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Last $1.64 USD
Change Today -0.02 / -1.20%
Volume 1.1M
GALE On Other Exchanges
As of 5:20 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

galena biopharma inc (GALE) Snapshot

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52 Week High
08/8/14 - $3.16
52 Week Low
05/8/15 - $1.27
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Current Stock Chart for GALENA BIOPHARMA INC (GALE)

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galena biopharma inc (GALE) Details

Galena Biopharma, Inc., a biopharmaceutical company, focuses on developing and commercializing oncology therapeutics that address major unmet medical needs across cancer care. Its commercial products include Abstral, a sublingual tablet that is used for the management of breakthrough pain in patients with cancer; and Zuplenz, an oral soluble film for use in the prevention of chemotherapy-induced, radiotherapy-induced, and post-operative nausea and vomiting. The company’s lead product candidate, NeuVax (nelipepimut-S), is in Phase III clinical trials for the prevention of recurrence in early- stage and node-positive breast cancer with low to intermediate human epidermal growth factor receptor (HER2) expression; Phase IIb clinical trials in combination with Herceptin for HER2 1+/2+ node-positive and high-risk node-negative breast cancer treatment; and Phase II clinical trials in combination with Herceptin for neoadjuvantly treated node positive and negative HER2 IHC 3+ patients not achieving a pathological complete response. It also develops GALE-301 (folate binding protein), which is in Phase IIa clinical trials for the prevention of recurrence in patients with ovarian and endometrial cancers; and GALE-401 (anagrelide controlled release), which is in a Phase 2 clinical trial for the treatment of patients with myeloproliferative neoplasms to lower elevated platelet levels. Galena Biopharma, Inc. has strategic development and commercialization partnership with Dr. Reddy's Laboratories Ltd. for NeuVax in breast and gastric cancers in India and with Teva Pharmaceuticals in Israel. The company was formerly known as RXi Pharmaceuticals Corporation and changed its name to Galena Biopharma, Inc. in September 2011. Galena Biopharma, Inc. was founded in 2003 and is based in Portland, Oregon.

57 Employees
Last Reported Date: 03/5/15
Founded in 2003

galena biopharma inc (GALE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $707.1K
Chief Financial Officer and Vice President
Total Annual Compensation: $299.4K
Compensation as of Fiscal Year 2014.

galena biopharma inc (GALE) Key Developments

Galena Biopharma, Inc. Announces Executive Changes

On June 24, 2015, Galena Biopharma, Inc. entered into a separation and consulting agreement with Margaret Kivinski pursuant to which her employment as Vice President and General Counsel was terminated on June 18, 2015 and under which she agrees to consult with the company regarding the legal aspects of business and operations for a six-month period commencing on June 18, 2015 and ending on December 18, 2015, unless the separation and consulting agreement is sooner terminated as provided therein. On June 24,2015, Thomas J. Knapp accepted employment offer letter to serve as interim General Counsel for the six-month period commencing on June 25, 2015 and ending on December 31, 2015. Until recently, Mr. Knapp served as the Executive Vice President, Chief Legal Officer and Corporate Secretary of Sucampo Pharmaceuticals, Inc. He will continue to serve as a consultant to Sucampo Pharmaceuticals, Inc. through August 2015.

Galena Biopharma, Inc. Approves Amendment to Amended and Restated Certificate of Incorporation

Galena Biopharma, Inc. announced that at the annual meeting held on June 19, 2015 approved an amendment to amended and restated certificate of incorporation to increase the number of shares of common stock authorized for issuance by 75,000,000 shares, to a total of 275,000,000 shares.

Galena Biopharma, Inc. Presents Phase 2 Clinical Trial of Gale-401 at the European Hematology Association 20th Congress in Vienna, Austria

Galena Biopharma, Inc. announced that data from the Company's Phase 2 clinical trial of GALE-401 was presented at the European Hematology Association 20th Congress in Vienna, Austria. The GALE-401 Phase 2 pilot study is a single arm, open label, multi-center study evaluating the efficacy and safety of anagrelide controlled release in subjects with thrombocytosis secondary to essential thrombocythemia (ET) and other myeloproliferative neoplasms (MPNs). The primary objective of the study was to estimate ORR with the secondary objectives of safety, tolerability and pharmacokinetics (PK). Enrolled patients were adult men and women diagnosed with an MPN-related elevated platelet count to include chronic myelogenous leukemia (CML), polycythemia vera (PV), primary myelofibrosis (PMF), or ET.


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Price/Sales 22.8x
Price/Book 4.4x
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TEV/Sales 21.0x

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