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Skye Bioscience, Inc.

skyebioscience.com

What Do They Do?

Develops nimacimab, an antibody drug candidate targeting a metabolic receptor, for people with obesity and overweight.

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▼ −39% (Loss)
vs −$17.6M in Q2 FY2025
  • Sep 8, 2026 Chief financial officer resigned; CEO assumed the principal finance role John P. Sharp resigned, and Punit Dhillon was appointed principal financial and accounting officer while remaining CEO.
  • Aug 14, 2026 Skye agreed to a proposed Redx Pharma acquisition The transaction requires approval from both companies' shareholders; Skye also plans to pause nimacimab development.

From eye treatments to metabolic disease The older report centered on cannabinoid drug candidates for glaucoma and other eye conditions; the latest report centers on nimacimab, an antibody candidate for obesity, overweight, and related metabolic conditions.

Who Do They Compete With?

Competes with Novo Nordisk, Eli Lilly, Structure Therapeutics, and Viking Therapeutics

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