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Galectin Therapeutics Inc   (NASDAQ: GALT)
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Price: $1.2400 $-0.01 -0.800%
Day's High: $1.285 Week Perf: 11.71 %
Day's Low: $ 1.21 30 Day Perf: -46.32 %
Volume (M): 230 52 Wk High: $ 4.27
Volume (M$): $ 285 52 Wk Avg: $2.42
Open: $1.25 52 Wk Low: $0.73



 Market Capitalization (Millions $) 77
 Shares Outstanding (Millions) 62
 Employees 24
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -48
 Cash Flow (TTM) (Millions $) 8
 Capital Exp. (TTM) (Millions $) 0

Galectin Therapeutics Inc
Galectin Therapeutics Inc is a publicly traded, clinical-stage biotechnology company that is focused on developing therapies to treat fibrosis and cancer. In particular, the company is working on developing galectin inhibitors, which are drugs designed to block the activity of galectins, which are proteins involved in inflammation, cell growth, and cell death.

The company was founded in 2000 and is based in Norcross, Georgia. Its lead product candidate is GR-MD-02, a galectin-3 inhibitor that is being developed to treat a variety of fibrotic diseases, including non-alcoholic steatohepatitis (NASH), or fatty liver disease, and liver fibrosis caused by hepatitis C virus (HCV) infection. The company is also exploring the use of galectin inhibitors to treat various types of cancer.

Galectin has completed multiple clinical trials of GR-MD-02 for NASH and liver fibrosis, including a phase 2b clinical trial of GR-MD-02 in patients with NASH cirrhosis. The company is currently conducting a phase 2 clinical trial of GR-MD-02 in combination with KEYTRUDA for the treatment of metastatic melanoma.

In addition to GR-MD-02, Galectin has a pipeline of galectin inhibitors in various stages of development, including GR-e, a galectin-1 inhibitor being developed for the treatment of cancer, and GM-CT-01, a galectin-9 inhibitor being developed for the treatment of asthma and other inflammatory diseases.

Overall, Galectin Therapeutics is focused on developing innovative therapies for serious diseases with unmet medical needs, particularly fibrotic diseases and cancer.


   Company Address: 4960 Peachtree Industrial Blvd. Norcross 30071 GA
   Company Phone Number: 620 -3186   Stock Exchange / Ticker: NASDAQ GALT


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ENSC        8.37% 
GLYC        3.63% 
KZR   -1.75%    
OTLC   -21.43%    
RAPT   -0.83%    
URGN        0.88% 
• View Complete Report
   



Clinical Study

In an era marked by rapid advancements in biotechnology, Galectin Therapeutics, Inc. (NASDAQ GALT) stands a...

Published Fri, Dec 20 2024 1:00 PM UTC

Navigating New Frontiers: Galectin Therapeutics Shares Promising Results from NAVIGATE Trial Amid Industry Challenges In an era marked by rapid advancements in biotechnology, Galectin Therapeutics, Inc. (NASDAQ: GALT) stands at the helm of innovation, recently unveiling top-line results from its global NAVIGATE clinical trial. This groundbreaking study evaluates the efficacy...

Clinical Study

Galectin Therapeutics to Present Three Key Abstracts at AASLD 2024 on Innovative Treatments for MASH Cirrhosis ...

Published Tue, Oct 15 2024 12:00 PM UTC

On October 15, 2024, Galectin Therapeutics Inc. (NASDAQ: GALT), a pioneering biopharmaceutical company focused on developing innovative therapies that target galectin proteins, made an exciting announcement regarding their participation in the upcoming American Association for the Study of Liver Diseases (AASLD) annual meeting. The company revealed that three abstracts highl...

Galectin Therapeutics Inc

Galectin Therapeutics Inc Reports Strong First Quarter 2024 Financial Results2.


Date: May 15, 2024
Galectin Therapeutics, Inc. (NASDAQ: GALT), a leading developer of therapeutics targeting galectin proteins, recently announced its financial results and provided a business update for the quarter ended March 31, 2024.
During the earnings season from January to March 2024, investors did not anticipate any significant changes in the company's revenue. However, there was close scrutiny of GALT's operating loss, which amounted to $9.648 million during the same period. It is important to note that the recent management's focus on day-to-day operations has surpassed that of the corresponding three months in the previous year, particularly in the research domain. This finding holds significant weight in this report.

Galectin Therapeutics Inc

Galectin Therapeutics Inc's Strategic Financial Management Sparks Investor Confidence

The Major Pharmaceutical Preparations sector is buzzing with excitement as insiders analyze the fourth quarter results of 2023. Galectin Therapeutics Inc, a company specializing in therapeutics that target galectin proteins, has reported an operating deficit of $-9.561 million for the October to December 31 quarter of 2023. Although the company has not specified any revenue yet, the progress in managing day-to-day operations has been commendable.
Throughout the fiscal year ending December 31, 2023, Galectin Therapeutics Inc has shown significant improvement in managing their finances. The net deficit per share has widened to $-0.74 from $-0.65 in the previous fiscal year, while the revenue remains unchanged at $0.00 million. Despite a deficit of $-44.69 million, the company's management has shown efficiency in cutting down diminishing returns to $-10.009 million.

Galectin Therapeutics Inc

Galectin Therapeutics Inc Discloses Operating Loss of $9.166 Million in Q3 20232.

Galectin Therapeutics Inc (NASDAQ: GALT), the leading developer of therapeutics that target galectin proteins, recently announced its financial results and provided a business update for the three months ended on September 30, 2023. According to the Company's Quarterly Report on Form 10-Q, it reported an operating loss of $-9.166 million for that period. Although the revenue has not yet been declared, it is important to analyze the business's performance to gain a better understanding of its current conduct.
During the same quarter in 2022, Galectin Therapeutics Inc recorded an operating loss of $-8.122 million. This suggests that the company has encountered certain challenges in pursuing a successful business strategy, as entities often face uncommonly difficult periods. The deficit has expanded to $-14.035 million in the third quarter of 2023, which further accentuates the hurdles that Galectin Therapeutics Inc is currently facing.










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