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Last $2.69 USD
Change Today +0.18 / 7.17%
Volume 85.5K
GALT On Other Exchanges
As of 8:10 PM 06/1/15 All times are local (Market data is delayed by at least 15 minutes).

galectin therapeutics inc (GALT) Snapshot

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07/25/14 - $16.55
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05/29/15 - $2.51
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galectin therapeutics inc (GALT) Details

Galectin Therapeutics Inc., a clinical stage biopharmaceutical company, engages in the research and development of therapies for fibrotic disease and cancer. The company’s lead product candidates include GR-MD-02, a complex polysaccharide polymer for the treatment of liver fibrosis and fatty liver disease; and GM-CT-01, a linear polysaccharide polymer comprising mannose and galactose that is in a Phase 1/2 clinical trials in Belgium as a combination with a tumor vaccine in patients with advanced melanoma, a skin cancer. Galectin Therapeutics Inc., through its collaborative joint venture, Galectin Sciences, LLC with SBH Sciences, Inc., is also involved in the research and development of small organic molecule inhibitors of galectin-3 for oral administration. The company was formerly known as Pro-Pharmaceuticals, Inc. and changed its name to Galectin Therapeutics Inc. in May 2011. Galectin Therapeutics Inc. was founded in 2000 and is based in Norcross, Georgia.

7 Employees
Last Reported Date: 03/18/15
Founded in 2000

galectin therapeutics inc (GALT) Top Compensated Officers

Chief Executive Officer, President, Chief Med...
Total Annual Compensation: $698.4K
Executive Chairman and Executive Vice Preside...
Total Annual Compensation: $324.0K
Chief Financial Officer
Total Annual Compensation: $213.5K
Chief Operating Officer and Corporate Secreta...
Total Annual Compensation: $307.6K
Compensation as of Fiscal Year 2014.

galectin therapeutics inc (GALT) Key Developments

Galectin Therapeutics, Inc. - Shareholder/Analyst Call

To discuss the company's pipeline of galectin inhibitor compounds and progress in development of treatments for liver fibrosis and cancer; Annual Shareholder Meeting

Galectin Therapeutics Inc. Reports Open-Label Phase 1 Study with 8 Mg/Kg Dose of GR-MD-02 and 2 mg/kg Dose of Midazolam

Galectin Therapeutics Inc. reported that in an open-label Phase 1 study with 8 mg/kg dose of GR-MD-02 and 2 mg/kg dose of midazolam there was no drug-drug interaction and no serious adverse events or drug-related adverse events were observed. This study was required by the U.S. Food and Drug Administration (FDA) and the primary objective was to determine if single or multiple intravenous (IV) doses of GR-MD-02 affect the pharmacokinetics (PK) of midazolam. The secondary objective was to assess the safety and tolerability of GR-MD-02 when administered concomitantly with midazolam. The lack of a drug interaction in this study will permit Galectin to expand the number of patients eligible for its Phase 2 clinical trial. In addition, should GR-MD-02 be approved for marketing, the success of this study supports a broader patient population for the drug label. The open-label Phase 1 study in normal healthy volunteer subjects tested a single dose of IV midazolam in the absence of GR-MD-02, following a single IV dose of GR-MD-02 and following three weekly IV doses of GR-MD-02. The four dosing periods were spaced one week apart, with midazolam PK determined in dosing periods one, two and four. A total of 17 subjects completed the study and met the primary endpoint of midazolam clearance when administered alone, compared with when administered with single and multiple doses of GR-MD-02. Drug to drug interaction studies are an integral part of understanding how a drug will affect patients who are also on other drugs. With completion of this study, the company does not anticipate further drug-drug interaction studies will be required in the development of GR-MD-02.

Galectin Therapeutics, Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Galectin Therapeutics, Inc. reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total operating loss of $4,840,000 compared with $4,844,000 a year ago. Net loss applicable to common stock was $5,074,000 or $0.22 per basic and diluted share compared with $5,408,000 or $0.27 per basic and diluted share a year ago. The decrease in net loss applicable to common stockholders is largely due to a decrease in stock-based compensation expense of $0.7 million partially offset by higher research and development expenses related to clinical programs.


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