Why Galectin Therapeutics Stock Bolted Higher Today [The Motley Fool]
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: The Motley Fool
Galectin's new patent for its lead drug candidate sent its shares higher today. George Budwell ( TMFGBudwell ) Jun 27, 2018 at 12:56PM What happened Shares of the clinical-stage biotech Galectin Therapeutics ( NASDAQ:GALT ) are ripping higher today after the company announced a new patent covering the use of GR-MD-02 as a means to treat pulmonary fibrosis. The patent reportedly extends the experimental drug's period of exclusivity until 2032. As of 12:25 p.m. EDT, Galectin's shares still are up by a respectable 13.3% on the back of this news. Image source: Getty Images. So what Perhaps the real reason Galectin's shares took flight, however, is one specific comment in the press release made by the company's CEO Dr. Harold H. Shlevin. He stated that, Pharmaceutical companies may have an interest in this disease as there is a sizable sect
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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
- 4/9/24 - Form 4
- 3/29/24 - Form 8-K
- 3/29/24 - Form 10-K
- GALT's page on the SEC website