Galectin Therapeutics IPF Patent Solidifies Platform Technology Status [Seeking Alpha]
Galectin Therapeutics Inc. (GALT)
Last galectin therapeutics inc. earnings: 11/12 08:00 am
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US:NASDAQ Investor Relations:
investor.galectintherapeutics.com/investor-relations
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Source: Seeking Alpha
Summary Galectin Therapeutics (NASDAQ: GALT ) announced on June 27th its patent for the method and treatment of Idiopathic Pulmonary Fibrosis (NYSEARCA: IPF ). The significance of this patent was initially received as extremely positive by the market, but recent structural pressures like the option exercise of a key departing officer continued to weigh on the price. Based on the recent Form 4 Filings , the selling pressure has abated because the officers have simply run out of options to sell. The removal of this distraction should allow the market to once again focus on the fundamental story of an emerging platform technology. Galectin blockers, GALT’s and others’, have been proven in 6 human trials ((melanoma, atopic dermatitis, NASH, psoriasis - GALT), (IPF - Galecto), (CKD - LJPC)) and implicated in over 20 animal studies, but the market cannot seem to grasp the magnitude of this clinical discovery by expanding the market capitalization. In a nutshell, galectins, e
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GALT
News
- Galectin Therapeutics Inc. (NASDAQ: GALT) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $11.00 price target on the stock.MarketBeat
- Galectin Therapeutics Reports the Positive Outcome of the Fifth Data and Safety Monitoring Board Meeting for NAVIGATE Phase 2b/3 Study of Belapectin in Patients with Cirrhotic Portal Hypertension Caused by Metabolic Dysfunction-Associated SteatoHepatitis Acquire Media Monitor
- Galectin Therapeutics Reports the Positive Outcome of the Fifth Data and Safety Monitoring Board Meeting for NAVIGATE Phase 2b/3 Study of Belapectin in Patients with Cirrhotic Portal Hypertension Caused by Metabolic Dysfunction-Associated SteatoHepatitisGlobeNewswire
- Galectin Therapeutics Inc. (NASDAQ: GALT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Galectin Therapeutics Inc. (NASDAQ: GALT) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $11.00 price target on the stock.MarketBeat
GALT
Earnings
- 11/13/23 - Miss
GALT
Sec Filings
- 4/22/24 - Form 4
- 4/9/24 - Form 4
- 3/29/24 - Form 8-K
- GALT's page on the SEC website