Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Galmed Announces Grant of New Patent for the Combination of Aramchol with Resmetirom (MGL-3196, REZDIFFRA) for the Treatment of NASH and Liver Fibrosis
https://stockcharts.com/h-sc/ui?s=glmd&p=D&yr=0&mn=6&dy=0&id=p38090673899
https://www.barchart.com/stocks/quotes/glmd/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SYSX&grid=1&height=210&studyheight=100
https://www.barchart.com/stocks/quotes/glmd/opinion
https://finance.yahoo.com/quote/GLMD?p=GLMD
https://www.nasdaq.com/market-activity/spos
$1.25 offering
$GLMD - ??Up 20% Pre-Market/ Current Price $2.91
To employ OnKai's disruptive Artificial Intelligence (AI) in its Planned Phase 2a Clinical Trial in PSC
https://stockcharts.com/h-sc/ui?s=glmd&p=D&yr=0&mn=6&dy=0&id=p38090673899
https://www.barchart.com/stocks/quotes/glmd/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SYSX&grid=1&height=210&studyheight=100
https://www.barchart.com/stocks/quotes/glmd/opinion
Open gap on the chart at .30
$GLMD Galmed Pharmaceuticals forms a Strategic Partnership with OnKai
https://galmedpharma.investorroom.com/2023-05-04-Galmed-Pharmaceuticals-forms-a-Strategic-Partnership-with-OnKai
any idea what the deal is here?
Decent move ..thus far today!! Like it!!
Well.... guess it depends on definitions!! I see a 20-40 % gain in less than 4-6 months!! The more than 3x some are expecting.... will probably be longer!!
I agree ... better to have strong institutional interest (as per recent activity after KOL event) than here but I think it'll still be a year or so before this stock really takes off
Nice day again!! And no interest here!! HEY ok with me!! LOL
Volume was up 3x normal yesterday on 12/15. The 100 day moving average was also breached suggestive of something cooking. Very exciting company; interesting to see where this goes
* * $GLMD Video Chart 12-04-2019 * *
Link to Video - click here to watch the technical chart video
GLMD phase-2b data NASH data:
https://finance.yahoo.com/news/phase-2-data-galmed-pharmaceuticals-163000034.html
Galmed Pharmaceuticals Ltd. (GLMD) CEO Allen Baharaff on Q2 2018 Results - Earnings Call Transcript $GLMD
https://seekingalpha.com/article/4194869
The final cost of the trial will be around $75 million
200 centers
Start by Q2-2019
Duration 52 weeks
No of patients - around 300
Study enrollment may take 12-18 months + 12 months + 3-4 months for topline results - we are looking at 32-36 months or 3 years - which is Q2-2022
If there is no buyout or partnership - we will see just dilution and SP going down
GLMD 2Q18 CC notes re phase-3 NASH trial:
https://twitter.com/DewDiligence/status/1025045825884438530
GLMD 2Q18 results:
https://finance.yahoo.com/news/galmed-pharmaceuticals-provides-business-reports-110000942.html
6/30/18 cash was $94.1M.
Thinking to put 20k in it for long run. Raitings are great.
Galmed Notches Second Bullish Rating On Aramchol Opportunity
10:49 am ET July 13, 2018 (Benzinga) Print
Two days after Cantor Fitzgerald gave Galmed Pharmaceuticals Ltd (NASDAQ: GLMD) a shot in the arm with an ultrabullish rating, Stifel Nicolaus administered a booster.
Galmed spiked 15 percent Friday morning after already having risen 21 percent in the preceding session.
The Analyst
Stifel analyst Adam Walsh initiated coverage of Galmed with a Buy rating and $35 price target.
The Thesis
As with Cantor Fitzgerald, Galmed’s Aramchol was again the point of optimism.
Walsh considers the candidate a multibillion-dollar opportunity for the treatment of non-alcoholic steatohepatitis, or NASH, and forecast a “decent chance” of an Aramchol partnership deal materializing ahead of the Phase 3 trial launch in the first half of 2019. (See Walsh's track record here.)
“We think large-pharma validation could drive shares significantly higher,” the analyst said.
With positive Phase 2b results failing to stimulate the stock, Stifel said the Street overlooked Aramchol’s strengths and thereby created a buying opportunity.
Aramchol did not reach statistical significance on either of two approvable endpoints — but they were secondary endpoints and were not powered for statistics, Walsh said.
“While Aramchol did not hit statistical significance on either of the two approvable endpoints, we remind investors that these “Despite this, Aramchol nearly hit on NASH resolution without worsening of fibrosis and showed strong trends on the fibrosis improvement with no worsening of NASH.”
The analyst expects the next phase to generate the statistically significant data investors demand.
After conversations with management, Walsh rejected concerns over dropout rates and competition from Madrigal Pharmaceuticals Inc (NASDAQ: MDGL).
Price Action
Galmed shares were rallying 16.27 percent to $14.85 at the time of publication Friday morning.
Related Links:
Galmed Shares More Than Double As It Hits Bullseye With Fatty Liver Candidate
Zogenix Soars On Positive Phase 3 Data In Dravet Syndrome Study
Photo by Nephron/Wikimedia.
Latest Ratings for GLMD DateFirmActionFromTo
Jul 2018Stifel NicolausInitiates Coverage OnBuy Jul 2018Cantor FitzgeraldInitiates Coverage OnOverweight Jun 2018Maxim GroupMaintainsBuyBuy
15.39 > very bullish!
Heading back to $20.00+ very,very,soon!
Galmed Pharmaceuticals started at buy with $35 stock price target at Stifel Nicolaus
7:26 am ET July 13, 2018 (MarketWatch)
Share
Print
(END) Dow Jones Newswires
July 13, 2018 07:26 ET (11:26 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Price Target Announced at $59.00/Share by Cantor Fitzgerald
Ratings actions from Benzinga: http://www.benzinga.com/stock/GLMD/ratings
(END) Dow Jones Newswires
July 11, 2018 16:24 ET (20:24 GMT)
GLMD sells 5.75M* shares @$15.00—a 9% discount to last Friday’s close:
https://finance.yahoo.com/news/galmed-pharmaceuticals-ltd-announces-pricing-013700954.html
Net proceeds from the offering will be about $81M*.
*Assuming exercise of underwriter’s option.
GLMD seeking $86.3M* on unspecified terms:
https://www.sec.gov/Archives/edgar/data/1595353/000114420418034494/tv496661_ex99-2.htm
A new corporate slide deck has been issued to accompany the above PR:
https://www.sec.gov/Archives/edgar/data/1595353/000114420418034494/tv496661_ex99-1.htm
*Assuming exercise of underwriter’s option.
Out at $21.20's. GL everyone.
shorted a handfull at $22...just got out when she dipped under $19...may go long later.....glta
Back in here in the 19's and 20's for round 2 ahead. Todays run from pre market $10 to $12 to over $27.00 after the open was insane! Hope we do it again this afternoon. The float is gone now. Looks like the walkdown is buyers with tight stop losses on the drop;
I was waiting for your pal CJ to show up here
Awesome pre market. Out here. GL everyone.
GLMD PR on phase-2b ARREST study in NASH:
https://finance.yahoo.com/news/galmeds-600-mg-aramchol-achieved-110000752.html
Trading float is 10.6 million shares, according to MarketWatch.
Followers
|
16
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
112
|
Created
|
03/14/14
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |