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Artelo Biosciences, Inc logo

Artelo Biosciences, Inc

artelobio.com

What Do They Do?

Develops prescription medicines that target lipid-signaling pathways, including cannabinoid and fatty-acid-binding-protein programs, for people with cancer, pain, and other conditions.

How Do They Make Money?

No revenue reported yet.

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▼ −25% (Loss)
vs −$3.2M in Q2 FY2025
  • Aug 27, 2026 Artelo announced a reverse stock split. Every nine shares will combine into one share, with split-adjusted trading expected to begin August 31, 2026.
  • May 27, 2026 Artelo established an at-the-market stock offering program. The company may sell up to $6,530,000 of shares through H.C. Wainwright from time to time.
  • Mar 30, 2026 Artelo completed a private placement of shares and warrants. The offering generated gross proceeds of $10,996,902.70 before fees and expenses.
  • Mar 26, 2026 Artelo expanded ART27.13 research toward preserving muscle during GLP-1 treatment. The company began a non-clinical study and filed a provisional patent application for this potential use.

Who Do They Compete With?

Competes with Novartis International, Helsinn Therapeutics (U.S.), NGM Biopharmaceuticals, Jazz Pharmaceuticals, Skye Bioscience, Longboard Pharmaceuticals, and Pfizer

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