related diseases. Its pipeline targets conditions such as Acute Respiratory Distress Syndrome (ARDS) by modulating immune pathways implicated across multiple diseases.

Founders & leadership

Edesa Biotech was founded in 2015 by Pardeep Nijhawan.

PN
Pardeep NijhawanFounder
SL
Stephen LemieuxCFO2023–2025
MB
Michael BrooksExecutive
MC
Mary Catherine BrissonExecutive
MA
Mark A. McPartlandExecutive
KNKathi Niffenegger
Kathi NiffeneggerFinance Advisor2023–2024
PN
Par NijhawanChief Executive OfficerHe completed medical residency and fellowship training at Mayo Clinic School of Medicine and has prior experience in pharmaceuticals, commercial strategy, and drug development.

Board

PM
Patrick MarshallBoard director
SM
Sean MacDonaldBoard director
CO
Charles OlsonBoard director
FO
Frank OakesBoard director
DL
David LiuBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$25.2M disclosed across 3 of 4 rounds · 2016–2026

▶$3.5MraisedJun 2026 · 4 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joan ChypyhaDirector
  • Sean MacDonaldDirector
  • David LiuDirector
  • Peter WeilerExecutive Officer
  • Carlo SistilliDirector
  • Pardeep NijhawanExecutive Officer, Director
  • Michael BrooksExecutive Officer
  • Patrick MarshallDirector
  • Charles OlsonDirector
Offering amount
$3.5M
Amount sold
$3.5M
First sale
Jun 2026
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MraisedFeb 2025 · 15 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick MarshallDirector
  • Sean MacDonaldDirector
  • Pardeep NijhawanExecutive Officer, Director
  • Stephen LemieuxExecutive Officer
  • Charles OlsonDirector
  • Frank OakesDirector
  • David LiuDirector
  • Joan ChypyhaDirector
  • Michael BrooksExecutive Officer
  • Carlo SistilliDirector
Offering amount
$15M
Amount sold
$15M
First sale
Feb 2025
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶Undisclosed amountofferedApr 2022 · 1 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael BrooksExecutive Officer
  • Kathi NiffeneggerExecutive Officer
  • Sean MacDonaldDirector
  • Paul PayDirector
  • Carlo SistilliDirector
  • Jennifer ChaoDirector
  • Pardeep NijhawanExecutive Officer, Director
  • Lorin JohnsonDirector
  • Frank OakesDirector
Placement agents
H.C. Wainwright & Co., LLC
First sale
Mar 2022
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.8MraisedJul 2016 · 4 investors · Biotechnology
Rule 506(c)
Officers, directors & promoters on the filing
  • David Louis HillDirector
  • Mayank D. SampatDirector
  • Tessie M. CheDirector
  • Daniel E. MorseDirector
  • Frank R. OakesExecutive Officer, Director
  • Mary Catherine BrissonExecutive Officer
  • Gregory T. BaxterDirector
  • Mark A. McPartlandExecutive Officer
  • Kathi NiffeneggerExecutive Officer
Offering amount
$6.8M
Amount sold
$6.8M
Sales commissions
$472.5K
Placement agents
Maxim Group LLC
First sale
Jul 2016
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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In the news

Frequently asked questions

What does Edesa Biotech do?
Edesa Biotech is a clinical-stage biopharmaceutical company developing monoclonal antibody candidates as host-directed therapeutics for inflammatory and immune-related diseases. Its pipeline targets conditions such as Acute Respiratory Distress Syndrome (ARDS) by modulating immune pathways implicated across multiple diseases.
Who founded Edesa Biotech?
Edesa Biotech was founded by Pardeep Nijhawan in 2015.
Who are Edesa Biotech's investors?
Edesa Biotech's investors include Inveready Technology Investment Group, Lumira Ventures, Venture Ontario.
How much funding has Edesa Biotech raised?
Edesa Biotech has disclosed $25.2M raised across 3 of its 4 known rounds.
Where is Edesa Biotech headquartered?
Edesa Biotech is headquartered in Markham, US.