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Galectin Therapeutics NASDAQ:GALT Galectin Therapeutics is dedicated to developing novel therapies to improve the lives of patients with chronic liver disease and cancer. Galectin's lead drug belapectin (formerly known as GR-MD-02) is a carbohydrate-based drug that inhibits the galectin-3 protein which is directly involved in multiple inflammatory, fibrotic, and malignant diseases, for which it has Fast Track designation by the U.S. Food and Drug Administration. The lead development program is in non-alcoholic steatohepatitis (NASH) with cirrhosis, the most advanced form of NASH-related fibrosis. This is the most common liver disease and one of the largest drug development opportunities available today. Additional development programs are in treatment of combination immunotherapy for advanced melanoma and other malignancies. Advancement of these additional clinical programs is largely dependent on finding a suitable partner. Galectin seeks to leverage extensive scientific and development expertise as well as established relationships with external sources to achieve cost-effective and efficient development.
Location: 4960 Peachtree Industrial Blvd Ste 240, Georgia, 30071-1580, US | Website: www.galectintherapeutics.com | Industry: Pharmaceutical Preparation Manufacturing | Sector: Manufacturing
Market Cap
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52 Wk Range
$ - $
Previous Close
$N/A
Open
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Day Range
N/A - N/A
Volume
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Avg Volume
N/A
Enterprise Value
173.3M
Cash
27.06M
Avg Qtr Burn
-8.42M
Short % of Float
18.17%
Insider Ownership
31.24%
Institutional Own.
16.24%
Qtr Updated
09/30/24
Drug Pipeline
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Drug & Indication | Stage & Event | Catalyst Date |
---|---|---|
Belapectin (GR-MD-02) Details Non-alcoholic steatohepatitis , metabolic dysfunction-associated steatohepatitis | Phase 2/3 Update | |
Belapectin (GR-MD-02) + keytruda Details Head and neck cancer, Head and neck squamous cell carcinoma | Phase 2 Initiation | |
Belapectin (GR-MD-02) Details Psoriasis | Failed Discontinued |