Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €3.14 EUR
Change Today -0.065 / -2.03%
Volume 0.0
PHPN On Other Exchanges
Symbol
Exchange
NASDAQ CM
Frankfurt
NASDAQ CM
As of 10:32 AM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

galectin therapeutics inc (PHPN) Snapshot

Open
€3.24
Previous Close
€3.21
Day High
€3.26
Day Low
€3.14
52 Week High
07/28/14 - €11.83
52 Week Low
12/29/14 - €2.63
Market Cap
73.9M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
23.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GALECTIN THERAPEUTICS INC (PHPN)

galectin therapeutics inc (PHPN) Related Bloomberg News

View More Bloomberg News

galectin therapeutics inc (PHPN) Related Businessweek News

No Related Businessweek News Found

galectin therapeutics inc (PHPN) 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 (PHPN) Top Compensated Officers

Chief Executive Officer, President, Chief Med...
Total Annual Compensation: $569.7K
Executive Chairman
Total Annual Compensation: $360.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $127.3K
Chief Operating Officer and Corporate Secreta...
Total Annual Compensation: $260.0K
Compensation as of Fiscal Year 2013.

galectin therapeutics inc (PHPN) Key Developments

Galectin Therapeutics, Inc. Reports Consolidated Earnings Results for the Year Ended December 31, 2014

Galectin Therapeutics, Inc. reported consolidated earnings results for the year ended December 31, 2014. The company reported fiscal year 2014 net loss applicable to common stockholders of $17.0 million, or $0.78 loss per basic and diluted share, compared with the prior year's $21.9 million, or $.30 loss per basic and diluted share. The company attributed the decrease in net loss applicable to common stockholders is largely due to an $8.8 million or $0.53 per share one-time, non-cash charge related to the modification of certain warrants recorded second quarter 2013 and an unrelated one-time, non-cash stock compensation charge of $1.0 million or $0.06 per share recorded in third quarter 2013, which were partially offset by increased research and development expenses primarily related to its clinical program. Total operating loss was $15.4 million against $12.1 million a year ago.

Galectin Therapeutics, Inc. announced delayed annual 10-K filing

On 03/16/2015, Galectin Therapeutics, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Galectin Therapeutics Announces Details of Design of its Phase 2 Program With GR-MD-02

Galectin Therapeutics announced details of the design of its Phase 2 program with GR-MD-02 in patients with advanced fatty liver disease, or nonalcoholic steatohepatitis (NASH) with cirrhosis. The program includes two clinical studies. The first is a multicenter, randomized, placebo-controlled, double-blind, parallel-group Phase 2 trial to evaluate the safety and efficacy of GR-MD-02 for the treatment of liver fibrosis and resultant portal hypertension in patients with NASH cirrhosis (the NASH-CX trial). This trial is expected to commence in the second quarter of 2015 with data readout expected in the fourth quarter of 2017. In addition, the Company will conduct a smaller trial of shorter duration in NASH patients with advanced fibrosis (the NASH-FX trial). The NASH-CX trial was designed with guidance from the U.S. Food and Drug Administration (FDA) received during an End-of-Phase 1 meeting. The NASH-CX trial will include 45 sites (and up to 60 sites, if necessary) in the U.S. and Canada and will enroll a total of 156 patients. It will be comprised of three parallel treatment arms of 52 patients each, with one arm receiving 8 mg/kg of GR-MD-02, the expected therapeutic dose, one arm receiving 2 mg/kg of GR-MD-02 and a third arm receiving placebo. Patients will receive a total of 26 infusions every other week for one year and will be evaluated to determine the change in the hepatic venous pressure gradient (HVPG) as compared with placebo. The FDA has indicated that HVPG may serve as a surrogate primary endpoint for NASH cirrhosis. HVPG will be correlated with secondary endpoints of fibrosis on liver biopsy as well as with measurement of liver stiffness (FibroScan®) and assessment of liver metabolism (13C-methacetin breath test, Exalenz), which are non-invasive measures of the liver that may be used in future studies. Galectin is finalizing a submission to the FDA by the end of February for a Special Protocol Assessment (SPA) to accept this trial, if positive, as one of the required trials to support approval of the drug candidate. The FDA has previously agreed to review this study protocol for acceptance under an SPA.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PHPN:GR €3.14 EUR -0.065

PHPN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PHPN.
View Industry Companies
 

Industry Analysis

PHPN

Industry Average

Valuation PHPN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 3.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GALECTIN THERAPEUTICS INC, please visit www.galectintherapeutics.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.