Skye Bioscience, Inc. Logo

Skye Bioscience, Inc.

Clinical-stage biotech developing a CB1-inhibiting antibody for obesity and metabolic diseases.

SKYE | US

Overview

Corporate Details

ISIN(s):
US83086J2006
LEI:
Country:
United States of America
Address:
11250 EL CAMINO REAL, SUITE 100, 92130 SAN DIEGO
Sector:
Manufacturing
Industry:
Manufacture of pharmaceuticals, medicinal chemical and botanical products

Description

Skye Bioscience, Inc. is a clinical-stage biotechnology company developing next-generation drugs for obesity and other metabolic diseases. The company focuses on advancing first-in-class molecules that modulate G-protein coupled receptors (GPCRs). Its lead candidate, nimacimab, is a peripheral CB1-inhibiting antibody being developed as a potential anti-obesity therapeutic. By targeting CB1 receptors in peripheral tissues, nimacimab aims to increase energy expenditure, promote fat breakdown, and offer a differentiated treatment with better gastrointestinal tolerability and muscle preservation. The company initiated its Phase 2 clinical study for nimacimab in August 2024, with data readouts anticipated in 2025.

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Insider Transactions

Date Insider Name Position Type Shares Value
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