GALT - Galectin Therapeutics

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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


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52 Wk Range

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Enterprise Value

233.3M

Cash

25.6M

Avg Qtr Burn

-8.194M

Short % of Float

12.47%

Insider Ownership

30.96%

Institutional Own.

15.38%

Qtr Updated

06/30/24


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