Galectin Therapeutics Inc (GALT) Financial

Galectin Therapeutics, Inc. is a biotechnology company, which engages in drug research and development to create new therapies for fibrotic disease, severe skin disease, and cancer. The company is headquartered in Norcross, Georgia and currently employs 15 full-time employees. The company went IPO on 2002-09-04. The firm's drug candidates are based on its method of targeting galectin proteins, which are key mediators of biologic and pathologic functions. The firm's lead drug, belapectin, is a carbohydrate-based drug that inhibits the galectin-3 protein, which is directly involved in multiple inflammatory, fibrotic, and malignant diseases, for which it has Fast Track designation by the United States Food and Drug Administration. The lead development program is in metabolic dysfunction-associated steatohepatitis (MASH, formerly known as nonalcoholic steatohepatitis, or NASH) with cirrhosis, the most advanced form of MASH-related fibrosis. The firm's additional development programs are in treatment of combination immunotherapy for advanced head and neck cancers and other malignancies.