Silo Pharma Inc.

NASDAQ : SILO

Silo Pharma Inc. operates as a developmental stage biopharmaceutical company. The company is developing therapeutics that address underserved conditions, including stress-induced psychiatric disorders, chronic pain conditions, and central nervous system (CNS) diseases. It focuses on developing traditional therapies and psychedelic treatments in formulations and drug delivery systems. The company's lead program, SPC-15, is an intranasal treatment targeting PTSD and stress-induced anxiety disorders. It is also developing SP-26, a time-release ketamine-loaded implant for fibromyalgia and chronic pain relief. In addition, the company's two preclinical programs comprise SPC-14, an intranasal compound for the treatment of Alzheimer's disease, and SPU-16, a CNS-homing peptide targeting multiple sclerosis (MS). The company's research and development programs are conducted through collaborations with Columbia University and the University of Maryland, Baltimore. It has a agreement with Sever Pharma to develop novel ketamine implant therapeutic. The company was formerly known as Uppercut Brands, Inc. and changed its name to Silo Pharma, Inc. in September 2020. Silo Pharma, Inc. was incorporated in 2010 and is based in Sarasota, Florida.

Information

Sector
Healthcare
Industry
Biotechnology
Type
Common Stock
Country
United States

Price

USD 1.08

Symbol

SILO

Type

Common Stock

Previous Close

:

1.17

52 Week Range

:

0.84 - 4.50

Volume

:

133,500.00

Average Volume

:

474,080.00

High

:

1.12

Low

:

1.06

Change

:

-0.09

Percent change (%)

:

-7.69

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