InvestorsHub Logo
Followers 4
Posts 95
Boards Moderated 0
Alias Born 03/16/2006

Re: None

Sunday, 01/22/2017 12:58:20 PM

Sunday, January 22, 2017 12:58:20 PM

Post# of 3833
I've been looking at other companies working on galectin inhibitors to compare to GALTs progress. Galecto Biotech was the private company BMY bought in 2014 for what could amount to $444 million. Their drug, TD139 just wrapped up a Phase I/Phase II study in December for the treatment of idiopathic pulmonary fibrosis through an inhaler, but I don't think any results have been posted.

Only other company with galectin inhibors mentioned is GlycoMimetics, but I don't think they even have a drug and are still working on design.
GALT seems to be the only company with a galectin inhibitor in multiple clinical studies at this time. Could GR-MD-02 be the first galectin inhibitor to market for the treatment of multiple indications? cancer, psoriasis, NASH.

Feb 7 could be a major catalyst.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GALT News