Palisade Bio appoints Dr. Sharon Skare as VP of Clinical Operations, advancing PALI-2108 for ulcerative colitis and Crohn's disease.
Quiver AI Summary
Palisade Bio, Inc. has appointed Sharon Skare, PhD(c), as Vice President and Global Head of Clinical Operations, bringing over 24 years of extensive experience in clinical development, particularly in autoimmune and gastrointestinal diseases. The company is focused on advancing its drug PALI-2108, designed for local delivery to treat ulcerative colitis and fibrostenotic Crohn’s disease, with a Phase 2 Investigational New Drug submission planned for the first half of 2026. Dr. Mitchell Jones, the Chief Medical Officer, expressed enthusiasm about Skare's leadership and experience in guiding global clinical operations, which will be crucial as the company moves forward with its clinical programs. Skare previously held senior roles in other biopharmaceutical companies, where she contributed significantly to clinical operations and regulatory submissions. Palisade Bio aims to revolutionize treatment options with its innovative therapies targeting inflammatory and fibrotic conditions.
Potential Positives
- Appointment of Sharon Skare as Vice President, Global Head of Clinical Operations, brings over 24 years of leadership experience, enhancing the company's clinical development infrastructure.
- Company is focused on advancing PALI-2108 for ulcerative colitis and fibrostenotic Crohn’s disease, with a Phase 2 IND submission planned for H1 2026, indicating strong pipeline activity.
- Positive results reported from the recently completed Phase 1a/1b study of PALI-2108 for ulcerative colitis, supporting further development efforts.
Potential Negatives
- The timeline for the Phase 2 IND submission for PALI-2108 is planned for H1 2026, indicating a potentially long wait for progression in clinical development.
- The company relies heavily on the success of PALI-2108, which is still in early stages of clinical development and entails inherent risks.
- Forward-looking statements caution investors about the uncertainties and risks that could cause actual results to differ from expected outcomes, which may affect investor confidence.
FAQ
What is the role of Sharon Skare at Palisade Bio?
Sharon Skare is appointed as Vice President, Global Head of Clinical Operations, overseeing clinical development strategies.
What is PALI-2108 targeting?
PALI-2108 targets ulcerative colitis and fibrostenotic Crohn’s disease with a planned Phase 2 IND submission for H1 2026.
What is the mechanism of action for PALI-2108?
PALI-2108 is an orally administered prodrug designed for targeted delivery of PDE4 inhibition specifically to the lower intestine.
What experience does Sharon Skare bring to Palisade Bio?
Sharon Skare has over 24 years of experience in clinical development in biotechnology, with a focus on autoimmune and gastrointestinal diseases.
How does PALI-2108 improve treatment for IBD patients?
PALI-2108 aims to enhance efficacy and tolerability, minimizing systemic exposure and reducing common side effects seen with other PDE4 inhibitors.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PALI Hedge Fund Activity
We have seen 5 institutional investors add shares of $PALI stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC removed 144,764 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $98,453
- UBS GROUP AG removed 37,751 shares (-99.1%) from their portfolio in Q2 2025, for an estimated $25,674
- XTX TOPCO LTD added 27,337 shares (+inf%) to their portfolio in Q2 2025, for an estimated $18,591
- HRT FINANCIAL LP removed 18,264 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $12,421
- VIRTU FINANCIAL LLC removed 15,255 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $10,374
- NEWBRIDGE FINANCIAL SERVICES GROUP, INC. added 10,500 shares (+inf%) to their portfolio in Q2 2025, for an estimated $7,141
- TWO SIGMA SECURITIES, LLC added 1,816 shares (+12.8%) to their portfolio in Q2 2025, for an estimated $1,235
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$PALI Analyst Ratings
Wall Street analysts have issued reports on $PALI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Brookline Capital issued a "Buy" rating on 05/13/2025
To track analyst ratings and price targets for $PALI, check out Quiver Quantitative's $PALI forecast page.
Full Release
Seasoned Pharmaceutical leader bringing over 24 years of experience in clinical development across autoimmune, metabolic, cardiovascular, and gastrointestinal indications
Company remains focused on advancing PALI-2108 in ulcerative colitis and fibrostenotic Crohn’s disease, with Phase 2 IND submission planned for H1 2026
Carlsbad, CA, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade” or the “Company”), a clinical-stage biopharmaceutical company developing precision therapies for autoimmune, inflammatory, and fibrotic diseases, today announced the appointment of Sharon Skare, PhD(c) as Vice President, Global Head of Clinical Operations.
Ms. Skare brings more than 24 years of leadership experience in global clinical development and operations across large and emerging biotechnology companies. Her expertise spans autoimmune, metabolic, gastrointestinal, and fibrotic diseases, with a track record of successfully delivering programs from early development through regulatory approval, commercialization, and post-marketing submissions. She has served seven years as a department head within Clinical Operations and has been instrumental in multiple global inspection-readiness initiatives and post-approval filings for therapies in ulcerative colitis and diabetes.
“We are thrilled to welcome Sharon to Palisade Bio,” said Dr. Mitchell Jones, MD, PhD, Chief Medical Officer of Palisade Bio. “Her extensive experience leading global clinical operations in IBD and her proven success guiding programs through pivotal phases and inspections will be invaluable as we advance PALI-2108 into our planned Phase 2 studies. Sharon’s leadership will strengthen our operational infrastructure and accelerate our progress toward key clinical and regulatory milestones.”
“I’m excited to join Palisade at this pivotal stage in its evolution,” said Ms. Skare. “With ulcerative colitis and fibrostenotic Crohn’s disease affecting millions worldwide, there remains a pressing need for new therapies that combine efficacy with tolerability. The growing body of data for PALI-2108 and its targeted oral delivery profile represent an exciting opportunity to redefine treatment for patients with IBD. I look forward to leveraging my global operations experience to drive executional excellence and help realize the full potential of this first-in-class program.”
Ms. Skare most recently served as Vice President and Global Head of Clinical Operations at Abivax, where she oversaw global Phase 3 and Phase 2 programs in ulcerative colitis and Crohn’s disease. Previously, Ms. Skare held senior leadership positions at Pfizer and Arena Pharmaceuticals, where she led the global clinical operations program for Etrasimod, an oral, selective S1P receptor modulator for ulcerative colitis, now approved as Velsipity™. She earned Pfizer’s Craig A. Saxton Clinical Development Excellence Award and 12 additional company recognitions for clinical development excellence and operational leadership. Sharon served as head of clinical operations at Elcelyx Therapeutics, advancing a delayed-release metformin formulation for Type 2 diabetes from proof of concept through End-of-Phase 2 alignment with the FDA. Early in her career Ms. Skare was part of the core clinical operations and clinical science teams at Amylin Pharmaceuticals through the development and approval of Byetta ® , the first GLP-1 agonist, and Symlin ® , the first non-insulin treatment indicated for Type 1 diabetes. She also held clinical research roles at PPD and Clinimetrics Research Associates.
Palisade Bio is currently advancing PALI-2108, an orally administered, prodrug engineered for local delivery of phosphodiesterase-4 (PDE4) inhibition to the terminal ileum and colon. The prodrug molecule is designed to be gut-restricted and pharmacologically inactive until it reaches the lower intestine, where it is cleaved by bacterial enzymes to release its active PDE4 inhibitor metabolite directly at the site of inflammation and fibrosis. This targeted and slow-release design is intended to prevent absorption through the upper gut, achieve sustained local exposure and a longer half-life that enables once-daily dosing, and is engineered to produce a blunted peak plasma concentration to improve the overall therapeutic index. Together, these properties are intended to maximize anti-inflammatory and anti-fibrotic effects while minimizing systemic exposure and reducing class-related tolerability issues, such as nausea and headache, that have limited systemic PDE4 inhibitors.
The Company recently completed a Phase 1a/1b study of PALI-2108 for ulcerative colitis (UC) and reported positive data (clinicaltrials.gov NCT06663605 ). A Phase 1b study of PALI-2108 is currently underway for the treatment of fibrostenotic Crohn’s disease (FSCD). Data from studies are expected to support Phase 2 Investigational New Drug (IND) submissions to the U.S. Food and Drug Administration (FDA) in the first half of 2026.
About Palisade Bio
Palisade Bio is a clinical-stage biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases. The Company believes that by using a targeted approach with its novel therapeutics it will transform the treatment landscape. For more information, please go to www.palisadebio.com .
Forward Looking Statements
Any statements contained in this communication that are not statements of historical fact may be deemed to be forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include but are not limited to: statements regarding the timing and results of clinical trials, the potential mechanisms of action and therapeutic benefits of PALI-2108, and plans for regulatory submissions. These forward-looking statements are based on the Company’s current expectations. Forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those reflected in the Company’s forward-looking statements include, among others, the timing of enrollment, commencement and completion of the Company’s clinical trials; the Company’s reliance on PALI-2108, and its early stage of clinical development; the risk that prior results, such as signals of safety, activity, dosing or durability of effect, observed from preclinical or clinical trials, will not be replicated or will not continue in ongoing or future studies or clinical trials involving the Company’s product candidates in clinical trials focused on the same or different indications; and other factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the Securities and Exchange Commission (“SEC”) on March 24, 2025, and the Quarterly Reports on Form 10-Q or other SEC filings that are filed thereafter. Investors are cautioned not to put undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date hereof, and the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.
Investor Relations Contact
  JTC Team, LLC
  
  Jenene Thomas
  
  908-824-0775
  
  
   [email protected]
  
 
Source: Palisade Bio
 
         
       
       
    