Skye Bioscience, Inc. ( SKYE ) Q3 2025 Earnings Call November 10, 2025 4:30 PM EST Company Participants Bernie Hertel Kaitlyn Arsenault - Chief Financial Officer Punit Dhillon - President, CEO, Secretary & Director Christopher Twitty - Chief Scientific Officer Puneet Arora - Chief Medical Officer Tu Diep - Chief Operating Officer Conference Call Participants Michael DiFiore - Evercore ISI Institutional Equities, Research Division Ananda Ghosh - H.C. Wainwright & Co, LLC, Research Division Jay Olson - Oppenheimer & Co. Inc., Research Division Presentation Operator Ladies and gentlemen, thank you for standing by.
Skye Bioscience, Inc. (NASDAQ:SKYE ) Q2 2025 Earnings Conference Call August 7, 2025 4:30 PM ET Company Participants Kaitlyn Melanie Arsenault - Chief Financial Officer Puneet S. Arora - Chief Medical Officer Punit S.
Arecor Therapeutics PLC (AIM:AREC) has entered a development partnership with Skye Bioscience Inc (NASDAQ:SKYE), a US-based biotechnology group, to create a more concentrated formulation of an experimental obesity treatment, as drugmakers vie for a share of the fast-growing weight-loss market. The Cambridge-based company will use its proprietary Arestat technology to reformulate nimacimab, a monoclonal antibody developed by Skye that targets the CB1 receptor.
| Biotechnology Industry | Healthcare Sector | Punit S. Dhillon CEO | NASDAQ (NMS) Exchange | 83086J101 CUSIP |
| US Country | 16 Employees | - Last Dividend | 8 Sep 2023 Last Split | 2 Apr 2015 IPO Date |
Skye Bioscience, Inc. is a clinical stage biopharmaceutical company engaged in the discovery, development, and potential commercialization of therapeutic drugs aimed at modulating the endocannabinoid system. With a strategic focus on generating transformative treatments, Skye Bioscience endeavors to address unmet medical needs across various domains. Originally known as Emerald Bioscience, Inc., the company underwent a name change in January 2021 to better align with its expanded vision and strategic goals. Skye Bioscience has established its headquarters in San Diego, California, leveraging the region's rich biotechnological ecosystem to advance its research and development efforts.
As Skye Bioscience's lead clinical program, nimacimab represents a pioneering approach in targeting the endocannabinoid system. Specifically designed as a peripherally-restricted negative allosteric modulating antibody, nimacimab focuses on the human cannabinoid receptor 1 (CB1). The therapeutic intent of targeting CB1 receptors, primarily involved in metabolic processes, positions nimacimab as a potential treatment for metabolic disorders, including obesity. Currently undergoing Phase II clinical trials, nimacimab is administered as a subcutaneous injection, reflecting Skye Bioscience's commitment to innovative and patient-friendly therapeutic solutions.
Expanding its portfolio into ophthalmology, Skye Bioscience is developing the SBI-100 Ophthalmic Emulsion, a CB1 agonist aimed at treating glaucoma and ocular hypertension. This novel formulation is in Phase II clinical trials, underscoring the company's dedication to leveraging the therapeutic potential of the endocannabinoid system across a spectrum of diseases. The SBI-100 Ophthalmic Emulsion represents a significant stride towards offering new treatment options for patients with eye conditions that are often challenging to manage effectively.
In its pursuit of broadening the therapeutic applications of its research, Skye Bioscience has entered into a licensing agreement with Tautomer Bioscience, (Pty) Limited. This partnership focuses on the development and commercialization of SBI-100. Additionally, a collaborative research agreement with VivaCell Biotechnology Espana, S.L.U is in place for the research and development of SBI-200, as well as the provision of preclinical development services for novel derivatives. These collaborations highlight Skye Bioscience's strategy of leveraging partnerships to accelerate the development of innovative therapies.